There is a drive for efficiency in insurance markets, accompanied and enabled by changes in the way that data is captured, processed, stored and shared. Our recent survey of industry experts expects transformation to occur in 3-5 years but the…
TECHNGI Knowledge Space Research was recently featured in Willis Research Network's Annual Review*. The report covers serveral research themes from leading global research institutions and universities, on themes such as weather (and climate), food, earth, people and technology. The Annual…
TECHNGI responded to the Department for Digital, Culture, Media & Sport (DCM)’s consultation on the UK National Data Strategy (NDS) on 9 December, 2020. The consultation on the framework National Data Strategy (NDS) ran from 9 September 2020 to 9…
Start-ups are often theorized as important players in the innovation ecosystem around FinTech and InsurTech. However, not all start-ups and economic ecosystems are equal in that regard. This white paper is a quantitative assessment of start-ups data to map the…
The European approach for Artificial Intelligence (AI) aims to promote Europe’s innovation capacity in AI while supporting the development and uptake of ethical and trustworthy AI across the European Union (EU). According to this approach, AI should work for people…
On 26th Noveber 2019, the TECHNGI group held their first conference, in partnership with Willis Towers Watson. We introduced a mix of top university researchers and industry practitioners participating as both presenters and panellists to enhance their depth of knowledge…
Alistair Milne, in a recent article in The Conversation, recommends an insurance based allocation of relief to protect businesses, non-profits and the self-employed from the impact of the current pandemic. He has a supporting technical analysis on SSRN, which examines…
This paper ‘Automated Regulatory Compliance in Insurance’, reviews the application of technology to support automated regulatory compliance (RegTech) in banking and capital markets and explores the opportunities for similar application of RegTech in insurance. It compiles our key insights and…
In the past year, Elon Musk and Tesla have fascinated the world with new innovations like the Tesla Cybertruck. There is excitement about most new Tesla products, but one hugely important one has been largely overlooked. With far less fanfare and…
This article uses insights from knowledge management to describe and contrast two approaches to the application of artificial intelligence and data technologies in insurance operations. The first focuses on the automation of existing processes using robotic processing intervention (RPA). Knowledge…