Archives

Archive by Catherine Stagg-Macey

Most cultures reward and encourage success. Growing up, we learn quickly to highlight our brilliance and down play our mistakes. The corporate world we operate in only reinforces that. Do you remember how many times you had to fall off your bike before you could ride it successfully? You had to fail before you got […]

Jan 28th, 2013 | Filed under Innovation, Insurance, Strategy

At Celent, we have the opportunity to sit through several dozen demos a year of core systems. And in most demos, I find myself having sympathy for the ultimate end-user. The first thing that pops into my head is not how powerful the system is (and they often are), but how grateful I am not […]

Dec 12th, 2012 | Filed under Insurance, IT, Market Trends, Strategy

Over one hundred years ago, Jung predicted man’s struggle with his humanity in the face of industrialisation. He wrote quite eloquently about the rise of depression resulting from us struggling to redefining our self-worth having lost our sense of purpose to the rise of the machines. A century later, we face another wave of technological […]

Apr 30th, 2012 | Filed under Insurance

Once again, Celent has teamed up with the Insurance Times for the 2012 Technology in Insurance Awards. These awards are the only dedicated insurance technology awards in the United Kingdom for general insurance. Last year’s awards were a huge success in recognising some terrific successes in our industry. We had 140 people attend a cocktail […]

Apr 12th, 2012 | Filed under Insurance, IT, Market Trends

Growing up, I was fascinated with the TV shows of Star Trek and BattleShip Gallatica. The combination of strange looking aliens, interesting planets, and tele-transportation had me captured. It is perhaps not surprising that I ended up in the field of Computer Science. And so my inner geek was intrigued at the news in the […]

Feb 23rd, 2012 | Filed under Insurance

This week, Celent hosted a London event on the UK regulatory topic of Retail Distribution Review (RDR) that will impact the entire life insurance industry. As Jamie Macgregor, pointed out, there are a little over 50 planning weeks until the deadline for implementation. Matt Browne from the FSA covered key points and intentions of the […]

Nov 17th, 2011 | Filed under Insurance, Regulation, Strategy, Vendors

In the usually quiet English summer, the country has been hit by a series of riots in several major cities. Whilst politicians and social commentators offer up the analysis of how it all happened, and homeowners and small business clean up the chaos, insurers are counting the costs. There are estimates of £200 million in […]

Aug 25th, 2011 | Filed under Insurance, IT, Market Trends

The European Insurance team has been working hard over the Spring and Summer to produce one of our key reports Policy Administration Systems for General Insurers in Europe 2011. It’s a topic of great interest to insurers wanting to replace their core underwriting system, and vendors wanting to have a view of the competitive landscape. […]

Jul 21st, 2011 | Filed under Insurance, IT, Outsourcing, Regulation, Strategy, Vendors

The use of telematics devices in insurance have been around for several years, with companies like Aviva (UK) and Progressive (US) taking on the pioneer role in early 2000s. But there have been many dissenters. One large insurer told me that they didn’t see the point in telematics offerings and it would cannibalise their current […]

May 17th, 2011 | Filed under Insurance, Market Trends, Strategy

For the Celent insurance team, May appears to be all about events. We will be hosting the “Celent Insurance in France: The CIO Perspective and Adoption of Social Media by French Insurers” in Paris on the 19th May. We have an exciting line up of hearing views on the value of Social networks for insurance […]

Apr 11th, 2011 | Filed under Insurance