International
How to find reliable data in the Lloyd’s Market
Reliable data is an indispensable resource for actuaries, whether they are novices or seasoned practitioners.
Targeted and systemic ransomware need to be differentiated for progress in cyber
While targeted ransomware usually only affects individual companies, certain events can be correlated in terms of when and how they experience loss.
Colonial Pipeline attack brings ransomware to the fore
The increasing scale and sophistication of ransomware attacks – as seen with Colonial Pipeline – has highlighted the importance of greater industry collaboration to…
The answer to enterprise-wide risk management
Evaluate enterprise-wide risk and gain insights into your global exposures with Enterprise Exposure Manager.
From the high street to the smartphone: How the insurance industry can keep pace with digital transformation and shifting customer demands
The insurance industry is transforming at breakneck speed, with new and evolving customer expectations requiring a fundamental shift towards greater agility and…
Lack of uniformity and collaboration in cyber insurance can hold back market
Inconsistencies and a lack of standardisation in how insureds, underwriters, and regulators approach cyber insurance are persistent challenges that can hinder the…
Pre-existing and linked conditions: How insurers can bring more clarity to the customer
Pet insurance customers are not always aware of the restrictions on their policies, and a lack of can often be the source of much contention during the claims process.
Beast from the East or just a cold spell? Insurers brace for freezing weather claims
As wintry weather sweeps across the UK, many insurers are cognisant that another potential 'Beast from the East' could lead to a surge in extreme cold weather claims.
Geodemographic segmentation in insurance paves way for better customer engagement
Geodemographic segmentation gains traction as a way for insurers to identify groups that share similar characteristics for market analysis and decision-making.
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.
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.
Why Lloyd’s underwriters need to consider casualty disaster scenarios
How Lloyd’s syndicates can identify and measure aggregations of insurance risk.
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.
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.
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 time for insurers to test whether their perils models are fit for purpose.