Category: News

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The WHY – Global climate change is happening, why does it matter to the insurance industry?

Everyone has heard of global climate change, but did you know quite how much it is affecting the insurance industry ? Have a read and be inspired by part 1: the why, in this series of articles on all things insurance+planet. First up, learn about 3 powerful reasons why it is in the insurance industry’s best interest to play a positive part in the war on climate change ! Stay tuned for the next article: the how, on what practical, tangible changes you can make to your insurance company…

The first in a series of articles on the impact climate change is having on the insurance industry and the impact the insurance industry can have on climate change. First up, why…

Thanos may be old news, but climate change is the new villain on the horizon and we no longer have Iron Man to help us, or do we? Insurance Companies have the power to fight back, so it’s time to step up and be the technology-driven hero that our planet and our economy needs.

You may not be familiar with the world of Marvel, but I can guarantee you have heard of a very real and intense problem: Natural disasters. Catastrophes such as hurricanes and floods are becoming an increasingly regular and devastating occurrence, affecting the lives of millions and costing economies hugely.

Continue reading “The WHY – Global climate change is happening, why does it matter to the insurance industry?”
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The ‘truth’ about the ‘gold standard’ of unstructured data and AI

Underwriters understand the value of data, but perhaps not the ‘gold standard’ that is unstructured data. Especially when dealing with SMEs, it saves money, reduces loss ratios and makes underwriting departments more efficient – I wanted to find out more.

Getting a true handle on the risk of small- and medium-sized enterprises can be tough for underwriters and brokers. The manual effort can be inefficiently high, and the pricing hit and miss given the limited amount of information available to work with, and with no way of easily and reliably validating that data.

Those are some of the complaints I hear when I speak to senior brokers and underwriters everywhere, struggling to make decent profits in what is a highly competitive market. And this is becoming even more challenging with the growth of e-trading with more business moving online.

But imagine having thousands of pieces of data at your disposal which is also accurate, timely, complete and auditable – and which then also seamlessly combines to offer a better rating of a risk. What if your underwriting decision-making could deftly take into account information you never previously imagined having access to?

Continue reading “The ‘truth’ about the ‘gold standard’ of unstructured data and AI”
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r10 Consulting

r10’s Advisory services are expanding to provide a holistic approach to our clients and make strategy happen through people. In the following weeks, we will introduce our Senior Advisory Partners starting with David Clamp. His extensive experience in the insurance industry ranges from digital and IT strategies design, solutions negotiation and selection, stakeholder management, implementation of complex change programmes and ongoing operations. Find more about David and r10’s wider Advisory capabilities. https://lnkd.in/dMds2Y

“Can’t wait to join this great team and help as many people as we can to develop their businesses – bring on 2019 !”

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Whale of a Time Corporate Raffle

Merlin Digital Consulting Ltd are supporting this wonderful, epic adventure helping Lauren and Jemma to make the start line and row across the Atlantic for their 3 chosen charities; FareShare, CRUK and The Mintridge Foundation.

Here is a link to a selection of images

The boat race started on the December 12th.

Lauren and Jemma – “Thank you again SO much for your support, it really is hugely appreciated! We look forward to sharing and completing our journey with you :)”

#AtlanticSupport – A huge thank you to David Clamp at Merlin Digital Consulting and InsurTech Gateway, who have both lent their support to our marketing manager Lauren in her attempt to row across the Atlantic next month. Lauren and a friend will be rowing 3000 miles in aid of 3 charities!

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Wow ! not how…

Last December, David Clamp and his 18-year-old son were shopping for Christmas trees. Deep in the festive season, it was a perfect father-son moment and David decided to show the teenager the safe way to strap a Christmas tree onto his car roof.

“One day,” he said. “You’ll have your own car and you’ll need to do this.”

The young man in the back seat looked bemused.   Continue reading “Wow ! not how…”

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GDPR compliance

GDPR compliance. Honoured to have lead this very successful collaboration between Sapiens and its P & C customers from across Europe – Some great quotes from Hiscox and Integra “A true example of partnering for success”.
Merlin DC worked with Sapiens and their global clients over a 2 year period to get the Sapiens IDIT platform ready for GDPR.  Here’s a short article which describes the very collaborative and successful journey. Contact me for more details of this proven collaboration model.