2017 - the year automation takes a quantum leap

January 03, 2017 Norman Carroll

Pensions insurance blockchain

2017 - THE YEAR AUTOMATION TAKES A QUANTUM LEAP When I wrote my New Year’s Blog in 2016, I said that the pace of technological, regulatory and political change would increase throughout 2016, promising a year of exciting challenges and opportunities for all of us in the life and pensions sector.  Little did I know what a massive understatement I was making!
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Working in Life & Pension, what you should consider for 2017

December 21, 2016 Sharon Cronin

Life & Pensions

As the year comes to an end, we all sit down to think about what is ahead for our industry, the Life & Pension market, for 2017? How can you prepare for it… James Tuff from EY feels that regulatory reform will be a big part of 2017 for the Life & Pensions industry along with robotics, Brexit & gamification.  You can access his view by clicking here and read our own views below:
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New Insurance Administration System – three things to consider

December 19, 2016 IanDornan

Life and pensions software insurance industry software solutions

Speaking to Exaxe’s Head of Operations, Ian Dornan, we asked him why companies might fail when implementing or upgrading their insurance administration software. Ian has identified three key areas of the implementation stage that insurance companies and underwriters need to consider in your IT project planning:
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2020, Generation Rent and Life and Pension Software

December 16, 2016 Tom Murray

cloud based software insurance industry

As Tom knows more than most, the Life and Pension industry needs to change, not only with the introduction of new technologies but to account for changes in society. Tom addresses some of these changes in his latest article for Actuarial Post - “L&P needs to support Generation Rent”; you can read the full piece here.
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Lloyd’s of London loss means a push for insurance software

December 14, 2016 Tom Murray

software provider SaaS insurance

Lloyd’s of London has come out this week saying that they lost money in 2016, which will drive the 90 in the insurance market to be more selective in the risks they take for 2017 and forcing Lloyd's to cut its current subscription rates.
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Insurance software market is growing and it will be big

December 12, 2016 Sharon Cronin

SaaS insurance

A recent report from market research company IBIS has projected that the insurance software and insurance administration solutions sector is to exceed $8 billion this year.
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Life & Pensions sector needs to embrace Robots

November 10, 2016 Tom Murray

automation robo-advice financial advice

Actuarial Post: Life and Pensions sector needs to embrace Robots This article was originally commissioned for the November 2016 edition of the Actuarial Post. There has been a huge increase in the personal use of technology from just a decade ago, driven by the miniturisation of powerful ICT components, which has made it possible for people to carry personal systems with computing power vastly beyond that which was employed in the moon-landing programme. This has transformed the day-to-day life of consumers and, inevitably, altered their perception of what service levels are acceptable from companies.
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INVESTMENT LIFE & PENSIONS MONEYFACTS: Cushioning the blow

October 27, 2016 Tom Murray

protection policy Income Protection Autoenrolment

This article was originally commissioned and published in the  October 2016 edition of the Investment Life & Pensions Moneyfacts publication.  Tom Murray suggests that the Government should move away from using investments as a policy tool and compel people to protect themselves financially instead.   INVESTMENT LIFE & PENSIONS MONEYFACTS: CUSHIONING THE BLOW Succeeding Governments have concerned themselves with the financial insecurity of those on the bottom rungs of society. The plight of those whose earnings don’t allow them to amass a significant financial cushion to cope with unexpected events has struck a chord with ministers from all parties, who have tried to come up with solutions that will support people at times of great financial stress. The motive is admirable. Let’s help the ordinary worker build a stockpile of savings to be able to cope with life’s ups and downs. However, the focus always seems to be on pushing savings for a rainy day, which ignores the basic problem that for the majority of basic rate taxpayers, it takes far too long to amass sufficient savings to provide any level of security.
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Nostalgia ain't what it used to be!

September 28, 2016 Tom Murray

UK advice gap insurance industry Retail Distribution Review (RDR) FCA

Nostalgia ain't what it used to be! Nostalgia is back in vogue, with a general trend to hearken back to a golden era, when the EEC was a far-off organisation and America was great. As part of this trend, the FCA have decided to chip in with their latest wheeze to sort out the lack of advice available for the smaller investor.  
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Exaxe shortlisted for the DC Technology Provider of the Year award

September 21, 2016 Sharon Cronin

Technology Provider of the Year pensions technology provider of the year Press releases Exaxe technology provider of the year Exaxe News

Exaxe shortlisted for the DC Technology Provider of the Year award Exaxe has been shortlisted for the DC Technology Provider of the Year award at the 2016 DC Awards, organised by Pensions Insight, which is due to take place in London on October 26th.
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