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Earnix highlights the potential of synthetic data in specialty insurance

by AIP Online Bureau | May 23, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The increasing demand for data in specialty insurance has prompted underwriters and brokers to begin harnessing synthetic data to supplement existing datasets, improving risk assessment efficiency. This is because synthetic data offers solutions to several key...

DXC Technology, Lloyd’s and IUA extend contract to support transformation of London Insurance Market

by AIP Online Bureau | May 28, 2022 | International News, Non-Life, Reinsurance

“ With the Future at Lloyd’s transformation, we will transition to a single platform that will provide automated processing and accounting for the market, leading to a substantial reduction in operating costs, and providing customers with a much faster,...

UK regulatory shake-up could address lack of domestic commercial reinsurance -lobby group

by AIP Online Bureau | Jan 19, 2022 | International News, Non-Life, Regulation, Reinsurance

Britain’s upper chamber of parliament, the House of Lords, said late last week that its Industry and Regulators committee of lawmakers was launching an inquiry into the regulation of the London insurance market and how to improve the regulatory set-up for the...

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