Three technological leaps that could destroy insurers

Technology in human and machine concept as advanced tech or robots taking over humanity and people merging with a cyborg or computers idea with 3D render elements.
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Artificial intelligence, genetic scissors, and brain-machine interface were identified by CFC as the top emerging technology trends insurers insurers need to prepare for if they want to be Netflix rather than Blockbuster.

Speaking at CFC’s UK’s 2023 Summit last week, George Beattie, CFC’s head of innovation, said the industry is going to see more change in the next 10 years than it has seen in the last 50 years.

Beattie

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.