Archive for the ‘Innovation’ Category
Insurtech: Advancing the Industry Through Technology
InsureTech or InsurTech or insurtech—It seems the industry has not yet decided on the preferred spelling, but it is the latest insurance buzzword and similar in meaning to fintech. As fintech is shorthand for “financial technology,” insurtech refers to “insurance technology,” and its use is changing insurance operations for the better in three key areas.
Space Update: Risk Sharing in the New Space Era
The U.S. has big plans. It wants to send humans back to the moon and eventually further on to Mars. This starts with landing the first woman and first person of colour on the moon within the next few years.
Sustainability/Urban Air Mobility Update: eVTOL and Its Place in a Sustainable Aviation Ecosystem
An industry driven by innovation and advancement stands on the precipice of transformation, with two different but complementary elements at play. The first is the development and adoption of cleaner fuels for existing aircraft and less carbon-intense ways of managing the existing aerospace infrastructure.
AI Update: Artificial Intelligence and Products Liability
With a simple voice command, Siri provides you traffic and weather updates; your “self-driving” car may take you to a doctor’s appointment; a medical algorithm may assist in the interpretation of your chest X-ray; and a financial algorithm analyzes and makes recommendations affecting your finances.
The Journey to Net Zero: Carbon Offsetting
In the past two years, there has been a seismic shift in how individuals and companies think about their impact on the environment. It is widely accepted that movement toward a low-carbon world, as quickly as possible, is of critical importance. This cannot happen overnight. For most industries, including aviation, this is an enormous challenge.
What Would You Do Following a Cyber Attack?
It’s a busy Wednesday afternoon when the IT manager walks into the CEO’s office with an ashen face. “We think we may have been compromised,” they state. It takes you a few moments to understand what they’re saying. It’s only the look on their face that makes you realise how serious this is.
Ensuring a Sustainable Future for Aviation
OEMs are working to deliver more fuel-efficient airframes and engines to airlines who are, in turn, pushing to reduce cost and increase operational efficiency. This is being achieved in three primary ways. Firstly, through aerodynamic design changes to aircraft and engines. Secondly, using lighter materials and innovative processes in manufacturing of both airframe and interior components and finally, by developing the use of alternative fuels.
Our Future: Together
2020 has been a challenging year. It is our hope that our industry will come out of these difficult times with renewed purpose, finding greater strength and resilience from each other. We recognise that during these times, our clients need dependability, confidence and trust in the people they choose to do business with.
Space Update: The Changing Landscape of Space Missions
The global space economy is growing. Governments around the world are realising the potential the space industry could be bringing into their respective economies. An exceptional amount of capital is being invested both by governments and the private sector.
New York to London in 2 Hours? Yes, Supersonic Passenger Aircraft Are Coming
The original Concorde supersonic passenger jet may have been retired in 2003, but the desire to dramatically reduce the travel time on treks like New York to Paris and Sydney to San Francisco lives on. Today, a number of companies are seeking to make supersonic travel safe, reliable and affordable.
