Internet of Things – Page 22
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News
Catalytic converter theft on rise as rhodium prices soar
Theives are exploiting a loophole in the law that called on dealers to run checks on where the metals had come from
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News
SSP launches data solution to help brokers access trend insights
The company’s distribution director says the data set will ‘provide insights never before possible’
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News
LexisNexis Risk Solutions launches test phase of new Vehicle Build data set
The product supports underwriting by informing insurers on vehicles’ in-car safety features
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News
Tractable raises $25m with view to expand AI proposition worldwide
This brings the insurtechs funding total to $55m
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News
Insurtech Aventus secures £2.6m investment round
The seven-month old business plans to expand its people development
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News
Arron Banks reportedly among 1,600 hit by FCA data breach
The results of a freedom of information request was exposed
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News
MGAs in line for Lloyd’s syndicate-in-a-box bids
Higher than expected number of bids to launch syndicates, Lloyd’s chief said
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News
Direct Line axing 800 jobs amid digital transformation drive
The main losses will be from its Ipswich office which is closing in 2022
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News
Zego triples staff headcount in 12 months amid recruitment drive
It hopes to double its staff number again this year, it follows Nick Pester joining the insurtech
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News
Compare the Market owner leads funding round for insurtech Digital Risks
The funding has been raised to develop the insurtech’s technology and drive its expansion
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News
NIG to provide capacity for McNamee’s digital MGA C-Quence
It hopes to make it easier for brokers to deliver sophisticated commercial insurance quickly and at lower costs
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News
Insurance data sharing exposes ‘fundamental tension’ in customer expectation
Customers want fairer pricing, yet are reluctant to share their pwersonal data to acheieve this, study found
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News
Evolving risks for UK schools present key broker opportunities - Ecclesiastical
Cyber remains a key concern
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News
Tokio Marine Kiln launches enhances cyber insurance with $25m limit
The insurer says the cover aims to bridge the gap between typical property damage and cyber insurance policies
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News
Gallagher teams up with CPP for SME cyber offering
The partnership gives CPP a “strong footprint” in the UK broker market
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News
SSP hires broker business director amid platform launch
New director has a background in the broking industry
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News
Cyber criminals go phishing using Coronavirus outbreak to swipe data
As phishing attacks are becoming more and more sophisticated, the insurance industry must continue educating people to spot them
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IT Interview
Five Star Q&A: Claims is the shop window for brokers says Brokerbility's Ashwin Mistry
Insurance Times speaks to Brokerbility’s executive chairman about how insurers and brokers can provide 5 star service to customers
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News Analysis
Industry warns on the unforeseen consequences of the FCA’s pricing remedies
The regulator’s proposals to end unfair pricing practices have raised serious concerns in some quarters