We research and write a broad range of relevant whitepapers and articles to grow knowledge and insight across our networks and followers. As a team, we aim to help you stay informed and up-to-date on the latest news and trends in your industry.
Today, Amazon announced the launch of the Amazon Insurance Store—a new, simple, and convenient way for UK customers to shop for home insurance.
The store offers an improved shopping experience for home insurance with like-for-like quote comparisons that customers can trust, a streamlined and simple quote questionnaire, and a checkout experience integrated with amazon.co.uk.
The Amazon Insurance Store will start rolling out to select customers today. It will be available to all UK customers on amazon.co.uk/insurance and the Amazon UK mobile app by the end of the year.
The internet has undergone a significant shift in recent years. We are moving from an era of centralised information to a decentralised one, where power is distributed rather than held by one or two large corporations.
This shift is driven by the rise of blockchain technology, which enables transactions to be verified and recorded on a decentralised ledger.
Banking services are also changing as we move into this new era of Web3. In the past, banks have been the intermediaries in financial transactions, verifying and recording them on their centralised ledgers.
However, with the rise of blockchain technology, there is now a way to do this in a decentralised manner. This shift could have significant implications for the banking industry, as it will no longer be necessary to use banks as intermediaries in financial transactions.
Cryptocurrency is a hot topic right now. While some people
are advocates for it, others are wary of its potential impact on the
environment and how it will be regulated in the future. This article
will examine both sides of the argument and explore whether
cryptocurrency is good for the environment and society.
Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrencies are decentralized, which means they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
Quickly improve currency management costs.
Read our detailed summary report to rapidly improve your currency management, avoid price-walked margins, and stop loyalty penalties.
James Yerkess, former Global Head of Retail Banking and Wealth Management FX at HSBC and Lorentz Corneliussen, Senior Advisor at Bankbrokers have written a detailed summary paper based on their industry knowledge and expertise.
Industry specialists outline far-reaching General Pricing Practices implications for legacy and modern legacy platforms.
Learn how new consumer protections around price-walking will accelerate a shift in proposition and product design. In particular, moving from product push to customer-centric, outcome-driven solutions.
Experts highlight significant commercial opportunities and platform considerations. These will enable forward-thinking insurers to innovate in fast, agile, and straightforward ways. Plus, how quickly scaling up and down will enable firms to stay ahead of the competitive curve.
Last year Sheffield Haworth published its first annual Insurance Outlook which explored key trends in the insurance market and their impact on organisations’ talent needs.
The Insurance Outlook 2022 aims to give you the insights you need to help you attract and retain the right senior level talent to drive your business strategy this year, as we continue to see the power shift from organisations to people and the competition to attract new talent grows fiercer.
Over the last two years, disruption and change have dominated our industry. This year we analysed the data around 4.6 million insurance professionals globally to identify how the industry is responding and what we can expect to see over the next 12 months.
The upcoming transition away from Libor (London Interbank Offered Rate) and other IBORs (Interbank Offered Rates) is one of the most significant changes within financial markets for more than forty years – Are you ready for the LIBOR transition?
Libor was conceived to be straightforward to use and therefore utilised across various financial products and instruments. However, following Libor manipulation and a significant decline in the number of transactions being reported due to many banks moving away from funding their activities via the interbank market, the transition to Alternative Reference Rates (ARRs) is firmly underway.
Firms can take steps to prepare for these changes. In our whitepaper (downloadable for free below) are five structured steps in a checklist format that businesses can take to ensure they are well prepared for the changes.
This is not the time to conform or adhere. It is the time to be brave, to be bold… to be daring.
From embracing creativity and agility to building inclusive and diverse cultures. From designing customer-centric products to becoming truly digitally enabled. The insurance industry needs to stop and reconsider what we do, why we do it, how we do it, and most importantly whom we do it for.
This year our industry needs to transform in a way it never has before. We need to be courageous. To feel uncomfortable. To feel uncertain about exactly how we get to where we want to be. That is the way truly great things happen.
The Metaverse, I’ve heard of that. So, what the heck is it? I often get asked this question.
Working with firms building or entering the sector has helped me start to find answers. Also, see some of the major pitfalls ahead.
This article is the first in a series exploring Metaverse opportunities, challenges and how to successfully navigate them.
In our first article on Buy Now Pay Later, Neil Fillbrook FCII discussed six simple steps for firms to gain greater certainty when choosing their BNPL.
In our second article on BNPL, Andrew Greenhalgh discussed a further six steps to mitigate the risks of the new BNPL market.
We’ve therefore already addressed the following key factors when considering BNPL:
The current uncertain economic landscape means every business needs to be mindful of expenditure. Dedicating time to reevaluating payment providers to save money is essential.
The changing business environment means many e-commerce companies are looking at potential changes to payment providers. An influx of new payment solutions and a shift in the approach to business models means significant money can be saved in merchant services.
With inflation, the war in Ukraine, the recent U-Turns surrounding UK policies and rising interest rates in the news, it’s no surprise there is much economic uncertainty at present.
At times of economic stress, it’s more important than ever to go above and beyond with all your business relationships to ensure you have the support and information you need. This is increasingly going to be the case when you have a borrowing relationship with a Bank or other financier.
Experienced professionals who have run businesses, products, and functions in the UK and Internationally. Sectors include global banking,
general insurance, consumer finance, cross-border payments, ATMs and banknotes.
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