Insurance and the Future a Journey to Innovation Ever After

There are growing pressures surrounding the insurance industry to innovate through greenfield opportunities - from prospecting and client lead generation to risk assessment, product matching, and even identifying entirely new verticals. Without a comprehensive strategy, the ability to win new business and retain loyal customers is severely diminished.

Dynamics of insurance customers ahead of new pricing rules

Following the publication of the Financial Conduct Authority (FCA) policy statement on general insurance pricing practices , it is clear that a deeper understanding of the customer will be critical in this new regulatory environment and will almost certainly demand a much more granular level of risk assessment as part of the renewal process.

I got 99 percentiles but my risk aint one

One challenge worth making is why the 95th percentile is so commonly used as the standard risk measure. For several assets, such as individual bonds, ILS and options, it arguably understates the risk that can lurk in the tail. So why not be more conservative and use, for instance, the 99th, or 99.5th, percentile as the main risk metric?

Webinar on TPRs equality diversity and inclusion strategy

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

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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