The UK has a successful and rapidly growing data-driven insurtech sector. Finding new ways to use data and technology to transform this multi-billion pound industry is helping insurers and brokers improve product offerings while reducing costs. Percayso Inform is pioneering new ways to use data from multiple sources to drive innovation for their clients across the insurance … [Read more...] about Percayso Inform – powering data-driven innovation for the insurance industry.
By its very nature, the FMCG sector has always relied on data to track inventory and sales at scale and speed. Supermarkets and their FMCG suppliers were pioneers of data handling technologies such as bar codes, EFTPoS and EDI. However, for FMCG companies the challenge has been to work with the multiple systems employed by supermarkets and other retailers. Differing data … [Read more...] about elm – helping FMCG companies move faster with data
Data has always been a core asset for the insurance industry. Understanding and calculating risk depends on accurate and timely data as well as the skills to manage it. As increasing numbers of the objects that we interact with on a daily basis become "smart" through the use of sensors and transmitters, the potential sources of data that insurers can draw on to better estimate … [Read more...] about LexisNexis Risk Solutions – helping the insurance industry innovate with data
Telematics solutions for the motor insurance sector are not new. Tracking driver behaviour through black boxes to better manage risk, particularly for younger drivers, is a fairly well-established practice. However, the stakeholders involved in the value chain are diverse; car makers, OEMs, insurance underwriters, brokers and the drivers themselves. Launching a new technology … [Read more...] about ThingCo – driving change for motor insurers