Articles

Insurance

Insurance groups urge delay on IFRS 17 until 2023 as 'significant issues not addressed’

Insurance bodies have called on the International Accounting Standards Board (IASB) to delay the implementation of IFRS 17, the new accounting standard, to 2023, saying a “number of significant issues have not been addressed”.   26 September 2019

Insurance

Satellite technology helps Lloyd’s speed up claims process for nat cat: McKenzie

Satellite imagery technology is a key part of the push at Lloyd’s in using technology to speed up claims payments following natural catastrophe events, according to McKenzie Intelligence Services (MIS).   26 September 2019

Insurance

Blockchain 'moves beyond the hype' towards real-world solutions

Hailed as one of the few insurtech technologies with the potential to transform the centuries-old re/insurance industry, blockchain is finally moving from 'hype' to reality as companies are becoming increasingly focused on investment returns and solutions with real-world use.   26 September 2019

Insurance

AI insurtech omni:us lands €1.6m European funding to develop machine learning-powered claims solution

Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has secured €1.6 million of European Commission funding to develop its machine learning-powered insurance claims platform.   26 September 2019

Insurance

Re/insurance potentially 'decisive' in tackling climate change, Bank of England’s Mark Carney tells UN Climate Action Summit 2019

Mark Carney, the governor of the Bank of England, said the re/insurance sector has a “crucial” role and “unique contribution” to make in tackling climate change and smoothing the transition to a 1.5 degree world.   26 September 2019

Insurance

Trak Global appoints Leon Hurst to head mobility division

Trak Global has appointed Leon Hurst to head up its growth plans in the automotive and mobility sectors.   25 September 2019

Insurance

AXA XL teams up with Accenture on cybersecurity services

Re/insurer AXA XL has partnered with Accenture to offer global cybersecurity expertise, including threat intelligence, risk mitigation and post breach services, to its underwriters, brokers and clients.   25 September 2019

Insurance

Aon launches product designed to boost ‘claims adjustor productivity by 25%’

Aon has launched a tool to read claims notes on open files, saying it can boost claims adjustor productivity by 25 percent.   25 September 2019

Insurance

Zurich commits to zero-emission investment portfolio; launches climate risk service

Zurich Insurance Group said it will have a zero-emission portfolio of investments by 2050, and is committing to other actions on climate change, as it warned that the world is behind schedule on tackling the problem.   25 September 2019

Insurance

Clyde & Co strengthens London marine team with partner hire from Kennedys

Law firm Clyde & Co has appointed Andrew Yarwood as a partner in its London marine cargo group.   25 September 2019

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