A strange question for an IT related blog piece? Bear with me. The answer to that questions is yes, a competent builder could probably design and build a simple dwelling, but could they build the Shard? Clearly not
CSRP is planned to go live with AON Benfield at the end of April on premiums only, with claims deferred to mid summer.
Talk of blockchain in insurance seems to be everywhere one looks, but the emphasis is on talk.
Policy, claims, and financial administration systems have not really changed since their inception. The technology has evolved and we are now in a world of modules rather than holistic integrated applications.
Delegated underwriting authority is a vital distribution channel for the market’s capital, especially Lloyd’s as it provides a way of allocating capital in a way that promotes both geographic and type and size of business written.