Revolutionising legacy insurance purchasing with automated data cleansing models in the due diligence process
In the ever-evolving landscape of insurance, the acquisition of legacy insurance portfolios presents both opportunities and challenges. One of the critical aspects of this process is due diligence – involving a thorough examination of the target portfolio’s data. Traditionally, this has been a labour-intensive task, but with the advent of automated data cleansing models, is […]
Mergers and Acquisitions in The London Insurance Market
Organisations continue to tread carefully in the resurgence back to market by all in the finance sector; in particular the Insurance & Reinsurance Market around EC3. Merger and acquisition’s have been prevalent in the insurance and reinsurance markets for many years, but now is the time when the value of due diligence prior to a […]
Disaster Recovery or Data Remediation?
Why compare Disaster Recovery and Data Remediation? Disaster Recovery and Data Remediation have similar acronyms with similar meanings and similar circumstances. Corrupt data can be as damaging to a company’s existence as an incident involving physical impact. Using risk assessment tools and relevant remedies for the two eventualities offers cross benefits when operating parallel routines. […]
Is your corrupt data contaminating your reinsurance programmes?
Managing IT systems and data migration With the recent ‘live’ market consolidations and within the ‘legacy’ environment, an appetite for portfolio purchasing on the increase. However, the provisions to manage the consequent IT system mergers and data migrations have come under increased scrutiny. These activities are forging ahead, due in part to the financial attraction […]