Since the birth of the Bitcoin cryptocurrency, over the last few years hype has surrounded Distributed Ledger Technology (DLT) and especially blockchain. These technologies have not yet delivered on promises, but experts believe that DLT [...]
Insurers are developing and deploying increasingly complex Big Data tools, first for post-sales purposes such as claims handling and customer service, but also potentially for sales, pricing and underwriting. These Big Data and AI tools [...]
In a world increasingly subject to digitalisation and the use of technology, an ineffective IT strategy and failing IT are amongst the most significant risks facing the boards of most organisations. The purpose of this [...]
Digital security awareness and resilience is one of the highest priority items on all agendas. However, the lack of data captured using a common language – understandable by different disciplines within and across organisations - [...]
With data available at an unprecedented scale, Big Data & Analytics allow insurers to strengthen risk prevention, develop more personalised products, and cover previously excluded risks. For instance, diabetes patients may benefit from customized health [...]
Regulators are taking a heightened interest in organizations’ risk management and underlying cultures, with the spotlight shifting somewhat from banks to insurers. Organizations with mature risk cultures are more likely to make decisions that [...]
There is model risk associated with every model. Although this is a well-known fact and extensively covered in the literature, recent developments in insurance regulation, information technology and insurance product design have raised the awareness [...]
Cyber risk continues to dominate discussions in nearly all forums. The limited and fragmented data on cyber risk presents a significant challenge for companies as they try to understand, mitigate and quantify cyber risks. A [...]
The smart phone checking your blood pressure, your car’s navigation system, your web navigation - just three examples of solutions that, in addition to making your daily life easier, produce data representing your health and [...]
Casualty accumulation is the concentration of insured risks or insurance coverages that may be affected by events or circumstances that cause substantial losses under several insurance policies, and potentially over multiple years and geographies. In [...]
