Al Borland

Last week Lloyd’s of London confirmed that the re-platforming element of its flagship Blueprint Two initiative - aiming to digitise the London Market - will not be delivered before 2028. In response, Guidewire Software London Market Director Jamie McDonnell said that the announcement has provided “certainty” to the sector: “Certainty that market-wide modernisation initiatives are, by their very nature, often hampered by their sheer complexity and the pace at which all participants are able to move. For genuine pioneers, simply waiting for these collective endeavours to take effect is no longer a viable strategy. Instead, this postponement should be regarded as a clear and powerful call to action for insurers to step up the pace of their own transformation journeys and take command of their future.” You can read more reaction from Jamie and other key industry figures in this Insurance Times article: https://lnkd.in/eEzbUWgF More information about Guidewire's platform for the London Market can be found here: https://lnkd.in/ehYv3jTT

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Allianz has launched its membership of the Hidden Disabilities Sunflower with a panel discussion with senior leaders, members of the Allianz Ability Network and Paul White, CEO of Hidden Disabilities Sunflower. The forum provided an opportunity to showcase the Sunflower as a tool for disability inclusion, which supports accessibility for customers and colleagues. Learn more about their launch here ➡️ https://bit.ly/3GSkLMx #DiversityAndInclusion #AllianzUK #HiddenDisabilities #BeSeenWithSunflower #Inclusivity alt: "We are so proud to be launching the Sunflower at Allianz. We are dedicated to ensuring that everyone, regardless of their visible or non-visible disabilities, feels supported and understood.” Serge Raffard, Allianz UK Managing Director, Personal Lines

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Sixfold has launched Research Agent, an AI tool that automates research tasks in insurance underwriting workflows. The system sources and synthesises risk intelligence from web and third-party data, cutting manual research time by two hours per submission. CEO Alex Schmelkin claims the technology enables insurers to answer 30% more critical questions during underwriting, reducing quoting times from days to hours whilst creating consistent audit documentation across teams. More in the comments below. #InsurTech #AIUnderwriting #InsuranceInnovation

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See how insurers are streamlining reserving with Unify. Move beyond spreadsheets with a more intuitive, integrated approach. Unify brings together SQL, ResQ, and Tableau to empower insurance teams—no deep technical expertise required. Learn how Unify can transform your reserving process: https://ow.ly/WcjA50WEF2v #Reserving #InsuranceTechnology #ClientTestimonial #WTWUnify #DataIntegration #UKInsurance

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Nathan Schwartz, Head of Analytics, Howden Re spoke with Intelligent Insurer to discuss the future of AI in reinsurance analytics.   “When PCs were sitting on everybody’s desk, nobody knew exactly how things would change, but we knew it would be dramatic. AI and machine learning are like that,” he says. “These tools are going to become like our mobiles today, which seem like an extension of ourselves. That’s how AI tools will become for insurance companies; an extension of everything they do.” Read more: https://lnkd.in/ep3yQArn #HowdenRe #Analytics #RVS2024 #IntelligentInsurer #AI #ArtificialIntelligence #Reinsurance 

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