The strategic advantage of unified loss control and policy admin systems
In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.
Six ways tech is revolutionising M&A for insurers
Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
Maximising retention and safety in insurance with service-oriented strategies
The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled...
Howden, FullCircl team to boost client experience and streamline compliance costs
Howden, a global insurance intermediary group, has joined forces with FullCircl, a software provider specialising in accelerating growth for insurance brokers while embedding compliance seamlessly.
How insurance companies can mitigate risks with effective sanctions compliance
Sanctions serve as a powerful foreign policy instrument, exerted by governments to influence behaviour by penalising nations, entities, or individuals engaged in unlawful activities.
Cytora and Xapien unite to revolutionise due diligence in commercial insurance
Cytora, a leading digital risk processing platform, has formed a strategic partnership with Xapien, an innovative company known for its AI-powered due diligence capabilities.
The impact of loss run data on insurance operations and negotiations
In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses.
Mastering the underwriting process: How to avoid common pitfalls
In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.
Balancing technology and empathy: A guide to supporting vulnerable customers
In the wake of escalating living costs, contact centres have become crucial lifelines, particularly for vulnerable customers requiring support across utilities, healthcare, and housing sectors. This enhanced reliance on contact centres underscores their pivotal role in delivering responsible and sensitive services.
Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions
One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across...
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