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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Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

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