Technology
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The platform hopes to confirm significant partnerships in the near future.
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The Blueprint Two build is due to be completed in January 2025.
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Insuring the transition is frequently touted as a major growth opportunity, but when it comes to renewable energy, complications abound. Natural catastrophe, evolving technology, and data scarcity all add to the complexity of underwriting in the class. GCube's Fraser McLachlan has been operating in the renewables sector over several market cycles, and gives his insight on the latest dynamics in the class.
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Market-wide testing is not expected to start until late Q4 this year or Q1 2025.
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The Cut-over Review Committee will review the readiness of the London market.
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Self-insurance has taken $25bn more premium out of the market than five years ago.
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AI was the hot topic throughout the InsurTech Insights event.
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Computable binding authority agreement set for April 2025 launch.
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As the interim CEO prepares to hand on the role, a major restructure is ahead.
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Any firms that struggle to communicate on the new platform will be charged “translation fees” in the long term.
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Delegates at our annual London Market Conference (LMC) described the market as “transforming” and “exciting”.
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