The Covid-19 pandemic has had a significant impact on insurable employee benefits in terms of raising its profile within companies, and has highlighted the advantages of taking a global underwriting approach to employee benefits.
Our October article, The email challenge: easing the pain with artificial intelligence, highlighted a new AI project designed to automatically read and process unstructured emails and attachments in order to cut out manual time-consuming work. The aim is to use AI technology and natural language processing to extract information from unstructured formats and bring it into a structured form, so…
Insurers have an important role to play in sustainability, not only in terms of their own businesses and employees, but also in supporting their customers as they transition to a more sustainable future. Insurers are looking at how they are exposed to transition risk, but it is also important to talk about transition opportunities, where insurers help support their customers…
Zurich Insurance Group is to acquire two digital health and wellbeing service providers, based in Australia and South Africa.
Artificial intelligence (AI) and machine-learning are talked about a lot in the media and in business in terms of their potential and benefits. But for many people, there is a certain hesitancy about AI, and an element of the unknown. Will it really do what it is promising? Will it take away jobs? Who takes accountability? And there is often…
Zurich Insurance Group has created a new global business platforms unit focusing on digital services, together with announcing key regional leadership appointments and new executive committee members. According to Zurich, it is “ramping up the transformation of its global business to meet the rapidly changing needs of consumers, launching a new unit to expand digital services worldwide and create a…
There is much debate around the topic of non-admitted insurance when it comes to global insurance programmes, but ultimately if sustainable solutions are to be provided, then it is necessary to understand and respect the regulations in the context in which companies buy insurance.
A new health and wellbeing business has been launched by Zurich Insurance Group to apply a global approach to the development of its health and wellbeing initiatives in markets around the world. The new WellCare business is designed to accelerate the group’s existing initiatives in global markets. According to Zurich, the new business aims to provide retail, SME and commercial…
For multinational programmes, the need for global coverage combined with local policies and servicing is a constant thread, and nowhere is this more true than with cyber insurance. Cyber risks always have a global and a local dimension at the same time, hence the need for insurance to provide global coverage that can respond locally.