There are many lessons which can be learned from top companies in leading digital transformation from the top down. #digitaltransformation #insurance #analytics #data buff.ly/3U18kQv

The insurance sector has long had trouble keeping up with the mountain of paperwork that sits on executive desks. The manual inspection, copying, and scanning of papers by insurers is no longer a workable business model. buff.ly/3D9tw0k

The estimated 11,000 fraudulent claims Aviva UK uncovered in 2021 were collectively worth more than £122 million. #insurance #data #analytics #fraud #AI buff.ly/3TUbk0Y

If brokers can help their clients better manage environmental risks – a crucial pillar in ESG – they can better fulfil their advisory role. #ESG #insurance #data #analytics #underwriting buff.ly/3en1rZ9

The ‘AI grownups’ is a small group of companies who are experimenting with AI and are reaping significant benefits by accelerating revenue growth by finding ways to outperform their competitors. #AI #machinelearning #data #analytics #insurance buff.ly/3B1uokX

Only a small number of top industry competitors dominate the auto insurance market, but the products, services, and benefits they offer differ greatly. #insurance #underwriting #data #analytics buff.ly/3ezKbjF

For insurers to retain talent, they must start to develop a digital-first culture by implementing Cloud 2.0 technology and adopting hybrid working arrangements for employees. #insurance #data #analytics #talent #underwriting buff.ly/3QoDnm1

In a recent survey carried out by the Bank of England and the FCA, 72% of firms interviewed reported that they were using of developing machine learning applications buff.ly/3VlrGjM #insurance #data #analytics #machinelearning #AI

It is insufficient to simply wipe data from a device's hard disc before destruction, there are many dangers to data disposal which need to be considered. buff.ly/3eqH3GW #data #insurance #analytics #AI

Companies such as Lemonade are using AI to digitise the customer experience end to end buff.ly/3T8GYXg #insurance #data #analytics #AI #predictive

The skill sets of insurance recruits are evolving towards data and analytics, digitalisation, robotics and automation, as well as diversity of experience. #insurance #data #analytics #recruitment buff.ly/3rPwIaH

New aerial imaging capabilities are constantly being developed in the insurance space, meaning predicting and preventing loss is more accessible than ever. #insurance #data #AI #analytics buff.ly/3MrIktU

Insurance companies are now able to respond to requests promptly and ensure that the clients they promise to serve will receive a high-quality service thanks to automation made possible by AI. buff.ly/3SPKiqA #insurance #data #analytics #predictive

There is still a gap between the early adopters who are using digital transformation to gain a competitive advantage compared to the more traditional insurers. #insurance #data #analytics #digitaltransformation buff.ly/3rNA6TD

Perceptions of digital experience among the UK’s top insurers is flailing according to a social media sentiment survey. #digitalization #data #customerexperience buff.ly/3fSTM5A

Our main investor Kevin Allchorne discusses how Capacity can encourage MGAs to raise the bar and secure healthier and longer term capacity. #MGA #dataanalytics #insurance buff.ly/3cTi7Ed

Read this interesting article on how technology can be used to enhance human led decisions below: #MGA #dataanalytics #insurance #insurtech buff.ly/3U8cSD8

A big thank you to the InsTech team for hosting us and others at the InsTech Summer Party last night. Always great to reconnect with friends and customers. Eric Giroux InsTech

Oye! Oye! Our latest case study is now live! The recent story of a new and delighted customer gaining a sustainable underwriting competitive advantage thanks to our platform but more importantly thanks to a fantastic partnership growing fast. Are you ready for possible hardening

#becauseofITC #insurtech. Main stage and vast attendance listening to pushing the limit of possibilities in insurance and technology Eric Giroux