In December, Bank of England governor Mark Carney warned that half of the UK’s workforce could be replaced by robots or computers in the coming years. In the insurance industry, we’ve recently seen Aviva asking its staff if a robot could better perform their job in a bid to increase its competitiveness in our increasingly digital world.
This isn’t just an issue that impacts on large insurers. Specialist brokers and smaller MGAs often find themselves trapped in manual processes such as rekeying
- Three insurance firms on FSCS insolvency list
- Blanc expects Goldman Sachs to invest in Aston Lark for 'at least five years'
- Gibraltar insurer, Lamp, goes into liquidation amid insolvency
- Aston Lark confirms Goldman Sachs investment deal
- Aviva continues to top Brokerbility members survey
- Aspen Risk Management to be placed in runoff
- Investors value Ardonagh at £1.9bn