Displaying "Governance and Compliance" articles (19)
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Europe’s Big Bang on Pricing
EIOPA recommended in March 2023 a ban on price walking – the practice of increasing premiums on renewals based on non-risk factors. European insurers will need best-in-class pricing systems that can adapt quickly to the volatile and unpredictable market that will follow.
Leveraging Technology to Fulfill Insurers’ Climate Change Commitments
Environmental, Social, and Governance (ESG) is a topic of intense global focus and discussion today among governments, corporations, non-profits, and concerned citizens and consumers. With their far-reaching scope and impact, ESG commitments can appear daunting, as in many ways they can be as broad and as deep as one cares to define them.
Understanding New Dynamics and New Opportunities in the Insurance Market
In this second video with Nick McCowan, Head of General Insurance, Post Office, he discusses his view of the future of the insurance market, especially how digital insurance can play a role and where he sees new opportunities.
Six Months In: Insights on the FCA’s New Price-Walking Regulations, and How They’ll Continue to Change Market Dynamics
In this first part of a two-video series, Nick McCowan, Head of General Insurance, Post Office, looks at how the entire industry has reacted in the first six months since the regulation went into effect. He provides valuable perspective on what the FCA regulation has already accomplished, how it has changed the market, and how consumers are gaining more value as a result.
Complete Automation Leads to Price Modelling Success for BGL Group
BGL Group is always looking for innovative, advanced solutions to deliver the best product offerings, service and value to its customers. To this end, BGL employed Earnix’s advanced pricing solution for meeting the needs of internal users and making the company more competitive.
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