Internet of Things – Page 14
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NewsRevealed: Insurance Times Awards finalists 2020
Winners will be revealed at a glitzy awards ceremony on Wednesday 9 December, did you make the short-list?
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NewsAXA Partners extends long-term partnership with travel insurer
The global insurer has entered a collaborative partnership with a travel insurer to cater to customer needs more closely
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NewsCarriers need to merge data to reap cyber insurance benefits says RAND Corporation
Combining application and claims data can help insurers identify the best security controls for their policyholders
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NewsData leaks surge almost 500% during pandemic
The problem mainly stems from misconfigured databases
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News'Doxing' identified as an ‘evolving threat’ within cyber risk landscape
Furthermore, data breach severity has increased over the past year, with a heavy focus on the healthcare and pharmaceutical sectors
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NewsThingCo secures contract with Freedom Brokers
ThingCo has secured a new contract to further deploy its telematics device Theo, as part of its ambitions to expand in the UK and then globally
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NewsAnimal Friends releases claims data for dog owners
The pet insurer has released claims data to help potential dog owners make better decisions picking a pet, after lockdown sees a surge in pet owners
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NewsZego partners with European e-scooter operator
As the UK government continues its trial of e-scooters, Zego has a new European partner whose focus is e-scooter safety
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NewsZurich partners with By Miles on five-year usage-based insurance proposition
The insurer has entered a five-year agreement for a usage-based insurance model with By Miles after observing a shift in consumers driving patterns during the pandemic and as lockdown unwinds
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NewsInsurtech deals drop by 80% globally but Lloyd’s Lab still innovating
With the pandemic proving challenging for insurtechs, Global Data reveals a significant drop in insurtech deals worldwide but points out that Lloyd’s Lab fifth cohort gives hope to the industry
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NewsInsurtech MGA Equipsme oversubscribed in crowdfunding during pandemic
The insurtech decided to crowdfund as it wanted control over its own destiny during the pandemic, and it has been oversubscribed in its crowdfunding and seen a surge in customers since March
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NewsBrokers boost use of digital platforms during lockdown says Aviva
Chief distribution officer Phil Bayles added that regional brokers’ high sales figures are a ‘testament to their adaptability and resilience’
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IT InterviewLondon Market ‘will never go back to how it was’ following Covid-19 pandemic
DAC Beachcroft partner says the key for future success will lie in marrying the market’s personal relationships with the use of technology
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NewsLloyd’s Lab chooses ten insurtechs for fifth cohort specialising in Covid-19
It is only the second virtual Lloyd’s Lab to be run and this time the ten selected insurtechs will focus on pandemic solutions
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NewsBrokers urged to capitalise on post-Covid cyber demand as homeworking become the norm
Less than half of cyber policies are distributed through the broker channels
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NewsGeneral insurance direct written premium set to fall by 1.7% in 2020 due to Covid-19
The lasting effects of the coronavirus crisis means that GI DWP will not return to previous levels until beyond 2023, predicts analytics company
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NewsTrack My Risks chief exec urges insurers to commit to building safety amid soaring high-rise premiums
With the draft Building Safety Bill 2020 underway, the chief executive of not-for-profit firm the Building Safety Register is seeking to evolve into its own organisation during this very challenging time that leaseholders are facing
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Online onlyAllianz talking to brokers more than ever, despite lockdown
Insurer-broker interactions were up 12% during the last four weeks alone, Allianz, chief executive Jon Dye said
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NewsInsurers must ‘do more’ to support UK motorists driving less post-lockdown
Cheaper car insurance premiums ranked top in By Miles’s research as a way that insurers can support policyholders who are driving less - this helps continue the low carbon emissions seen during lockdown
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NewsArtificial intelligence will need regulatory governance for use in insurance processes
Panellists at an Insurance Times webinar highlighted that although artificial intelligence and machine learning will increase within the insurance sector, there will need to be governance introduced around it to ensure ‘the machines know what they’re doing’
