Tag: 2023 FinTech

The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.

Unveiling the pitfalls and limitations of Bubble, a no-code development platform, Alexander Shumski, Head of Presales, an engineer and architect at Symfa, offers a comprehensive analysis and reveals the intricacies that make it a challenging choice for enterprise BI development. Shumski offers his opinion on the discussion and offers nuanced insights into superior alternatives that amplify BI software development, ensuring a seamless transition towards enhanced efficiency and functionality.

As the spotlight on Environmental, Social, and Governance (ESG) issues intensifies, insurance companies are faced with the complex task of aligning their strategies with the broader ESG landscape. As new research from Solera surfaces suggesting that customers are increasingly seeking proof of ESG commitment, FinTech Global examines how these ESG considerations are affecting insurers.

OneBefore, an underwriter-led Managing General Agent (MGA), has announced its UK launch.

FRISS, a global leader in trust automation solutions for Property and Casualty (P&C) insurers, has revealed the FRISS Accelerator for Claims Analytics for ClaimCenter Cloud.

Many insurance companies offer their customers the convenience of scanning and submitting claims-related documents through dedicated mobile apps. While this approach works well for many, not all users want to download additional applications. Fortunately, there's an alternative solution that combines efficiency and user-friendliness – implementing a Web SDK for document scanning directly through browsers.

The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.

The significance of digital communications is growing, making true omnichannel capabilities more critical than ever in providing a unified customer experience. While the goal of omnichannel might sound simple, it involves complex challenges. InsurTech Usher delves into the nuances of omnichannel and its impact on business drivers like loyalty, customer experience improvement, and operational cost reduction. 

Cincinnati Re, the reinsurance subsidiary of The Cincinnati Insurance Companies, has added Christopher Toppi to its team.

Origami Risk, a leading risk, safety, and insurance Software as a Service (SaaS) technology firm, has announced the appointment of Chris Bennett as Chief Strategy Officer and Mike Kaplan as Division President within its Core Solutions unit.