All Insurtech UK articles – Page 49
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AgendaInnovation blog: Insurance needs to win the Internet of Things War
Pegasystems European Insurance director Tony Tarquini on how the insurance industry must change its mindset or find itself relegated to the fringes by the innovators and disrupters
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NewsExpert View: Innovation – consider the third approach
Innovation Group marketing director Stacey O’Connor on evolving the insurer business model
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Online onlyInnovation blog: The win-win approach to insurance innovation
In their drive to improve customer and user engagement, insurers can profit from the insights of perceptive start-ups who understand their pain, says Startupbootcamp managing director Sabine VanderLinden
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AgendaInnovation blog: Insurtech trends are reshaping insurance
Chris Finney, partner at law firm Cooley (UK), on how peer-to-peer and crowd-sourced insurance are already making inroads into the industry
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Online onlyNeos chief exec: 'Insurance suffers from being conservative'
Neos chief executive Matt Poll, who left MoreThan after 15 years to create a home insurance start-up, explains the potential dangers for insurance companies of not engaging with their customers properly, and why they must be more agile with new ideas.
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Online onlyUnimpressed consumers reject 'connected home' transition
Most consumers are unwilling to buy smart home technologies and lack interest in the ‘Internet of Things’, a new survey has found. PricewaterhouseCoopers (PwC) found that 72% of people surveyed were reluctant to adopt smart home technologies such as smart heating systems, renewable energy devices and ...
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FeaturesInsurers looking to be van man’s best friend
With the price of van insurance soaring nearly 10% in the past year, some insurers see an opportunity for telematics and cross-selling in this neglected market
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NewsEx-Quindell unit Hubio teams up with Indian carmaker Mahindra
Hubio, the usage based insurance technology company owned by Watchstone Group – formerly Quindell – has teamed up with Indian carmaker Mahindra to offer telematics-based insurance services. Coinciding with the UK launch of Mahindra’s new e2o all-electric urban runabout (pictured) in the UK, the Indian company’s ...
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AgendaSimply Business hackathon creates ‘Tinder for insurance’
Simply Business has created an app that allows commercial insurance customers to swipe through a short question set to generate an indicative quote. The product, internally named Swipe Me, is only at an early conceptual stage, but is already basing its user experience on the Tinder ...
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AgendaCarrot and Trak Global in telematics deal with Volkswagen
Volkswagen Financial Services (VWFS) has teamed up with telematics broker Carrot and its sister technology firm Trak Global on a new offering for young drivers. Under the deal, VWFS will offer a year’s free telematics-based insurance to 18-to-24-year-old drivers that buy a Volkswagen Polo from a ...
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Online onlyIngenin and Imaginatik join forces to boost insurance innovation
Imaginatik and Ingenin have formed a global partnership to provide innovation solutions for the insurance industry. Ingenin is an innovation consultancy focused on the insurance industry, which was launched by two co-founders of the AXA Insurance Innovation Hub. Imaginatik has 20-years’ experience of developing sustainable innovation ...
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NewsHow ex-Towergate pricing boss Muzio aims to disrupt insurance
Michael Muzio has a grin on his face between sips of coffee. He’s finally succeeded in jumping through the regulatory hoops, meaning his new business is up and running. Chatting casually in a London cafe, Muzio is now ready to talk about it with Insurance Times. He ...
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NewsRural rebrands in plot to be ‘challenger’ in agricultural insurance market
Managing general agency (MGA) Rural Insurance has rebranded its logo as it sets out plans to be a challenger business within the agricultural insurance market. Chief executive Ian Barclay said the UK’s rural economy was a major contributor to the UK economy - valued at £211bn ...
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NewsQueen's Speech: Bill to ensure cover for driverless cars
The government is to promote the development of autonomous cars and will make sure insurance companies provide cover for them, it was announced at the state opening of Parliament. In her speech outlining government policy for the coming year, the Queen said the government wanted to ...
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Online onlyAviva to invest millions in tech start-up enabler
Aviva is to invest millions of pounds in Founders Factory, a technology incubator, to forge a new wave of financial service start-ups, Sky News reports. The deal, due to be announced today, will make Founders Factory an exclusive services partner with Aviva. Ben Hoberman, who set ...
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NewsJaime Swindle, NIG: ‘Brokers are now setting the e-trading agenda’
Delivering what brokers want has helped NIG retain its place at the top of the Insurance Times e-Trading Broker Insight rankings. E-trade director Jaime Swindle talks about how brokers are now driving e-trading
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NewsInnovation Blog: Self-aware drivers before self-driving cars
Octo Telematics’ Jonathan Hewett and Goldsmiths, University of London’s Dr Chris Brauer on improving driving through technology
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NewsWhitehorn: True innovators look beyond current market
Use customer research to predict future trends, former Virgin Galactic boss Will Whitehorn tells Innovation and Disruption Conference
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NewsTalkTalk profit halves after cyber attack
TalkTalk’s full year profit halved as a result of last year’s cyber attack on the mobile phone company. Profit before tax for the year to 31 March 2016 was £14m, compared with £32m the previous financial year. The company was hit by exceptional costs of £83m, ...
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NewsSmart home technology could cut CORs
Smart technology such as leak, fire and theft detectors in the home could reduce insurers’ combined operating ratios (CORs) by 21%, research suggests. According to an Innovation Group report, tech giants such as Google and Samsung are trimming the amount of insurance claims made by building ...
