FRISS Joins Forces with Insurtech UK to Drive Innovation in Insurance
Modern Insurance Magazine
by Modern Insurance Magazine
22h ago
FRISS, a global leader in fraud detection and risk mitigation solutions for the insurance industry, is proud to announce its official membership with Insurtech UK, the leading association promoting digital innovation in the insurance sector.   This strategic partnership aligns FRISS’ mission to foster collaboration, innovation, and growth within the insurtech ecosystem. By joining this esteemed network, FRISS aims to contribute its expertise in fraud prevention and risk management to advance the digital transformation of the insurance industry. Melissa Collett, CEO of Insurtech UK, says ..read more
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Building Resilience to Flash Floods in Urban Areas
Modern Insurance Magazine
by Modern Insurance Magazine
22h ago
Storms Isha and Jocelyn grabbed the headlines last month, not long after the interim findings of The London Climate Resilience Review[i]. The jury seems to be out on whether the recent storm activity can be linked to climate change, but there is little doubt that we are experiencing heavier rains[ii] while 2023 was predicted to be the second warmest year on record in the UK[iii].   The independent review, commissioned by the Mayor of London, was designed to take stock of London’s preparations for climate change, and to make recommendations to advance London’s climate resilience. Of course ..read more
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SYNETIQ awarded Gold status by Carbon Literary Project
Modern Insurance Magazine
by Modern Insurance Magazine
6d ago
SYNETIQ, an IAA company, has been awarded Gold Carbon Literate Organisation (CLO) status from the Carbon Literacy Project.   Gold status recognises that more than 50% of SYNETIQ colleagues have completed industry-specific Carbon Literacy training and are certified as Carbon Literate, highlighting SYNETIQ’s ongoing commitment to creating lasting, positive environmental change. “We’re thrilled to have achieved Gold CLO status,” said Tom Rumboll, UK Managing Director for IAA and CEO of SYNETIQ. “Being awarded Gold status is a reflection of our commitment to cultivating a climate-conscious cu ..read more
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EDAM Group Commits to Ethical AI Practices by Joining Groundbreaking ‘Code of Conduct’ Initiative for Insurance Claims Management
Modern Insurance Magazine
by Modern Insurance Magazine
1w ago
The EDAM Group, a leading provider of unrivalled post-accident management services, proudly announces its decision to join the ‘Code of Conduct’ initiative for the development, implementation, and use of artificial intelligence (AI) in insurance claims.   This groundbreaking code of conduct, spearheaded by Eddie Longworth, Director of JEL Consulting, brings 127 experts together to establish and uphold the highest standards of behaviour and ethical responsibility in AI utilisation within the insurance industry. The Code will focus on 10 key issues facing the AI industry, namely: safety, se ..read more
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Insurance CX Awards 2024: Q&A with Dave Vella, Executive Director, GT Motive
Modern Insurance Magazine
by Modern Insurance Magazine
2w ago
Ahead of the Insurance CX Awards on Wednesday 7th February, we sat down with Dave Vella, Executive Director at GT Motive, to discuss company values, current projects, and the benefits of a singular web-based, cloud-based platform.   Q. Hello Dave, thanks so much for your time today! We’re delighted to have you on board as a sponsor for the ‘Retention and Loyalty’ category at the 2024 Insurance CX Awards! Why don’t we start by talking about GT Motive, the work you do and the projects you’re working on / the clients you’re working with at the moment? A. Thanks for having me! This year ..read more
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SYNETIQ & LKQ Euro Car Parts join forces to unveil exciting new team in the British Touring Cars Championship
Modern Insurance Magazine
by Modern Insurance Magazine
2w ago
SYNETIQ, an IAA company and the UK’s leading integrated vehicle salvage and recycling company is delighted to announce its new team within the British Touring Cars Championship.   The new team, named ‘LKQ Euro Car Parts with SYNETIQ,’ will be an exciting addition to the BTCC grid, fielding two cars alongside the existing Toyota Gazoo Racing UK effort under the Speedworks banner. This venture expands Speedworks’ presence in the series, running four Toyota Corollas throughout the season. The team’s driver lineup features seasoned BTCC contender Josh Cook, who brings a wealth of experience a ..read more
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Insurance CX Awards 2024: Q&A with LexisNexis Risk Solutions, Insurance
Modern Insurance Magazine
by Modern Insurance Magazine
2w ago
Ahead of the Insurance CX Awards 2024, we sat down with LexisNexis Risk Solutions, Insurance – valued sponsor of our ‘Service Provider of the Year’ Award. We asked how AI is affecting the insurance landscape in 2024, and what tech trends should we be looking out for, not to mention considering how LexisNexis optimises the customer experience as a central focus in their own products and service offerings…   Q. We’re delighted to have you on board as a sponsor for the ‘Service Provider of the Year’ category at the 2024 Insurance CX Awards! Why don’t we start by talking about LexisNexis Risk ..read more
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Insurance CX Awards 2024: Q&A with Daryn Robinson, Founder & CEO, AllThingsCX
Modern Insurance Magazine
by Modern Insurance Magazine
2w ago
Ahead of our Insurance CX Awards 2024, Modern Insurance Magazine caught up with Daryn Robinson, Founder & CEO at AllThingsCX, to catch up on new developments in the world of CX telephony since the last time we caught up back in April 2023.   Q. Hello, Daryn; it’s great to catch up! This is the second year in a row that you’ve been involved with Modern Insurance Magazine’s eclectic events calendar! What have you been up to since we last saw you?   A. Since our last encounter, I’ve been focused on exploring new avenues for enhancing customer experiences within the insurance industr ..read more
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40 Experts Call on Insurers to Embrace Once-in-a-Generation Opportunity to Transform – Or Risk Being Left Behind
Modern Insurance Magazine
by Modern Insurance Magazine
3w ago
Findings from a new global thought leadership report published today by the no-code digital insurance platform provider, INSTANDA – Re-imagining the Digital Insurance Landscape: 10 Years from Now – highlights a once-in-a-generation opportunity to transform the industry*. However, a new type of muscle is required to truly embrace what the Information Age has to offer, as experts warn many insurers risk being left behind.   Curated from a series of one-to-one interviews with 40 experts – including recognised global software vendors, insurance consultants, leading insurers, and members of th ..read more
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Cross-Market Claims Data Will Deliver A Single Version of the Truth for Precision Pricing
Modern Insurance Magazine
by Modern Insurance Magazine
3w ago
Rising claims costs in home and motor insurance, as well as the impact this is having on pricing, continues to put further pressure on the insurance market to gain a deeper understanding of risk at the point of quote. New contributory claims data offering a single version of truth for an individual’s claims history across home and motor, as well as the claims history for the asset (such as the home or vehicle) is set to take risk assessment to a whole new level in the personal lines market.   LexisNexis® Precision Claims will provide a cross market view of both motor and home claims at th ..read more
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