TechDay UK - The United Kingdom's technology news network

Insurance stories

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Thales survey reveals declining trust in digital services
Last week
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data protection
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digital transformation
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biometrics
Thales' 2025 Digital Trust Index reveals plummeting consumer trust in digital services, with 82% abandoning brands due to data privacy fears.
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Generative AI boosts customer service, says Capgemini study
This month
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cx
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martech
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genai
A new Capgemini study reveals customer satisfaction in the UK is low, with just 45% satisfied, despite the potential of generative AI to improve service quality.
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Insurers focus on AI & growth amid sluggish progress
This month
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cx
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martech
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ai
Research by Forrester reveals that insurers are focusing on driving growth and improving customer experience through AI investment and system modernisation by 2025.
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Infosys highlights AI's growing impact on global industries
This month
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uc
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digital transformation
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ai
A new survey by Infosys Knowledge Institute reveals a significant shift towards scaled AI deployment across industries, driven by reduced costs and improved success rates.
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WTW launches AI tool to enhance insurer performance
This month
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data analytics
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data science
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risk & compliance
WTW has launched Radar Vision, an AI-driven monitoring tool for insurers, aimed at enhancing business performance and growth in the insurance sector.
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Organisations question CISO liability policy effectiveness
This month
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financial systems
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risk & compliance
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cybersecurity
A Fastly study reveals 93% of organisations have updated policies to protect CISOs from personal liability, though effectiveness remains unclear.
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IWD 2025: Beyond the Policy: The Human Impact of Insurance in Women's Lives
This month
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insurance
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leadership
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iwd
On International Women's Day 2025, the insurance sector is urged to prioritise empathy over policy, focusing on the real human impact on women and caregivers.
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QBE Asia appoints Ronak Shah as CEO of Wholesale Markets
Last month
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physical security
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cleantech
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insurance
QBE Asia has appointed Ronak Shah as Chief Executive Officer of Wholesale Markets Asia, effective 1 March 2025, to strengthen its reinsurance operations across the region.
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Celonis launches new apps to optimise industry processes
Last month
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cleantech
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software development
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sustainability
Celonis has launched four new Process Intelligence Apps in collaboration with partners, aimed at optimising industrial processes and reducing claims leakage.
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Insurance executives see opportunity in $1.8 trillion gap
Last month
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ai
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cybersecurity
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cleantech
A recent survey reveals that 79% of insurance executives feel a moral duty to address the USD $1.8 trillion global protection gap, viewing it as a key business opportunity.
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Data analysts see AI as career growth, not a threat
Last month
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edutech
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genai
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ai
Research from Alteryx reveals that while 94% of data analysts see their roles becoming more strategic, 76% still rely on spreadsheets for data tasks.
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Regit & DBS Data unite to transform automotive marketing
Last month
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cartech
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data privacy
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insurance
Regit and DBS Data have joined forces to revolutionise automotive marketing, leveraging extensive vehicle insights to deliver personalised campaigns and support EV adoption.
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DAS unveils new tool for real-time bushfire tracking
Last month
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dr
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cleantech
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cloud services
DAS has launched a tool for near real-time bushfire monitoring, helping organisations quickly identify affected customers and properties during disasters.
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UpCover raises $19 million to disrupt insurance market
Last month
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digital transformation
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cx
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martech
UpCover has raised $19 million to expand its digital commercial insurance brokerage, aiming to disrupt Australia's $20 billion market.
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UK faces critical AI skills gap as firms struggle to adapt
Last month
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digital transformation
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genai
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ai
A recent study by Gigged.AI reveals a critical AI skills gap in the UK, warning that government policies hinder recruitment essential for future growth.
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Ásgeir Óskarsson appointed as BSV Association chief
Last month
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edutech
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devops
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blockchain
The BSV Association has appointed Ásgeir Óskarsson as its new Managing Director, bringing over ten years of expertise in finance, insurance, and blockchain.
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Businesses urged to prioritise AI data security measures
Fri, 31st Jan 2025
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it training
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physical security
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breach prevention
CMTG has advised Australian businesses to assess privacy and data risks before integrating AI tools like Microsoft Copilot, as data protection becomes essential.
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Cyber threats surging for finance & insurance sectors
Fri, 31st Jan 2025
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malware
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ransomware
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phishing
ReliaQuest's latest report reveals a staggering 32% rise in ransomware cases targeting finance and insurance firms, with attackers moving significantly faster in 2024.
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KnowBe4 report links cyber insurance to security needs
Thu, 23rd Jan 2025
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edutech
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phishing
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advanced persistent threat protection
KnowBe4 research reveals the average cost of a data breach rose to USD $4.88 million, underscoring the urgent need for enhanced cybersecurity strategies.
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Qlik named 2024 Customers' Choice for analytics platform
Wed, 15th Jan 2025
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data analytics
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cx
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martech
Qlik has been named a 2024 Gartner Peer Insights Customers' Choice for Analytics and Business Intelligence Platforms, highlighting its strong user satisfaction.