Market modernisation
News, insight and comment on how the re/insurance market is changing for the future.
New York releases final AI guidance for insurers
Supervisors expect carriers to prevent discrimination and establish AI management structures
Blueprint Two phase one cutover 'not before 2025'
Year-end reporting and the January 1 renewals mean a cutover to the new digital platform cannot take place before February 2025, LMA chief executive, Sheila Cameron, says
Blueprint Two phase one postponed amid testing delays
Velonetic says testing is running around eight weeks late but has not put a timeline on a new cutover date
InsurX appoints Watson as chairman
Canopius founder joins digital risk exchange
Whitespace set to roll out workflow automation
Electronic trading platform’s first workflow automation solution launches in the second half of this year
Tide will underpin the future of DDM as an elective model in the London market and beyond
Following the announcement of an elective model for Delegated Data Manager, Tide will play a vital role as the engine of this proven bordereaux solution. Charles Taylor’s SaaS platform will continue to streamline transactions and provide the power and continuity for delegated data business
Acord expands standards to include facultative insurance
Version 1.3 supports the electronic placement of all reinsurance contract types, the standard-setting body said
Amwins launches multi-line quoting platform
The platform will combine the convenience of online quoting with the Amwins’ scale and capabilities, the wholesale broker says
Blueprint Two phase one cutover delayed until October
Lloyd’s Market Association welcomes decision, which will give market participants more time for testing
Indian insurance regulator passes reforms
Regulator lays groundwork for digital insurance market
Innovation must focus on products not tech: Horton
Emphasis must remain on the fundamentals including efficient policy issuance and claims processing, QBE's chief executive Andrew Horton says
Viewpoint: How underwriting workbenches are driving growth
Traditional approaches to underwriting have long been plagued by inefficiencies, costing insurers billions in lost premiums and stifling growth opportunities
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