The clock is ticking: Time to move on Data Protection

The clock is ticking. It’s been a long time coming, but the European Parliament’s passing of the EU General Data Protection Regulation finally gives insurers a deadline: 25 May 2018. From then, breaches of the new requirements will mean penalties up to four per cent of global turnover or €20 million – whichever is higher. That compares with a maximum of just £500,000 from the Information Commissioners Office in the UK today.

Anything you can do, AI can do better: Machine Learning

The insurance industry has long used data & analytics as part of their business models, going back centuries. However, Machine Learning or Artificial Intelligence (AI) represents a transformative sea change, with the power to redefine insurance.

How can you measure value for money in a pension?

It is perhaps inevitable that when assessing the value for money (VFM) of a pension scheme the focus to date has been very much on charges. They are (mostly) measureable and play nicely into the perennial press favourite of “rip-off” pensions. Within the industry we know there is more to it than that, but it has so far been impossible to agree which factors should be included in a common definition, let alone how they should be measured.

Caught on camera: your customers on connected insurance

Latest World News

Sun, 24 Jul 2016 Turkey ruling, opposition parties rally together after coup
Sun, 24 Jul 2016 Al Qaeda chief urges kidnappings of Westerners for prisoner swaps: SITE
Sun, 24 Jul 2016 Munich gunman planned attacks for a year: Bavarian officials
Sun, 24 Jul 2016 ASEAN deadlocked on South China Sea, Cambodia blocks statement
Sun, 24 Jul 2016 Syrian refugee in Germany arrested after killing woman in machete attack
Sun, 24 Jul 2016 Kerry's Syria plan with Russia faces deep skepticism in U.S., abroad
Sun, 24 Jul 2016 French minister rejects charges of changing report on Nice attack
Sun, 24 Jul 2016 Rocket attack in central Kabul, no casualties
Sun, 24 Jul 2016 Anger, mourning in Afghanistan after Kabul suicide attack
Sun, 24 Jul 2016 Sao Tome election goes to second round after court ruling

Lifestyle Actuary

The trappings of fast paced city lifestyles rarely take into account the charm and elegance that a room, a dinner or a cup of tea can afford; characteristics lost to a by-gone era of debutante balls and black tie for dinner.

The Luddite

Sam Richardson looks into the up and coming and the outgoing of the technology and gadgetry world in 2014.

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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