(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Fintech

The rise of InsurTech

By Liana Cafolla New regulatory oversight and advances in insurance technology are rapidly changing the way Hong Kong-based insurers sell insurance, assess risk and detect fraud. Liana Cafolla reports. For centuries, the insurance industry was a heaving, slow-moving behemoth best known for its archaic processes heavy on paperwork and small print and light on innovation and ease of… Read More The rise of InsurTech

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Audit and Assurance

Premium products

By George W. Russell China is the world’s fastest growing insurance market and third largest in overall size. However, competition is intense amid lower margins and heavier regulatory scrutiny. George W. Russell looks at the state of the sector as it also gears up for major changes in accounting standards. Along with Burberry scarves and… Read More Premium products

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Health, Pensions, Risk Management

Women should be planning their own financial security

By Tiffany Boesch According to the National Cancer Registry, one in every 33 women in South Africa is at risk of contracting breast cancer over the course of her lifetime. With October being breast cancer awareness month, this serves as a timely reminder of how important it is for women to plan financially to ensure… Read More Women should be planning their own financial security

(c) Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Fraud

Black Box Puts Brakes on Bad Claims

By David Malamed Automotive telematics devices are used to record driving data that can reduce a driver’s insurance premiums. But they can also help fight accident fraud. In early 2014, a Vauxhall Astra bumped into the tow bar at the rear of a flatbed truck on a roadway in northwestern England. The truck had halted… Read More Black Box Puts Brakes on Bad Claims