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Kevin Baughan, Deputy Chief Executive Innovate UK
9 March 2018News

Automation versus augmentation-and why insurers must prepare for a new model

The insurance industry must ready itself for the arrival of very different technology combinations which rewrite the rulebook if it is to truly grasp the potential of the changes the world, and the industry, face as a result of innovation and breakthroughs in technology.

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6 March 2018   Automation has arrived in the insurance market and will revolutionize many roles, especially that of the underwriter. But companies must develop a long-term strategy designed to embrace automation rather than just seek short-term wins.