Many insurance organisations struggle to implement digital transformation on a tight budget. Ian Chisholm, a partner with Frazer Walker, a Sydney-based management and technology consultancy, says digital transformation needs a well-considered business model, the right skill sets and capabilities … [Read more...] about Tips for insurers managing digital transformation on a budget
Smart devices ‘transform insurance’
From smart home devices and connected vehicles to wearable health-monitoring devices, the internet of things (IoT) is transforming insurance. Prateek Vijayvergia, Senior Vice President, Technology Services, with the global insurance-focused consulting and insurtech company Xceedance, says IoT … [Read more...] about Smart devices ‘transform insurance’
Senior Xceedance technology VP relocates to Sydney – Insurance News
ESG requirements revolutionise insurance buying
The commitment to environmental, social and corporate governance (ESG) frameworks is changing how insurance is sold. An insurance buyer, an insurer, a reinsurer and a broker will explore the commercial reality of ESG in a panel session at the AIDA XVI World Insurance Congress Australia (WICA … [Read more...] about ESG requirements revolutionise insurance buying
Unpredictable weather pushes insureds to parametric products
Australia’s unpredictable weather patterns are prompting insureds to turn to parametric insurance, says Ben Qin, Head of North Asia & Australia with Descartes Underwriting. He says the repeated floods and massive rainstorms that have plagued much of the nation for three years are now likely … [Read more...] about Unpredictable weather pushes insureds to parametric products