E&Y News
EY: Policyholder Trust Important for Navigating Industry Changes
The insurance industry is facing multiple disrupting factors, such as technological advancements, new competition, inflation, and regulatory scrutiny, and a key component in navigating all of this ...
COVID-19 Changed Consumer Priorities, and Insurers Stand to Gain: EY Survey
Consumer priorities have changed in a major way because of COVID-19, and insurers stand to benefit if they adapt and respond in kind, according to the latest EY Global Insurance Consumer Survey. "By ...
To Build a Blockchain, Keep Expectations Measured and ‘Park Your Ego’ at the Door
Insurers hesitating about blockchain investments should definitely get into the game, but keep their expectations reasonable and measured, according to a recent panel of experts who spoke at the ...
Insurers Should Plow Ahead With Brexit Plans, Despite UK Govt. Instability
Brexit controversies risked breaking British Prime Minister Theresa May's government in recent days. But the uncertainty won't, and shouldn't stop carriers from pursuing their post-Brexit plans to ...
Marine Insurance Blockchain Makes Its Debut
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
AIG Shifts Some Employees to EY in Managed Tax Services Collaboration Deal
American International Group and Ernst & Young will collaborate on managed tax services and technology in a new five-year agreement that also involves a transfer of some employees to EY. Their ...
Digital Transformation in Underwriting: What It Means and How to Get There
Every part of the insurance industry is talking about digital transformation. Underwriting, the traditional heart of the insurance enterprise, is no exception. Because this idea is discussed so ...
Advancing a Digital Agenda: Policy Administration Transformation Is Step 1 for Carriers
Most carriers are looking at investment in a policy administration transformation as the first step in advancing their digital agenda. As shown in earlier parts of this article, fewer survey ...