insurance

Caribbean-based insurance providers, Advantage, choose Graphite GTC platform for software improvement

The Graphite GTC platform serves business owners in risk management and financial planning and says its tools and technology enable the development of large-scale software projects and applications. Advantage said it will use the no-code development platform to build business processes related to insurance and data management. It said the GTC platform will develop more »

London Maintains Lead in Private Data Plumbing Ahead of Brexit

The U.K. capital currently has an installed bandwidth of 159 terabytes per second, a figure that exceeds any other European city and is greater than the capacities in either New York or Silicon Valley, according to a new report from Equinix Inc., a U.S. company specializing in data centers that host many of these private »

R3 and ACORD create centre of excellence

R3, a consortium of more than 80 financial firms and regulators that have pooled resources to develop Blockchain technology, has partnered with the Association for Cooperative Operations Research and Development (ACORD) to create a virtual centre of excellence for distributed ledger technology in the insurance sector. The R3 consortium counts a number of insurance companies »

Banks take a cautious step to crowd-sourced testing

Banks take a cautious step to crowd-sourced testing

In the race to speed up app delivery times, some retail banks and insurance companies are turning to crowd-sourced testing, which makes use of a geographically distributed network of freelancers to test customer-facing applications and websites. But while the crowd-sourced specialists report growing interest from the financial sector, there are understandable reservations about the privacy »

British Insurance Brokers’ Association announces creation of cyber committee

Steve White, the British Insurance Brokers’ Association chief executive, has announced the creation of a cyber committee to monitor developments in cybersecurity and provide advice to insurance brokers on possible risks. The committee will be made up of technical experts from member firms. Speaking at the association’s annual conference on April 7th, White cited an »