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Insurance news in the UK | Page 4
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Marsh: Premium for cybercrime Insurance on the rise
The cyber security insurance industry is seeing increased demand as more and more high profile cyber-attacks are embroiling companies in controversy and costing them millions of dollars.
27 October 2015
Synechron opens digital innovation center in Dubai
Synechron has opened a digital innovation centre in the Middle East.
20 October 2015
Mercer launches benefit engagement tool Harmonise
Mercer has launched a tool that aims to help employees better manage their retirement and health goals. Engagement among workers remains low, as do retirement aims.
24 September 2015
EY becomes the first Big4 member of Innovate Finance
EY is the first of the Big Four to become a member of the Innovate Finance, an organisation whose aim it is to advance UK based FinTech. EY will help member companies to accelerate their growth and FinTech offerings, as well as helping larger resea
31 August 2015
Collaborative ventures on the rise in financial services industry
A curious cultural shift is taking place when it comes to problem-solving in the financial services industry, writes Joe Channer, CEO of consulting firm Delta Capita.
18 August 2015
EY launches Global Innovation Centre in Madrid, Spain
Professional services firm EY has opened a Global Innovation Centre in Madrid, Spain.
28 July 2015
Right incentive system crucial for Financial Services
Complexity is in the nature of the financial services beast, however, with the right incentives, it can be managed. New rules around bonuses, according to Oliver Wyman, may have the opposite of their intended effect, incentivising generalised centr
21 July 2015
Capgemini: Fixing the insurance industry with Big Data
Insurance companies, which face decreasing levels of customer satisfaction and increased competition from non-traditional insurers, should leverage Big Data to regain their piece of the pie, research
02 July 2015
PwC: Financial services unattractive for young females
Female millennials are less inclined to join the financial services industry as they feel this sector lacks in diversity, something that is high on their wish-list when it comes to choosing an employer, research by PwC shows. According to the firm,
29 June 2015
BearingPoint: The adaptive insurer is the flexible insurer
To break through the traditional conservatism of the insurance industry, 84% of insurers that have greatly outperformed the competition did so through the adoption of adaptive business models, find a
29 June 2015
Marsh acquires Leeds-based SME Insurance Services
Global insurance broking and risk management consulting firm Marsh has reached a definitive agreement to acquire specialist commercial insurance company SME Insurance Services, boosting its commercial insurance offering. The terms of the transactio
17 June 2015
Accenture: 5 digital trends redefining insurance firms
The insurance industry is set to be reshaped by 5 digital trends, research by Accenture shows. For insurance companies to profit from the digitalisation, only adopting digital technologies will not be enough. According to the firm, insurance compan
01 June 2015
Infosys: Insurers must focus digital efforts on clients
Insurers should focus their digital investment more on their customer experience in order to drive their wanted business growth, research by Infosys shows. With the customer more and more in control, insurance companies should adapt to this, making
14 May 2015
4 tips for insurance firms to embrace digital media
In the coming years the insurance industry is set to be transformed by the digital revolution and the Internet of Things.
16 April 2015
Capgemini: Insurers struggle to please Generation Y
Insurers are struggling worldwide with declining positive customer experience ratings, research by Capgemini and Efma shows. They are especially experiencing trouble to keep up with the increasing digital demands of Generation Y. To reverse the dec
09 March 2015
Trustees of Standard Life hire Barnett Waddingham
The independent trustee of Standard Life Investments has hired Barnett Waddingham to provide investment consultancy services to the trustees of two large plans, with combined assets of $4.5 billion. With the appointment of the UK-based a
26 January 2015
Oliver Wyman: Fix industry, not women, for diversity
The number of female senior roles is the lowest in the financial services industry, with women less than half as likely as men to progress from a mid-level to a senior level position, concludes consu
05 January 2015
Financial services quarter of global consulting industry
The global financial services consulting market grew by more than 7% last year, to a value of nearly $24 billion, which amounts to 26% of the entire industry.
29 December 2014
Oliver Wyman: Men dominate ExCos of financial services
Despite substantial diversity efforts in the financial services industry, the top of the sector remains a male dominated world, reveals a research by Oliver Wyman.
08 December 2014
Towers Watson: M&A in insurance technology to rise
M&A in insurance technology is expected to increase as insurance firms place a bigger importance on product and distribution technology capabilities, concludes consulting firm Towers Watson. The increased emphasis on modern technology is the re
04 December 2014
BCG: London insurance market under significant threat
The multi-billion pound London Insurance Market is facing significant threats as the global hub for commercial insurance, conclude The Boston Consulting Group and the London Market Group in their research. The biggest threats are a loss of market s
18 November 2014
CGI supports Aon with cyber insurance risk assessment
Professional services firms Aon and CGI have decided to join forces in Finland. The partnership centres around the development and delivery of cyber insurance risk assessment services. Cybercrime is rapidly becoming one of the largest
17 September 2014
BearingPoint nominated for Financial Innovation Awards
On 27 November 2014, the 17th edition of the Financial World Innovation Awards are organised in London, UK. Among this year’s finalists is consulting firm BearingPoint, nominated in the 'Innovation in marketing and communications' category./
16 September 2014
McKinsey Principal Peter Hahn joins insurance firm Zurich
The North American practice of Zurich has appointed Peter Hahn as head of its Predictive Analytics department.
04 May 2014
FTI Consultang buys insurance practice of Distinct Consulting
Global consulting firm FTI Consulting has bought the Insurance industry practice of Distinct Consulting, a midsized consulting firm with offices in Dublin, London and New York. Approximately 40
13 December 2013
CGI helps ZLM Insurance with migration to SEPA
ZLM Insurance has hired CGI in the Netherlands to deliver support in transiting to Single Euro Payment Area (SEPA).
03 April 2013
McKinsey: Car insurers have dramatic marketing ROI
Car insurers have dramatic ROI on marketing and advertising effort. A study from McKinsey & Company shows that auto insurers have failed to boost sales even after spending billions of dollars on advertisements.
11 March 2013
Deloitte: Car insurance industry under high pressure
British car insurers have reported a loss of € 2.3 billion for the financial year 2010. The companies showed a combined ratio of 120%.
26 June 2011
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