InsurTech Magazine July 2022 | Page 12

Which of these issues poses the biggest threat to insurers ?

THE BRIEF

“ THERE IS ALWAYS A BALANCE TO BE ACHIEVED BETWEEN AUTOMATION AND ENSURING THE HUMAN TOUCH IS NOT LOST ”
JEFFREY SKELTON MMD Europe , LexisNexis Risk Solutions �
READ MORE
“ MOST FLEET MANAGEMENT SOFTWARE HAS TECHNICAL DEBT CHALLENGES AND IS OFTEN DIFFICULT TO CHANGE OR INTEGRATE WITH OTHER PLATFORMS ”
BISWAJIT KUNDU ROY CEO , Coastr �
READ MORE
“ COMPANIES SHOULD BE STRIVING TO MOVE AS MUCH HIGH-VOLUME , LOWER-COMPLEXITY BUSINESS TO A DIGITAL SELF-SERVICE MODEL ”
PAUL RICHMOND Product Manager , Novidea �
READ MORE

BY THE NUMBERS

WE ASKED :

Which of these issues poses the biggest threat to insurers ?

37 %

Slow digitisation

33 %

Evolving consumer demands

24 %

Blindness to risk

6 %

Undersharing data
PAYPAL ANNOUNCES NEW COLLABORATION WITH AON PayPal has formed a strategic partnership with Aon that will see insurance services provided to customers directly through the fintech payments platform
APOLLO GROUP LAUNCHES EUROPE ’ S FIRST AUTONOMOUS VEHICLE COVER Apollo Group has launched Europe ’ s first zero-occupancy , on-road autonomous vehicle journey cover in partnership with Oxbotica , as it anticipates self-driving cars becoming more common
MARSH LAUNCHES GREEN ENERGY INITIATIVE FOR US & CANADA Marsh is heading up a new facility that provides dedicated insurance capacity for mid-scale solar and battery energy storage system ( BESS ) risks in the US and Canada
12 July 2022