BIBA always presents the perfect opportunity to engage with the full spectrum of stakeholders from across the insurance industry, and find out exactly what is happening in the MI space. This year we conducted a survey of over 100 incumbents from brokers, underwriters, MGAs, InsurTech, insurers and reinsurers, and delved a little deeper into the MI behaviour of the sector to find out how the industry is adapting to such a significant digital transformation, as we enter
This year’s ‘Innovate, Evolve, Thrive’ theme at BIBA 2018, was definitely one of the most inspiring yet. With a heavy focus on advances in technology and data, and the implications for the insurance industry, here are some of my key highlights from our two days in Manchester… One of the most pertinent speeches of the 2018 BIBA conference was delivered by Chief Executive of the FCA, Andrew Bailey, who emphasised that Big Data was one of the FCA’s priority themes. Acknowledging the importance
2018 is already well underway, and for the Insurance industry this could prove to be one of their most exciting years yet. How so? Because of the InsurTech revolution… Until recently, insurance has been a virtual island in a sea of technological change. While innovators began disrupting banking and wealth management during the FinTech boom, which preceded the financial crash in 2008 — not to mention also completely transforming the music, travel, taxis and booking industries — insurance was happy to
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