IUA warns of technology challenge

Association highlights modernisation and Solvency II as key issues for London Market

The International Underwriting Association (IUA) has said that the two of the biggest challenges for 2010 – modernisation and Solvency II – will be "closely linked and interdependent".

Chief executive of the IUA, Dave Matcham. said the way companies implement technology changes will have a major impact on how they deal with both issues.

“On the face of it they are separate initiatives – one is regulatory, the other technology and process change,” he said.

“However, I believe that they are not

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