Tag: Insurers

Financial Institutions are shifting their workload to the cloud in 2024

This research was derived from a 2023 survey conducted by McKinsey and The Institute of International Finance of 37 financial services companies around the...

Hyperexponential’s guide to pricing decision intelligence 

In the realm of insurance, the most vital determinant of success lies in pricing strategies. Yet, a dramatic shift in how insurers formulate these crucial decisions remains elusive for many. Which leads us to the pivotal question: How can decision intelligence revolutionise the insurance landscape? Award-winning insurance pricing software provider, Hyperexponential investigates.

The insurance evolution: How delegated authority relies on fast data exchange

There's been a noteworthy shift within the insurance sector. The catalyst for this shift? The ever-growing importance and sheer volume of data.

Canada’s OSFI eyes risk management with proposed Crypto-asset guidelines

The Office of the Superintendent of Financial Institutions (OSFI) is taking strides to adapt to the rapidly changing digital asset landscape. Reflecting the shifting risk environment and emerging global patterns, OSFI is introducing modifications to its capital and liquidity guidelines for crypto-assets.

Mandatory climate disclosures for financial institutions to be unveiled in New...

New Zealand has become the first country globally to pass laws requiring banks, insurers and investment managers to disclose the impact of climate change on their companies.

How has Covid-19 transformed the need for better pricing in the...

The coronavirus pandemic has forced insurers to review their pricing models, but adopting new tech solutions to do that could have many benefits.

FCA, PRA and Bank of England warn insurers against failing to...

Three of the UK's top financial market regulators have signed a joint letter warning insurers against resting on their laurels when it comes to preparing for Brexit on December 31.

COVID-19 has highlighted insurers’ need to update the tools they use...

The coronavirus has transformed businesses in a very short time, but could also provide insurers with an opportunity to rethink their old ways of estimating risks.

Will InsurTech startups come out as the big winners of the...

COVID-19 could be great for the InsurTech industry as the crisis highlight where insurers’ shortcomings are. But that does not mean there won’t be hard times ahead.

InsurTech Slice Labs announced four new AI-powered services

Slice Labs is rolling out new services to help insurers make better decisions on everything from claims to fraud.

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