Insurance

News, trends and technology insights for the insurance industry

The value of orthogonal data to insurers

It is anticipated that within the next three years, on average every human being on the planet will create about 1.7 megabytes of new information every second. This includes 40,000 Google searches every second, 31 million Facebook messages every minute, and over 400,000 hours of new YouTube videos every day. At first glance, the importance […]

Transforming to a digital enterprise

Change is everywhere, it’s accelerating, and most companies today recognize that disruption has come to their industries, fueled by advances in digital technologies and more collaborative outside-in cultures. Indeed, many have already begun a digital transformation to ensure that their business is not left behind. Digital leaders understand, however, that simply implementing certain technologies isn’t […]

Lack of clarity hinders cybersecurity insurance investment

data-protection DXC Blogs

Despite the increase in data breaches and their costs, many enterprise security professionals say their organizations don’t currently have cybersecurity insurance. But that may be changing. According to a recently released survey (registration required) commissioned by analytics software provider FICO, about 60 percent of respondents have some level of cybersecurity insurance. Add in those who say they […]

Assurance : « Souffler sur les braises du désir »

Le marché est actuellement en pleine ébullition, sautillant dans tous les sens, tel le sorcier vaudou marchant sur des « braises » en invoquant le dieu Digital… mais sans réellement savoir pourquoi faire et où tout cela pourra le mener… Pour comprendre cette effervescence, prenons un peu de recul, et regardons dans le rétroviseur de l’industrialisation de […]

Influencing the future of the London Insurance Market

London Market Digital Minds DXC Blogs

DXC’s Caroline Bedford talks about the Digital Minds delegates at the ACORD London Forum. When asked to chair a panel on the subject of “Influencing the Future of the London Market” at the recent ACORD London Forum, I was delighted that our Digital Minds delegates would share the stage with such impressive industry leaders. The Digital Minds think tank […]

Why insurance board members play an important role in the digital journey

In “What Makes Digital Leaders,” a survey conducted by the Economist Intelligence Unit and sponsored by DXC, the insurance industry ranks in the middle in terms of digitalizing major business functions. The survey revealed the not-so-surprising fact that IT is still largely treated as operational rather than strategic by many executives. With that in mind, PwC and DXC decided […]

How can the insurance industry improve its talent pool?

The report ‘Talent in the London Market – Unique Advantage’ by the London Market Group and Deloitte, came out in 2016 just as I finished my first year working in the insurance industry. Before my career change, I worked in IT and telecoms for a decade, serving multiple vertical industries, large-scale corporates, SMEs and consumers. Needless to say, I saw and helped […]

Consider this when configuring and customizing insurance technology

What’s driving the need for customization and configurability in the insurance technology space? As a philosopher once said, “The only thing that is constant is change.” And this is certainly true of the insurance industry. Mix a dash of market forces, a cup of product launches, a sprinkling of new countries, a handful of fresh business lines […]

Integrating new technologies into holistic insurance solutions

Advances in technology have meant applications are more open and can talk more easily to one another. This gives CIOs the ability to pick and choose the applications that make the most sense for their organization, and to integrate them into an end-to-end landscape. The approach eliminates the one-size-fits-all mentality of the past and makes […]

Empresa aseguradora e infraestructura tecnológica ágil, ¿es posible?

Las aseguradoras siempre han participado en la carrera por llegar antes al mercado, con sus productos y soluciones, pero siempre al menor coste. El origen de este gran reto tampoco es nuevo; cambio en las expectativas de socios y clientes, aumento de la competencia y exigencias de los organismos reguladores, tal vez añadiendo el clima […]