Robot

How Will Robo-advice Impact UK’s Financial Industry?

What is robo-advice? Famous examples of robo-advice from the movies include C3PO telling Han Solo that flying into an asteroid field is a bad idea, and Arnold Schwarzenegger’s Terminator advising Sarah Connor to “Come with me if you want to live”. But can robots give advice that isn’t blatantly obvious; advice pertaining to complex matters[…]

information

What Happens When Clients Go Against Your Advice?

As an advisor, you see it as your job to protect your clients from the consequences of bad decision-making. In other words, you’re protecting them from themselves. However, there are times when advisors also need protection. For example, when clients go against the advice of insurance brokers, brokers are obligated to carry out the transactions,[…]

Innovation

Innovation Strategy is the Future of the Insurance Industry

London ranks second after New York when it comes to innovation and entrepreneurship, according to a report from City Initiatives for Technology, Innovation and Entrepreneurship (CITIE). The report rated cities according to how effective their governments are at supporting innovation through infrastructure and leadership. The question is: Is the insurance industry, traditionally considered a conservative[…]