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AI can treat customers as individuals
Insurance
Data science and machine learning offer opportunities to provide better pricing and reduce fraud as well as offering other benefits, Airmic delegates heard at the ‘How can AI change the risk landscape for businesses and their insurers?’ workshop led by QBE at the Airmic conference.   4 June 2019
Interest in technology to ‘speed up in next five years’
Insurance
An acceleration in the take-up of technology can be expected “in the next five years” as more insurance industry executives recognise the value it can provide, said Steve Cloutman, managing director at advanced analytics company Ventiv Technology.   4 June 2019
Tipping point for downstream energy?
Insurance
Paul Sankey, Liberty Specialty Markets’ head of energy & construction, says the downstream energy market needs to do some serious thinking about its profitability.   4 June 2019
Insurance
The majority of risk professionals want more opportunity to influence strategic decisions as the world becomes increasingly volatile and complex, the Airmic 2019 survey has found.   4 June 2019
Insurance
Organisations are not paying enough attention to emerging risks, preferring to focus on easier-to-manage visible risks, according to a guide published by Airmic in association with Marsh.   4 June 2019
Insurance
The commercial European insurance market is at the cusp of a more consistent shift towards firming market conditions that will have a strong impact on buyers, a new report by Aon has claimed   4 June 2019
Insurance
Carriers and brokers increasingly want their partners to help them leverage data and technology to make them more efficient and offer greater insights into the risks and claims they are grappling with.   4 June 2019
Insurance
The business environment is moving at an extraordinary pace, giving rise to more complex liabilities and leaving organisations uncertain about how to approach key issues such as threat monitoring, governance and cybersecurity, a five-part analysis of Airmic’s 2019 member survey has revealed.   4 June 2019
Insurance
You don’t need talent to be successful, because hard work beats talent, according to British swimmer Karen Pickering, speaking at the Women in Business networking lunch, hosted by Willis Towers Watson and Rushton, at the 2019 Airmic conference.   4 June 2019
Alternative Risk Transfer
French reinsurer SCOR has returned to the London market for its latest $250 million catastrophe bond to protect itself against losses from named storms and earthquakes in the US and Canada, and windstorms in Europe.   3 June 2019

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