ACCPRO’s Post

Useful tips for Insurtech Australia members thinking of applying

Excited to be at NAMIC with my colleagues and discussing the key market trends that are reshaping insurance business and technology foundation, requiring a next-gen solution that isn't just SaaS, in the cloud and has APIs ... but one that is truly intelligent with access to ALL your data in real-time and embedded analytics including BI, AI/ML models and GenAI. These are not "bolt on" capabilities, but foundational in doing business. This is a gamechanging approach that will drive true business optimization and efficiencies like we have never seen in decades. With the rising cost of insurance due to increasing risks and claims costs, we must find ways to drive down operational costs and unit costs so we can drive down the price of insurance to ensure we close the protection gap, rather than increasing it.

👋 Ashleigh Gwilliam, Director of Insurance Industry Growth at FullCircl talks about #WhatsNext for insurance in an age of regulatory and market change ahead of the annual BIBA conference. "As the market softens and multipliers remain high, brokers focus is likely going to be on organic growth over M&A, meaning clients will be under attack and client servicing will be paramount. But the increasing costs of regulation is going to be a key consideration for 2024. Come and see us on stand D59 to see how we can help with all three." BIBA | #BIBA2024 | #BIBAconference

The entire insurance industry will be affected by the implementation of Vision 2030 which sets ambitious targets for the development of the financial sector under the Financial Sector Development Programme involving regulatory reform, digitalisation, expansion of compulsory insurance and the creation of new opportunities for insurers.

Educational and Institutional Insurance Administrators (EIIA) kicks off #EIIA2024! Before welcoming our attendees, the EIIA team gathered to reflect on what drives us every day: our commitment to partnering, preparing, and protecting our Members. Together, we strive to empower educational institutions with the support and solutions they need to thrive. Here’s to an engaging and impactful meeting ahead! #insurance #PartneringPreparingProtecting #Teamwork #HigherEducation Dave Dietz

We’re Live at ITC in Booth #2856. Come by the booth to see how we are bridging the gap between technology and commercial insurance, get a free trial of our LLM and AI-powered capabilities, and discover what you can do with embedded insurance.   If you’re seeing this before 11:10am, make sure to also head over to innovation alley to see a live demo from our CEO & Co-Founder, Hamesh Chawla. #EmbeddedInsurance #ITCvegas #ITC #Underwriting #InsuranceInnovation

Transform the complexity of insurance claims into a seamless experience with Ciranta. Our intuitive platform simplifies the filing process, making it accessible and efficient for both insurers and policyholders. Experience the ease of streamlined claims, enhanced accuracy, and expedited resolutions. With Ciranta, claim filing is no longer a burden, but a breeze. Discover how we're redefining insurance management. Click here to get in tocuh with our experts: www.cirantait.com #Ciranta #InsuranceClaims #SimplifiedProcess #InnovationInInsurance #Claimsfiling #InsuranceProcess #LowCode #EZOFIS Ciranta IT Services (Formerly, Aspirant Labs)

Have you got what it takes to impress Debora Dalleva and the rest of our judging panel? If your multinational team have been doing some great work and you'd like to celebrate them then a great way to do so is enter the #AxcoAwards. There are a number of categories available and entry is quite straightforward. So if you want to be in with a chance of celebrating on the night, don't delay though as the deadline is November 15th! Check out the categories and start the entry process here: https://bit.ly/3ZGJqJ7 #MultinationalInsurance #GlobalInsurance #AxcoAwards #TokioMarine

AM Best revises outlook to ‘negative’ for CSAA Insurance Group’s members. The revision of the outlook to ‘negative’ is driven by the group’s reduction in capital level https://lnkd.in/e-ATpSVp #captive #captiveinsurance

AM Best revises outlook to ‘negative’ for CSAA Insurance Group’s members. The revision of the outlook to ‘negative’ is driven by the group’s reduction in capital level https://lnkd.in/eRW5jw-i #captive #captiveinsurance