Britain’s banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on Wednesday. Financial firms have been using Big …
Football or soccer players who tend to head the ball a lot may be more likely to have balance problems than players who do not head the ball as often. “Soccer headers are repetitive subconcussive head impacts that may be …
International insurer RSA has appointed Chris Riley as senior executive officer for RSA’s operation in the Dubai International Financial Centre (DIFC). Riley has held this position on an interim basis since May and was previously RSA’s marine hub leader, DIFC …
Lloyd’s, the specialist insurance and reinsurance market, has launched a digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters. Lloyd’s Bridge is an online platform that matches insurance …
Facebook Inc. could be fined a symbolic 500,000 pounds ($664,000) by the U.K.’s privacy regulator after the social network giant failed to prevent key user data falling into the hands of a political consultancy that helped get President Donald Trump …
Willis Towers Watson has launched an updated version of its Radar software, which harnesses the latest technology to improve commercial lines’ pricing and underwriting. The enhanced features of Radar 4.1 include: Further integration of Radar Live, Willis Towers Watson’s point-of-sale …
Blockchain technology is moving out of the lab and into the insurance business. It’s moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. It’s been a slow and evolutionary process—one that ultimately …
Fineqia International Inc., a Vancouver-based technology company, announced it is taking an equity allocation in Black Insurance, a blockchain insurance startup. Terms of the investment were not disclosed, but Fineqia said its investment represents less than 1 percent of its …
Amazon.com Inc. has global aspirations for its medical-supplies marketplace, according to a job listing posted on its website, highlighting the e-commerce giant’s sweeping ambitions to disrupt health care by selling products to hospitals, doctors and dentists and offering prescription drugs. …
People who text while driving are six times more likely to be involved in a car crash while those who talk on a mobile device while driving increase their crash risk more than two times. Yet many drivers are still …
