We sat down with our new Managing Director (and up until now bean counter-in-chief) Ismail for a serious chat about the state of world affairs.
Insurance is transactional. It’s a grudge purchase with plenty of pain points. As an industry, we have become much better at customer service. But deep customer relationships or client-centricity is a stretch. And now the industry is on edge. Downward pressure on premiums worldwide. Fragmentation of products and channels. Tech designed to eliminate – yes, […]
A top-line view of the new draft legislation. CoFI is the Conduct of Financial Institutions Bill. Public comment on the Bill closed in April 2019 and it is expected to be legislated later this year. We asked Adél Walker, Head of Legal and Claims at Compass Insure to give us a brief heads-up on the […]
…to bring you a message from our data-Stig. He says: “My mission in this series is to help you – the insurers, underwriting management agencies and intermediaries, understand how to benefit from the data wave. It is a happening-right-now, competitive advantage for insurance. And the people closest to the policyholder are those that have the […]
We’ve recently acquired our version of The Stig at Compass Insure. A secretive, if personable, figure brought in to help us navigate the matrix of data science. Compass Insure This is a field that has shaken insurance models globally and we are told, will continue to impact our business in myriad ways. Yet for many […]
This time around, we explore the collaborative relationship between traditional insurers and Insuretechs in a Q&A with MD of Compass Insure, Paul Carragher. As an insurer that has played in the InsureTech space for a few years now, we wondered what his view was of the recent CapGemini article (referenced below) which highlights collaboration between […]