Insurtech ‘is a long-term bet’

HARARE, The impact of insurtech on the reinsuran industry could be limited in the short term—but that does not mean that investments made now will not bear fruit in the future, Jean-Paul Conoscente, chief executive officer of P&C’s US operation and P&C’s reinsurance business unit, SCOR, told PCI Today.

He stressed that SCOR has been very active in the

Marsh confirms partnership with insurtech

HARARE, Brokerage titan Marsh has tapped a London-based insurtech to drive new insights and placement strategies for customers in the area of marine cover.

Announcing the multi-year deal, Concirrus said Marsh will be adopting the insurtech’s “Quest Marine” platform. Central to the partnership is behavioural data, which will also help in identifying

Opening insurance access

HARARE, Traditionally, insurance operates in a closed environment that does not facilitate or support the exchange of data. Agents must therefore find cumbersome manual workarounds to access important, contextualised customer information when needed. Yunus Scheepers, CTO at SilverBridge, believes this will result in systems built on open standards becoming more prevalent

Five major insurers partner with Broker Insights

Back in January we told you about Broker Insights’ promise to bridge the gap between insurance providers and the regional broker market though its unique data platform… now a handful of big names have come onboard.

Announcing the partnerships, the new UK insurtech shared how it is “championing” regional brokers by delivering the capability with

Call for improved IFRS 17 grows louder

HARARE, The London-headquartered International Accounting Standards Board (IASB) has an important call to answer – that from insurance associations who believe that the International Financial Reporting Standard 17 (IFRS 17) must not be implemented as planned.

Uniting to express their concerns, nine trade bodies wrote to IASB chair Hans Hoogervorst in

Four simple steps to explaining life insurance for inheritance tax planning 

The following is an opinion piece written by Gordon Kearney (pictured), managing director and finanial adviser at Fiducia Wealth. The views expressed within the article are not necessarily reflective of those of Insurance Business.

Life insurance has long been a popular choice among people looking to offset their inheritance

Digital transforming insurance

Digital transformation initiatives have become an important topic of discussion in boardrooms around the world. For insurers, embracing this shift can be especially beneficial as customers become more selective around product offerings and how technology is used to benefit them. Jonathan Jardim, senior software developer at SilverBridge Holdings, examines this.

“As