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Q&A with Steve Tunstall: Insurance Industry needs a Cloud-based Valuation Alternative
In this blog post, we sat down with Steve Tunstall [ST], Director of Tunstall Associates, to find out more about his background, thoughts on the insurance market, what he thinks of cloud-based analytics technology and the John Foord Analytics platform. [JF]: Can you tell us about your background in the insurance industry? [ST]: I started my…
Q&A with Michael Gallagher, Chairman, John Foord Analytics
In this blog post, we sat down with Michael Gallagher [MG], Chairman of John Foord Analytics, to find out more about his background, why he was excited to join John Foord [JF], the opportunity for cloud-based analytics technology to address insurance industry challenges, how COVID has disrupted the insurance sector, and what he sees ahead…
The Value of Legacy Data
Many of today’s businesses, including in the insurance sector, are sitting on decades of legacy data without appreciating its potential market value. While data is often hailed as the “new oil”, the reality is that too many companies are still not tapping this precious resource to better serve their customers and drive the business’s bottom…
Importance of Adequate Sums Insured
The temptation to submit lower reinstatement cost figures is particularly strong in the current insurance market where rates are increasing and given the deflated economic environment due to the COVID 19 pandemic. Such a scenario creates several strong reasons for you to ensure that your declared sums insured are adequate. Insurers appear to be reviewing…
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