Latest opinions that Keith Stonell has shared on Finextra

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Keith Stonell

Managing Director, EMEA

Guidewire

Member since

19 Aug 2015

Location

London

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Keith's opinions

ICYMI - Cyber Insurance Stress Tests Look to Future

Tesco Bank’s £16m fine for its cyberbreach shows how the regulators are now truly baring their teeth on punishing cybersecurity failures. Financial and reputation damage from cyber attacks, therefore, are beginning to come with painful price tags (in fact the Tesco Bank fine could have been as high as £30m until the FCA was convinced the bank had ...

06 December 2018 /security Fintech

Amazon is going to eat your lunch! But Insurers can fight back

This summer’s silly season for news stories ended early for the insurance industry with new rumours of Amazon making plans to disrupt the sector. Well sourced reports in titles like Reuters and Insurance Times suggested insurers were being wooed to join an Amazon aggregator service, while Altus Consulting forecast how Amazon could shake up claim...

08 November 2018 Digital Insurance Trends

The challenge of pricing cyber risk - does it feel like nailing jelly to the wall?

According to the Allianz Risk Barometer 2018 business owners consider cyber incidents to be the second greatest threat to their organisations – rising from third place in last year’s survey. Cyber threats were second only to business interruption, with respondents citing a cyber incident as the most feared cause of business interruption. With 201...

01 August 2018 /security /regulation

Insurance drones, boots on the ground, and big data

Drones are often touted as being the answer to a great number of modern day challenges. Soon, we are told, they will be making shopping deliveries for us, dropping off pizzas, and even taxiing us around. A similar expectation about drone capability has been seen in the world of insurance. It was thought that insurers would have large drone divisi...

21 May 2018 Digital Insurance Trends

GDPR - and the importance of insurance customer trust.

GDPR implementation is now weeks away. The impact that GDPR will have on the insurance industry has been well documented. Indeed, I’ve previously commented on it here. Some of the concerns that have been voiced look well founded; for example, a stampede of consumers flexing their muscles on data privacy. Recent research suggests that two in five

09 May 2018 /regulation Data Protection Act Issues

Come the data revolution: predictive analytics and the future of insurance

Can predictive analytics forecast if predictive analytics will transform the insurance industry? If you were to ask someone ten years ago, you might have thought ‘yeah right.’ But in the last few years, insurers have been investing in data and analytics, and in technology and infrastructure. Their aim is to capture and store more data than ever be...

09 February 2018 /ai Digital Insurance Trends

2018: The Year Insurtech and Data Analytics Pay Their Way

As the new year gets into its stride, I can see the insurance industry heading in some exciting directions. The starting point is how the last twelve or more months have witnessed Insurtech and Data Analytics make big inroads. However, the year ahead will be about how those ideas and blueprints are turned into more concrete outcomes for insure

08 January 2018 /ai Fintech