Latest Intelligence on General Insurance, Property and Casualty in Middle East and Africa

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Type Product title / description Pub Price
CommentWire
CommentWire

Axa: insuring against humanitarian disaster

The UN World Food Program has given the first contract for insurance covering humanitarian emergencies to Axa's reinsurance arm, Axa Re. The scheme is the first of its kind, and has the potential to provide a vital addition to the armory in the fight against the impact of natural disasters in the developing world, although whether many other reinsurers will follow Axa's lead is doubtful.

Published By Datamonitor
23 Mar 2006
Expert View
Expert View

Clear the skies for drone insurance

Major shifts in the insurance industry are often driven by technological innovations, from aggregator sites to the widening use of telematics. While the more scientifically advanced developments may be years away, insurers would do well to prepare.

Published By Datamonitor
05 Sep 2014
CommentWire
CommentWire

CRM: insurers can propel technology's growth by focusing on customer

Heightened competition, along with more informed and demanding consumers, is causing insurers worldwide to rethink their customer relationship management strategy. In order to remain competitive and maintain profitability, life and non-life insurers must expand beyond their core competency of risk management and focus on customer management.

Published By Datamonitor
17 Apr 2008
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Expert View

edge IPK and Earnix: seeking to help US carriers improve the customer relationship

Having established themselves in the European market, edge IPK and Earnix are expanding into the US property and casualty market. Both vendors have compelling offerings that should succeed in the US market, however, new regulations in the US insurance market and cost restrictions brought on by the current economic climate will not make it easy for either company.

Published By Datamonitor
10 Jul 2009
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Expert View

Green IT initiatives are not insurers' top priority

The insurance industry, perhaps more than any other sector, has the most to lose - and gain - from global climate change. In spite of this, a recent Datamonitor survey has found that few insurers operate their IT departments with the environment in mind. This does not mean, however, that insurers are not actively and positively affecting today's most challenging environmental issues.

Published By Datamonitor
11 Jul 2008
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Low cargo rates continue to cause a headache for marine insurers

The international index on the cost of shipping, the Baltic Dry Index, has been at historic lows for the past quarter, and is putting a strain on the profits of vessel owners and cargo insures alike.

Published By Datamonitor
10 Apr 2012
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Expert View

Small brokers lead the way in using mobile technology

Small brokers are increasingly using smartphones and tablet computers in their day-to-day business. The use of these devices for e-trading on the move provides a number of opportunities for improving both efficiency and customer service offered to businesses wanting face-to-face contact.

Published By Datamonitor
10 Jan 2013
CommentWire
CommentWire

Standard Chartered: sets it sights on specialty clients

Standard Chartered has launched two client initiatives to tap into the wealthy Australian expatriate market in Europe and to target sports professionals. These customers represent very attractive markets for private banks to capture, but providers will need to clearly understand their unique needs in order to succeed.

Published By Datamonitor
17 Jul 2009
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Expert View

The Red Queen dilemma: can the insurance industry resolve it?

Following the financial crisis, the landscape of the insurance industry has changed. Due to the Red Queen dilemma, players are going to have to adapt quickly to the changing market, but some have not even yet realized that this is necessary. Research by Ovum reveals that insurers' awareness of the dilemma and ability to deal with it vary by geographic location.

Published By Datamonitor
18 Aug 2010

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