Singapore’s digital transformation is driven by the country’s vital need to create not only fast but sustainable growth. The government is supporting the innovative ambition of the industry so they...
ERGO Germany partners with AI-powered InsurTech FRISS to improve claims process
ERGO Germany, a division of reinsurer Munich Re, has announced the partnership and the successful implementation of the FRISS solution, to fasten ERGO’s claims management process and optimise their...
Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday, will be sufficient for tomorrow.
The future of the insurance sector is not guaranteed. New technologies are transforming the sector as we know it, and as much as these new technologies may threaten what we already know, it will al...
EC News Asia Edition (24 April 2019)
Round-up of the latest news and developments from the Asian insurance market with stories from Sompo International, Munich Re, Allianz and more.
Sompo International names new CEO of European Uni...
Aon uncovers historical data insights from artificial intelligence
Global (re)insurance broker Aon has partnered with Groundspeed artificial intelligence (AI) to unlock invaluable insights, helping the business identify the underlying causes of claims.
With the...
Regulator in Singapore to promote adoption of AI & data analytics among FIs
The Monetary Authority of Singapore (MAS) has announced a series of measures to bolster cyber security as well as to support the adoption of Artificial Intelligence (AI) and data analytics among fi...
AI & machine learning bring benefits and risk to financial services: FSB
The Financial Stability Board (FSB) has highlighted the financial stability implications of the growing use of artificial intelligence (AI) and machine learning within the financial services, which...
XL Catlin partners with AI start-up Cytora
XL Catlin’s internal innovation team, Accelerate, has teamed up with Cytora, a UK-based Insurtech start-up that uses artificial intelligence (AI) and open source data to improve the way insurers qu...
