Xceedance’s Rebecca Oliver says Lloyd’s will need some oversight of insurers’ technology transformation programmes

In an Insurance Day article on the Blueprint Two initiative, Xceedance Technology Managing Director Rebecca says Lloyd’s of London will need some oversight of the technology transformation operations of market participants. Rebecca states it is unlikely Lloyd’s will need detailed oversight of the plans, but she adds: “Lloyd’s will, undoubtedly, was reassurance from its participants…

Michael Parcelli of Xceedance says technology can help carriers to insure the uninsurable

Writing in Insurance Day, Michael Parcelli of Xceedance argues that insurers can leverage technology to help insure the uninsurable. Michael states that insurers traditionally assess tangible, static risks such as vehicles and real estate, but some exposures such as cyber and the COVID-19 pandemic are “often impossible to predict, and therefore, extremely difficult t underwrite”.…

The rise of the other C-suites

In this new virtual environment, something strange is happening. Rein4ce Director Sarah Hills is seeing an interesting new trend – the rise of the second in command. It’s a funny old world. We’re all finding new ways to work, communicate and run our schedules. Personally, I’ve had my own challenges – getting COVID-19, balancing work…

Machine Cover’s I-J Gujrat on the need for parametric pandemic insurance products

I-J Gujrat, Chief Executive Officer of Machine Cover , tells Leader’s Edge magazine why the COVID-19 pandemic has highlighted the benefits of using parametric insurance products. I-J said that recent disputes about non-payment of business interruption insurance arising from the pandemic could have been avoided if insurers used parametric triggers. He said current insurance products “essentially…

Sara Ager of GreenKite Associates says the pandemic is creating opportunities for innovation and insurtech investment

Sara Ager, Chief Executive Officer of GreenKite Associates, argues that the Covid-19 pandemic is creating opportunities for carriers to innovate and invest in insurtech. In an interview for Intelligent Insurer’s Monte Carlo Today, she states: “We are definitely finding our clients are more willing to invest management time and resources; they are spending more time…