Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth in 2016, according to a report published by KPMG. In the coming year, most insurtech investments likely will focus on …
The U.K.’s vote to leave the European Union has left more than three-quarters of chief executive officers saying they would consider moving their headquarters or operations outside Britain, according to a survey of 100 business leaders by the accountancy firm …
Even though venture capital investments in venture capital-backed financial technology (fintech) companies fell more than 50 percent globally during the second quarter of 2016, interest in insurance technology startups (insurtech) continues to pick up steam, a new report reveals. According …
As internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition from car manufacturers. Insurers have struggled for years to make a profit from motor insurance due to intense competition and …
Torrential rain and gale force winds battered northern Britain on Wednesday, cutting power to thousands of homes and forcing some to evacuate flooded streets in the third major storm in a month. The Environment Agency said Britain had faced an …
Insurers are facing some of the costliest British floods on record as large parts of northern England, already inundated, brace for more heavy rain. Accountants estimate that insurers are currently facing a bill of up to 1.5 billion pounds ($2.22 …
While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a KPMG International report released this week. Based on a survey of 280 …
The threat of cyber attacks must be taken more seriously by corporate boards at Britain’s largest companies, according to a survey by KPMG LLP today. Less than 40 percent of board members in the FTSE 350 Index companies said they …
Consulting firm KPMG and the Center for Automotive Research in Michigan released a report this month about how close the industry is to rolling out self-driving cars. They see the first such vehicles hitting showrooms in 2019, with a more …
An unofficial panel of experts cleared global accounting groups KPMG and Ernst & Young of any responsibility for a $1.7 billion accounting fraud at Japan’s Olympus Corp, though the role of the firms remained under official review. The scandal, one …
