SME group benefits are a blue ocean opportunity ripe for the taking says Jonathan Phillips protection lead, EIS

The move by the FCA to restrict sales of guaranteed asset protection insurance is a sign of a faster approach to market intervention.

’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics

At The Fintech Times we frequently encounter companies touting their latest products as ‘innovative’ that promise to ‘revolutionise’ the industry. While the allure of innovation is undeniable, the question arises: should organisations prioritise refining existing offerings through evolution before embarking on revolutionary ventures?

‘The great collision’ represented by AI is already underway, according to Rory Yates (pictured), global strategic lead at EIS, and he’s got some stark warnings for the insurance industry and how it’s currently utilising AI tools.

The protection industry is facing challenges, but it also has an opportunity to transform itself by putting customers first and leveraging technology to create value.

The rising cost of living is causing many UK consumers to cancel insurance policies, leading to a surge in uninsured drivers and putting pressure on insurers.

Amazon has announced the closure of its UK Insurance Store just 15 months after its launch, citing a strategic shift in focus and sharing valuable lessons learned from the venture.

In this article, we explore the often-overlooked social, data quality, fraud, and development implications of AI’s rapid rise in the fintech industry.

In this article, Mike Dwyer and Rory Yates explore how adaptability works (or doesn’t) in insurance today and the key technologies that’ll drive the insurers of the future.

The protection industry is facing challenges, but it also has an opportunity to transform itself by putting customers first and leveraging technology to create value.

The rising cost of living is causing many UK consumers to cancel insurance policies, leading to a surge in uninsured drivers and putting pressure on insurers.

Amazon has announced the closure of its UK Insurance Store just 15 months after its launch, citing a strategic shift in focus and sharing valuable lessons learned from the venture.

In this article, we explore the often-overlooked social, data quality, fraud, and development implications of AI’s rapid rise in the fintech industry.

In this article, Mike Dwyer and Rory Yates explore how adaptability works (or doesn’t) in insurance today and the key technologies that’ll drive the insurers of the future.

In this article, Fiona Nicolson examines the challenges and opportunities insurers face in creating a digital-first, real-time, personalized customer experience roadmap for the insurance industry.

Read about how critical illness (CI) cover has evolved over the years, and what changes may be in store for 2024 and beyond.

Learn how artificial intelligence (AI) is revolutionizing employee benefits and rewards, from personalized experiences to data-driven decision-making.

The insurance industry is undergoing a transformative shift as carrier technology redefines the roles of brokers, employers, and employees in employee benefits insurance.

Rory Yates, Global Strategic Lead, EIS, takes a look at price inflation, public perception of insurance brands and how technology can help the industry keep cover affordable.