Blog: In search of the digital X-Factor
Dave Ovenden, of Willis Towers Watson, considers how the industry can ensure commercial cover isn't left behind amid the tech revolution.
Digital trading of personal lines insurance products is well established around the world. With cost and market pressures pushing commercial insurance down a similar path, brokers and underwriters will need to overcome the challenges associated with the complexity inherent in many commercial risks.
Insurers have been sharpening their digital teeth in personal lines markets in many countries for some time, aided by the relative homogeneity of products, particularly in the car and home markets
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
You may also like
More on Broker
Q&A: Christy Chisholm, group sales and marketing director at Clear Group
With 100 days in the role after joining Clear Group from Premium Credit, group sales and marketing director Christy Chisholm reflects on the initial challenges, successes and her work with the British Insurance Brokers’ Association promoting insurance as a career in Tower Hamlets schools.
People Moves: 10 – 14 March 2025
Follow the latest personnel moves in insurance.
Ardonagh Advisory opens 2025 M&A account with Anderson & Co
Ardonagh Advisory has snapped up Blackpool-based Anderson & Co (Insurance Brokers), kicking off its buying for 2025.
Private equity firm takes minority stake in Seventeen Group
European mid-market private equity firm IK Partners has signed up to take a minority stake in Seventeen Group, marking its entry into the UK insurance market.
Hundreds of millions at stake as “wave of broker claims” predicted after Hastings tribunal win
Experts have predicted a “wave of broker claims” against HMRC potentially worth hundreds of millions of pounds following a recent decision at a First tier Tax Tribunal.
Most read
- Direct Line shareholders sign off on Aviva takeover
- PIB CEO hails ‘milestone’ as it buys MGA
- Two fraudsters ordered to pay back £376,000 after ghost broking scam