Written by Insurance Age
Here at Altus we have researched digital offerings from the leading general insurers and the results are disappointing if not altogether unsurprising. Insurers' primary digital focus is on attracting new business with over 85% of the leading insurance companies enabling their customers (or prospects) to purchase their insurance via a website.
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.