AI Shortens Hiscox Underwriting Journey from 3 days to 3 minutes & more…Keep up with what has been happening this week in our latest insurance news round-up…
Appian, PwC UK announce partnership for revamped insurance services
Appian and PwC UK have announced a new alliance aimed at improving processes within the insurance industry.
Professional Trustee appointments grow by 11% overall, with even higher growth in Sole Trusteeship
Growth in the number of Professional Trustee (PT) appointments has surged in the last 12 months, with many firms recruiting heavily to keep up with current demand and anticipated growth in the coming years, according to WTW’s 2024 Professional Trustee Survey.
AI Shortens Hiscox Underwriting Journey from 3 days to 3 minutes
Hiscox has managed to shorten its lead underwriting process for the London Market sabotage and terrorism book from three days to just three minutes through the incorporation of Generative Artificial Intelligence.
Vanessa Maxwell appointed Global Head of Cyber and Financial Lines at Allianz Commercial
Allianz Commercial confirms a key appointment to its global leadership team taking effect immediately. Vanessa Maxwell is appointed Global Head of Cyber, in addition to her current role as Global Head of Financial Lines, reporting to Shanil Williams, Chief Underwriting Officer at Allianz Commercial.
