We’re all familiar with social networking in some form; Twitter, Facebook, LinkedIn, Flickr, YouTube, etc. now play a large part in everyone’s lives. What you may not be as familiar with is the new breed of social sharing application; those that allow you to hitch a ride to work with a stranger instead of burning…
Like all businesses insurance brokerages need to become ever more efficient to stay competitive in the global economy. In this column we often look at big breakthroughs in technology to assist brokers in this task. This week, we’re going to take a look at a hatful of cheap applications for mobile that can help you…
Happy New Year to our readers. We wish you a happy and prosperous trip through 2014. With that in mind we’ve put together a list of technology trends that we think insurers and brokers should be keeping a close eye on as the year progresses. Insurance Gets into the Cloud The “cloud” is simply a…
One of the key challenges facing all businesses, including insurers, is ensuring that critical business information doesn’t disappear into a silo somewhere within the business. It’s a common occurrence where one team develops a new way of working but somehow that’s not communicated to other teams. The business benefits, which could have been dramatic, are…
We follow industry news closely here at Riskheads and when we heard that Insure the Box had picked up a best performer award for their telematics offering in 2013 we wanted to know what made them special. We’re pleased to report that they have developed a highly innovative product offering in the car insurance market…
Please Note: This article has been amended since the original publication date following clarification from SpatialKey. One big challenge facing insurers is how to accurately assess flood risk. Given that flood damage is usually substantial and costly; it’s vital for insurers to be able to develop premiums that reflect the genuine level of risk involved…
The world has changed dramatically over the last 50 years. Technology has driven consumer choice and changes in the way people buy products and interact with their vendors. Insurance brokers are being dragged into a digital age whether they like it or not. People want to be able to access their service providers from their…
The Two Key Drivers for Insurance Technology for the Coming Years Insurers may have been a little late getting on board with the opportunities offered by new technologies but there’s a sense of optimism in the air now. The standard drivers for technology adoption haven’t changed very much over the years: Reducing Risk – The…
