Insurance news in the UK | Page 4

An overview of news, trends and research in the Insurance industry in the UK:

Investors considering to invest in InsurTech should consider 4Ps Anyone considering investing in InsurTech needs to consider the four P’s of profitability, proximity, persistence and productivity, writes Matteo Carbone, a Principal at Bain & Company.
05 October 2016
Insurers keen to develop ERM systems to unlock business risk insights Enterprise risk management solutions within the insurance industry are on the increase, as their reactionary potential for dealing with risk events pays off.
04 October 2016
Top 10 technology forces that will shape financial services in 2020 Ciaran Kelly, partner at PwC in Ireland, analyses the findings of a report on the real-world implications of FinTech for financial services firms and the areas these firms should prioritise.
03 October 2016
Auto insurance industry and InsurTechs can learn from telematics in Italy Matteo Carbone, Principal at Bain & Company in Italy, reflects on how InsurTechs can learn from the experiences the Italian auto insurance industry has gained from its use of telematics.
22 September 2016
Ensur named implementation partner of Keylane in Belgium Ensur, a project management and consultancy firm based in Belgium, has entered into a strategic partnership with Keylane, an IT firm that provides software solutions to life and non-life insurers and
22 September 2016
Cybercrime and crisis insurance products to boom in coming years Insurance against a range of risks in the political risk and crisis management space are set to boom in the coming years, after a period of lacklustre profitability growth within the market.
13 September 2016
Brexit risks London losing its top spot in Europe for financial services London may lose its rank as the most attractive destination for financial services firms in Europe, following a possible Brexit.
29 August 2016
Xceed Group supports RFIB with implementation of IaaS model Xceed Group, a London-based IT management consultancy, has helped RFIB Group with the selection of an Infrastructure as a Service (IaaS) model to support the firm’s future growth plans.
24 August 2016
Artificial Intelligence and robotics high on financial services agenda As financial services organisations predict and plan for the way consumers will manage their money in the future, artificial intelligence (AI) is high on the business development strategy for 2016 an
06 July 2016
Andrew Kail leads Financial Services practice of PwC in UK PwC’s UK Financial Services practice has, per 1 July 2016, appointed Andrew Kail as its new leader. Kail, who succeeds Kevin Burrowes, has more than 25 years of financial services experience.
27 June 2016
How Financial Services can transform to ride the digitalisation wave Banks and insurance companies that are able to transform themselves will be well placed to benefit from digitalisation.
24 June 2016
Arthur J. Gallagher & Co. acquires KRW Insurance Agency Arthur J. Gallagher & Co. has acquired Illinois-based insurance brokerage KRW Insurance Agency.
22 June 2016
Financial services still run by old boys, as women step out to care Gender disparity within the business world remains a seemingly intractable problem, with slow progress towards parity at the top.
21 June 2016
Ebix plans to acquire technology solutions provider Patriot National Global insurance professional and technological services giant Ebix is set to acquire US-based Patriot National.
21 June 2016
Aon supports ThinkHazard! with 31 earthquake data sets Earthquakes can cause immense damage, in severe cases resulting in collapsing structures and a high dealth toll.
16 June 2016
Growing sub-Saharan market to lift demand for insurance services Growth has been swift in sub-Saharan Africa as macroeconomic conditions improve and population growth remains strong.
08 June 2016
Onno Bloemers leads Benelux Insurance practice of Delta Capita The Benelux practice of Delta Capita has strengthened its partner team with Onno Bloemers.
30 May 2016
CGI supports Copernicus programme to boost insurance data Climate change sometimes comes with blustery weather, causing all kinds of unexpected economic damage – and resultant insurance claims.
05 April 2016
Financial services industry needs holistic digital strategy Banks and insurers are too slow in responding to the wave of digitisation.
15 March 2016
Accenture expands financial services blockchain footprint Blockchain technology is estimated to have the potential to save the financial services industry up to $20 billion by 2021.
23 February 2016
Executives in financial services anticipate more shut-eye Financial services industry executives are being faced with an increasingly complex landscape.
17 February 2016
Competition for M&A in insurance industry heating up Merger and acquisition activity in the insurance industry is forecasted to rise in 2016, according to a new study by Willis Towers Watson in collaboration with Mergermarket.
17 February 2016
Oxera Consulting: Building affordable flood insurance In Europe, the risk of flooding is projected to increase due to climate change.
15 January 2016
PPPs can improve risk sharing for natural catastrophes Natural catastrophes cause considerable human, environmental and economic losses.
07 January 2016
McKinsey & Company invests in Chinese Ping An Group As part of its involvement in advising Ping An Insurance’s subsidiary Ping An Property, McKinsey & Company has invested an undisclosed amount into the company, which will be partly used for the compa
05 January 2016
Persistent floods cost India billions in uninsured losses The human and economic costs of natural disasters can be considerable.
05 January 2016
Arthur J. Gallagher & Co. acquires Centennial Insurance Arthur J. Gallagher & Co. has acquired US West based Centennial Insurance Agency for an undisclosed sum as part of inorganic expansion in the US.
23 December 2015
Infosys launches FinTech and services centres in Ireland The FinTech industry in Ireland, already running hot from a wide range of government policies and investor interest, is set to gain another boost.
18 December 2015
Arthur J. Gallagher buys insurance broker in New Zealand Insurance broker Reid Manson, situated in the central district of New Zealand’s South Island, has been acquired by the New Zealand subsidiary of Arthur J. Gallagher & Co, Crombie Lockwood.
18 December 2015
Towers Watson: UK car insurance premiums on the rise Car insurance premiums for private vehicles are again on the increase, with the most recent quarter seeing a 4.8% (£29) increase to £629. Towers Watson, crunching numbers from Confused.
08 December 2015
Indian insurers spend 2.1 billion on IT and technology The IT budgets of Indian insurance companies for 2016 is heading towards $2.11 billion, as they spend more on IT products and services, research by Gartner shows.
19 November 2015
Guy Carpenter launches risk management platform Insuring risks has been part of business for millennia and many of the world’s assets are insured against calamities. Yet underwriting risk has not always been straight forward.
10 November 2015

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