Will personal insurance be strangled by red tape


Industries that rely on crunching numbers have benefited greatly from the rapid advances in technology over the last few decades. The capability of modern computers to handle vast data-sets has particularly helped the insurance industry, allowing far more accurate predictions of risk based on much bigger data samples than was ever regarded as realistic before.

Actuarial Post Awards 2017 - Vote Now

We are delighted to announce that the voting for the 2017 Actuarial Post Awards are now open. Following last year’s hugely successful awards, where we saw more of you voting than ever before, we are very excited to bring you this year’s awards. We would also like to welcome this year’s sponsors Aon's Remetrica Team and Bolton Associates. Voting is now open for the short-listed nominees.

Matching data to move motor insurance risk scoring up a gear

It’s human nature to want to feel valued for your custom. From a business perspective, we know it is far more cost-effective to retain an existing customer than to recruit a new one. Outside of insurance, we’ve all become used to loyalty schemes, customer service initiatives and incentives in a bid to keep us coming back for more. But general insurance in the UK has been sliding towards more of a commodity business, highly dis-intermediated by price comparison websites, with a very high rate of churn.

Leveraging GDPR to strengthen customer relationships

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This Summer, London Market headhunter, Constance Longden of Bolton Associates, is heading off around the world of re/insurance - and is taking the Actuarial Post with her!

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