'Insurers must introduce the very latest technologies into their business to continue improving how they understand and measure risk,' says IBM vice president for insurance
US tech firm IBM has become the largest firm member of the Association of British Insurers (ABI). According to Angela Magee, IBM's vice president for insurance, the cloud, security and blockchain, as well as artificial intelligence and digital engagement, are all areas that she expects IBM to work on in collaboration with the ABI and the wider industry. She wrote in a blog post: ‘The insurance industry in the UK is facing a rapidly changing landscape with new value chains, greater need for customer engagement, scrutiny from regulators and a need to transform cost models, said Angela M...
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