Applied Systems is a leading insurance technology provider and their exit will have significant impact in the UK market. They recently announced their decision to withdraw its broker management system, Applied Epic, from the UK market. This move reflects broader challenges in the UK insurance sector. Pressiues have been increasing in the market which risks…
Invoice fraud or scams are when someone poses as your supplier or customer and sends you an invoice or bill requesting a payment. This type of cyber crime is also known as mandate fraud. A Common Scenario You get an invoice or email from one of your suppliers saying that they have changed their bank…
The Financial Conduct Authority (FCA) is one of several organisations that regulate the insurance industry. You need to apply for FCA approval if you want to offer any kind of regulated insurance services in the UK. As part of their supervision, the FCA imposes a Code of Conduct on all the financial firms it regulates….
Tapoly CEO and founder, Janthana Kaenprakhamroy, has been invited to speak at this year’s InsuranceInnovators Summit 2019 – a gathering of the very best of the insurance industry from across the globe, which will be held on 13 and 14 November at the QEII Centre in central London. She will sit on the Leader’s Forum…
You May Be Operating Just Fine Without It But Business Interruption Insurance Might Just Rescue Your Business. Business interruption insurance is a type of cover that many small businesses and freelancers overlook. In truth though, protecting yourself against loss of income and increased working costs caused by unpreventable issues is one of the smartest moves…