Press Article: Covid-19 accelerates P&I market's digital transformation

Pre-pandemic, there had been a drive for some time by clubs to engage with new technologies such as artificial intelligence, block-chain and smart contracts to understand the implications of these technologies within their own businesses.

'The pandemic has just reinforced our commitment to embracing technology as a means to improve our service and the means by which we provide that service', says Nicholas Mavrias, Senior Claims Executive at Standard Club.
The Standard Club launched a new member and broker portal last year and is adding new functionality to the portal this year with the goal of making more data and insight available to members. But the club’s general vision of technology and digital transformation has not changed in any significant way post-Covid. ‘We were already committed to investing in technology to offer an enhanced service’ Mavrias says.

The full article is available on the right (page 4) and on the Insurance Day website here.