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18/01/2021 - 6 min read

Three ways motor insurers can squeeze more value from vehicle data

The use of external data can help insurers identify potential fraud, but also shorten the customer journey by validating information more efficiently.

20/10/2020 - 17 min read

Next Generation Modeling: Loss Accumulation

With newly available claims data and computational techniques, AIR has calibrated the financial engine of our catastrophe models to accurately represent loss accumulation

03/09/2020 - 5 min read

From real-time fraud detection to remote claim assessments – how lockdown has changed priorities for insurers and policyholders alike

Digital technology has become critical to provide core claims services during lockdown. Verisk is at the forefront in this field with a full range of claims solutions.

13/08/2020 - 5 min read

COVID-19 pandemic accelerates digital transformation of London Market

Despite the challenges of the pandemic, it has also kickstarted operational and societal changes that have showcased that Lloyd's can adapt to a more digital environment.

10/08/2020 - 3 min read

Why Lloyd’s underwriters need to consider casualty disaster scenarios

How Lloyd’s syndicates can identify and measure aggregations of insurance risk.

20/07/2020 - 4 min read

COVID-19 and FCA signposting delay give travel insurers time to reflect on cover

As the FCA signposting rules encourage insurers to direct potential business elsewhere, insurers may need to re-evaluate their cover.

26/05/2020 - 5 min read

ADAS could improve road safety, but creates challenges for UK and Ireland insurers

ADAS features are becoming increasingly common in cars in the UK and Ireland, however insurers face challenges in obtaining accurate and meaningful data.

20/05/2020 - 5 min read

Agile Technology Is Key to Countering the £1 Billion-Plus Annual Cost of Insurance Fraud

Even though more than half a million cases of insurance fraud were detected in the UK in 2018, no one expects fraudulent activity to slow down.

18/05/2020 - 4 min read

Storms Ciara, Dennis, and Jorge reinforce need for robust models

With storms Ciara, Dennis, and Jorge all contributing to the wettest February on record, it’s a sensible time for insurers to test whether their perils models are fit for purpose.

22/04/2020 - 5 min read

To build or not to build: Getting portal claims solutions right in the wake of whiplash reform

Crucial questions remain over whether insurers have the in-house capacity and expertise to develop truly fit-for-purpose solutions, or if they should opt for an industry partner to deploy an off-the shelf solution.

01/04/2020 - 7 min read

Five ways UK property underwriters can suffer from premium leakage

Premium leakage remains a big challenge among UK property underwriters. This article highlights five common ways underwriters might suffer from inaccurate rates, higher loss ratios or unexpected costs from claims due to missing or misstated underwriting information.

30/03/2020 - 4 min read

COVID-19 outbreak: Remote technologies ensure “business as usual” for claims adjusters

While the world faces logistical challenges from COVID-19, insurance claims will continue, and weather-related catastrophes will not abate due to the spread of COVID-19.

26/03/2020 - 6 min read

Modeling Fundamentals: Loss Modification in Touchstone

Touchstone^® provides you with an option to modify ground-up losses based on a set of filter criteria, such as event, geography, exposure characteristics, and more.

10/02/2020 - 4 min read

How to optimise insurance claims and improve your customer’s experience

Customer expectations are continually evolving, no more so than in the world of insurance. Customers are increasingly digital-first and choosing services based on convenience. They’re seeking easier methods to both purchase an insurance policy and make a claim when they experience a loss.

Geodemographic segmentation in insurance paves way for better customer engagement

Three ways motor insurers can squeeze more value from vehicle data

Next Generation Modeling: Loss Accumulation

From real-time fraud detection to remote claim assessments – how lockdown has changed priorities for insurers and policyholders alike

COVID-19 pandemic accelerates digital transformation of London Market

Why Lloyd’s underwriters need to consider casualty disaster scenarios

COVID-19 and FCA signposting delay give travel insurers time to reflect on cover

ADAS could improve road safety, but creates challenges for UK and Ireland insurers

Agile Technology Is Key to Countering the £1 Billion-Plus Annual Cost of Insurance Fraud

Storms Ciara, Dennis, and Jorge reinforce need for robust models

To build or not to build: Getting portal claims solutions right in the wake of whiplash reform

Five ways UK property underwriters can suffer from premium leakage

COVID-19 outbreak: Remote technologies ensure “business as usual” for claims adjusters

Modeling Fundamentals: Loss Modification in Touchstone

How to optimise insurance claims and improve your customer’s experience