What is Electronic Risk Placement? Is this idea from the London Market just a support mechanism or will it cause the demise of insurance market practitioners? “Although Electronic Risk Placement could potentially enable automation of smaller, simpler risks, declarations and less impactful endorsements, the larger, more complex risks will never lend themselves well to it,” writes Peter Smyth, vice president at Ebix Europe. https://bit.ly/4cG6kGi #InsuranceRisk #LondonMarket #insurtech
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Allianz Trade and BPL launched a collaboration using #API integration via Whitespace to streamline non-payment #insurance enquiries. This initiative enhances data accuracy, reduces errors, and saves time, allowing underwriters to focus on core tasks and improve client value. The solution promotes market growth and efficiency. #insurtech #apiintegration
Allianz Trade and BPL launch innovative API integration to streamline underwriter-broker data sharing
https://fintech.global
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Custom Cost-Effective Insurance Solutions 🔷 Captive Insurance Expertise 🔷 Self-Funding Strategies 🔷Alternative Risk Management Specialist
“Exploring the Digital Transformation in Insurance: A New Era for Risk Management” As someone deeply rooted in the world of risk advisory, I’ve witnessed firsthand the transformative impact of technology on the insurance sector. In recent years, the Captive insurance and P&C landscape have undergone significant changes, driven largely by digital innovation. From AI-driven risk assessments to blockchain-enhanced policy management, technology is not just reshaping how we manage risks but also redefining the nature of insurance products themselves. One of the key areas of transformation is data analytics. With more sophisticated tools at our disposal, we can now analyze risks more accurately, predict trends with greater precision, and tailor insurance solutions to fit the unique needs of each client. But what does this mean for businesses and policyholders? Firstly, a more personalized insurance experience. Secondly, increased efficiency in claims processing and risk management. And lastly, enhanced transparency and trust in insurer-client relationships. I’d love to hear your thoughts on this digital shift. How do you see technology changing the face of Captive insurance and P&C in the coming years? https://lnkd.in/gD-6be9y #InsuranceIndustry #RiskManagement #DigitalTransformation #CaptiveInsurance #PropertyAndCasualty
Five emerging tech-trends in the insurance industry
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The insurance market is evolving rapidly, and staying ahead of the curve is crucial. This feature by Risk & Insurance highlights PRMA’s mission to educate brokers as they navigate the market’s current challenges, the integration of emerging technologies, talent retention and more. Dan Reynolds Diane Delaney https://lnkd.in/eXgKsDyW #PRMA #RiskAndInsurance #JoinTheMovement
PRMA's Executive Director Diane Delaney Talks to Risk & Insurance About High-Net-Worth Risk Transfer
https://riskandinsurance.com
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Technology advances are opening up new opportunities for insurers to implement STP with minimal disruption to their existing processes, while speeding up triage and processing at first-notice-of-loss (FNOL). ➡ Read more about how Clearspeed's voice analytics risk assessment tech is supporting insurers at FNOL: https://lnkd.in/gPEcEy9h #insurance #FNOL #riskassessment #voiceanalytics
Improving Straight-Through Processing in Underwriting and Claims with Voice Analytics Technology | Clearspeed
https://www.clearspeed.com
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RELEASE: Introducing MiCAssure, a groundbreaking insurance solution designed for crypto-asset service providers operating within the EU. Designed to comply with the forthcoming Markets in Crypto-Assets Regulations, discover how MiCAssure provides comprehensive protection, guidance, and frameworks for users and institutions entering the digital assets space. #DigitalAssets #Digital #Crypto #Insurance #RiskManagement
Marsh creates unique insurance solution for crypto-asset service providers to comply with forthcoming EU regulation aimed at supporting market stability | Marsh
marsh.com
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RELEASE: Introducing MiCAssure, a groundbreaking insurance solution designed for crypto-asset service providers operating within the EU. Designed to comply with the forthcoming Markets in Crypto-Assets Regulations, discover how MiCAssure provides comprehensive protection, guidance, and frameworks for users and institutions entering the digital assets space. #DigitalAssets #Digital #Crypto #Insurance #RiskManagement
Marsh creates unique insurance solution for crypto-asset service providers to comply with forthcoming EU regulation aimed at supporting market stability | Marsh
marsh.com
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RELEASE: Introducing MiCAssure, a groundbreaking insurance solution designed for crypto-asset service providers operating within the EU. Designed to comply with the forthcoming Markets in Crypto-Assets Regulations, discover how MiCAssure provides comprehensive protection, guidance, and frameworks for users and institutions entering the digital assets space. #DigitalAssets #Digital #Crypto #Insurance #RiskManagement
Marsh creates unique insurance solution for crypto-asset service providers to comply with forthcoming EU regulation aimed at supporting market stability | Marsh
marsh.com
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The insurance industry faces an array of challenges in 2024 that demand innovative solutions and strategic adaptation. As insurers navigate this dynamic landscape, they encounter complexities from technology disruptions to evolving consumer expectations.
10 Pivotal Challenges Facing Insurers in 2024
insurancethoughtleadership.com
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Driving Success with Entrepreneurs with Key Marketing and Business Strategies
The insurance industry faces an array of challenges in 2024 that demand innovative solutions and strategic adaptation. As insurers navigate this dynamic landscape, they encounter complexities from technology disruptions to evolving consumer expectations.
10 Pivotal Challenges Facing Insurers in 2024
insurancethoughtleadership.com
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Account manager providing high quality, cost-effective services to commercial insurance companies. Background in advertising, marketing and communications, with deep creative, project and account management experience.
Navigating the compliance labyrinth: digital strategies for regulatory challenges in insurance https://lnkd.in/gJQCFxBu
Navigating the compliance labyrinth: digital strategies for regulatory challenges in insurance | EasySend
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