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Newsroom
The latest news and developments at EIS.
Mind the Gap: What is Gap Insurance and How Does it Work?
In this latest Thought Leadership article, Rory Yates, Chief Strategy Officer at EIS, examines the Gap insurance quandary and explores how the FCA is attempting to level the playing field for customers.
Jonathan Phillips: Targeting the SME group opportunity
SME group benefits are a blue ocean opportunity ripe for the taking says Jonathan Phillips protection lead, EIS
FCA Begins Crackdown On Poor-Value Insurance Products
The move by the FCA to restrict sales of guaranteed asset protection insurance is a sign of a faster approach to market intervention.
TechTalk: AI code of conduct is a start – but ‘comprehensive governance structure’ still needed
’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics
Fintech Success: Is Innovation the Holy Grail or Evolution the Key?
At The Fintech Times we frequently encounter companies touting their latest products as ‘innovative’ that promise to ‘revolutionise’ the industry. While the allure of innovation is undeniable, the question arises: should organisations prioritise refining existing offerings through evolution before embarking on revolutionary ventures?
“I think the insurance industry is approaching AI with the wrong mindset”
‘The great collision’ represented by AI is already underway, according to Rory Yates (pictured), global strategic lead at EIS, and he’s got some stark warnings for the insurance industry and how it’s currently utilising AI tools.
The Why, What and Who of Protection: An Industry Ripe for Disruption
The protection industry is facing challenges, but it also has an opportunity to transform itself by putting customers first and leveraging technology to create value.
Can’t Pay, Won’t Pay: The Affordability Issue is Only Part of The Problem
The rising cost of living is causing many UK consumers to cancel insurance policies, leading to a surge in uninsured drivers and putting pressure on insurers.
Amazon to Close its UK Insurance Store After 15 Months of Operation
Amazon has announced the closure of its UK Insurance Store just 15 months after its launch, citing a strategic shift in focus and sharing valuable lessons learned from the venture.
What Do We Need to Know About AI That No-One is Talking About?
In this article, we explore the often-overlooked social, data quality, fraud, and development implications of AI’s rapid rise in the fintech industry.
Renaissance Life & Health Insurance Leverages EIS’ SaaS Platform to Drive Business Success
Renaissance Life & Health Insurance Company of America, a national dental, vision, life, and disability insurance provider, and EIS, an insurance core and digital platform leader, announced today that Renaissance has moved its core technology systems for group and...
Atlantic American Employee Benefits Selects EIS to Accelerate Group Voluntary Benefits Expansion
EIS, a core and digital platform provider for insurers, announced today that Atlantic American Employee Benefits, the voluntary division of Bankers Fidelity Life Insurance Company®, has selected EIS to launch a next-generation, digital-first platform that will allow...
EIS Appoints Dan Galdenzi To Lead Dedicated Healthcare Initiative
EIS, a core and digital platform provider for insurers, has announced the appointment of Dan Galdenzi to lead a dedicated initiative to drive the growth and expansion of its core EIS Suite™ to carriers in the health insurance space. As General Manager and Executive...
Wellfleet Breaks Barriers with Launch of “Lighthouse,” Leveraging the EIS Platform
Wellfleet, a Berkshire Hathaway company, recently launched “Lighthouse,” an innovative and proprietary platform designed to make quoting, implementing, and administering workplace benefits more accurate and efficient for brokers and clients. Built on EIS’ cutting-edge...
EIS partners with esure Group to expedite its digital transformation
EIS, a core and digital platform provider for insurers, today announced its newest customer as esure Group (“esure”), a market-leading provider of motor and home insurance. esure recognised EIS could help with its ambition to become a world-class digital insurer by...
EIS’ Coretech Solution Accelerates Digital Transformation for Life and Annuity Insurers
EIS, a digital platform provider for insurers, announced today the expansion of its core EIS Suite™ to carriers in the life and annuities markets. Cloud-native and customer-centered, the Suite allows insurers to innovate across all lines of business at scale, free...
EIS Ranked Among “Best-in-Class” Overall in U.S. P&C Core Systems Evaluation
EIS, a core and digital platform provider for insurers, was named among the “Best-in-Class” P&C Core Systems providers Overall and in Vendor Stability in Aite Group’s new report “Aite Matrix: 2020 U.S. P&C Core Systems Evaluation.” The report explores some of...
EIS Introduces Usage-Based Insurance Solution that Unifies Personal and Commercial Car Use for Continuous Coverage
EIS, a core and digital platform provider for insurers, today announced the introduction of EIS UBI™, a new Usage-Based Insurance software solution that makes it easy for insurers to price, underwrite, and service drivers based on how far, how well, when, and even why...
EIS Customer Compass Report Finds Less than Half of Consumers Trust Insurers to Respond to Their Basic Needs
EIS, a core and digital platform provider for insurers, today announced the findings of its first-ever Customer Compass Report. The report found that, despite the insurance sector investing nearly $28 billion on customer experience, less than half of global...
EIS Board Member Sharon Ludlow Receives Insurance Business Canada Lifetime Achievement Award
EIS is proud to congratulate Sharon Ludlow, a member of its Board of Directors, on being awarded the FIRST Insurance Funding of Canada 2020 Award for Lifetime Achievement. The award is given to a leading figure who has contributed to the advancement of the insurance...
Jonathan Phillips: Targeting the SME group opportunity
SME group benefits are a blue ocean opportunity ripe for the taking says Jonathan Phillips protection lead, EIS
FCA Begins Crackdown On Poor-Value Insurance Products
The move by the FCA to restrict sales of guaranteed asset protection insurance is a sign of a faster approach to market intervention.
TechTalk: AI code of conduct is a start – but ‘comprehensive governance structure’ still needed
’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics
Fintech Success: Is Innovation the Holy Grail or Evolution the Key?
At The Fintech Times we frequently encounter companies touting their latest products as ‘innovative’ that promise to ‘revolutionise’ the industry. While the allure of innovation is undeniable, the question arises: should organisations prioritise refining existing offerings through evolution before embarking on revolutionary ventures?
“I think the insurance industry is approaching AI with the wrong mindset”
‘The great collision’ represented by AI is already underway, according to Rory Yates (pictured), global strategic lead at EIS, and he’s got some stark warnings for the insurance industry and how it’s currently utilising AI tools.
The Why, What and Who of Protection: An Industry Ripe for Disruption
The protection industry is facing challenges, but it also has an opportunity to transform itself by putting customers first and leveraging technology to create value.
Can’t Pay, Won’t Pay: The Affordability Issue is Only Part of The Problem
The rising cost of living is causing many UK consumers to cancel insurance policies, leading to a surge in uninsured drivers and putting pressure on insurers.
Amazon to Close its UK Insurance Store After 15 Months of Operation
Amazon has announced the closure of its UK Insurance Store just 15 months after its launch, citing a strategic shift in focus and sharing valuable lessons learned from the venture.
What Do We Need to Know About AI That No-One is Talking About?
In this article, we explore the often-overlooked social, data quality, fraud, and development implications of AI’s rapid rise in the fintech industry.
Why Adaptability is Critical to Insurance Transformation
In this article, Mike Dwyer and Rory Yates explore how adaptability works (or doesn’t) in insurance today and the key technologies that’ll drive the insurers of the future.