Internet of Things – Page 29
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NewsHuman error accounts for 75% of cyber claims this year
CFC Underwriting is releasing monthly anonymous cases studies on cyber claims in a bid to raise awareness
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NewsZego partners with major car-subscription service
Private hire drivers will be automatically insured when taking out a subscription on a vehicle
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NewsUK SMEs shoulder £8.8bn crisis costs, broker finds
Cyber-attacks, data breaches and cyber extortions accounted for 15% of all ’crisis’ events
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NewsBought by Many to drop industry standard for switching insurers
The two-week waiting period was a measure to combat fraudulent claims, but the insurtech believe it is unnecessary
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NewsPrice comparison cycle service enters market
Cyclists run the risk having to foot the bill if they are involved in a third-party liability claim
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NewsRAC partners with car insurance broker
It hopes the partnership will encourage more policyholders to take out breakdown cover and ease claims
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AgendaCanopius partners with property AI start-up Arturo
New property analysis capability to be integrated into Canopius to aid in pricing
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NewsWrisk appoints new chief exec amid scaling business
In June the insurtech partnered with Allianz Automotive to deliver a digital motor insurance offering
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Online onlyLearn about China and its powerhouse insurtechs - Download free report
Tällt report scopes journey and reveals the best insurtechs in the country
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NewsTrõv switches track on return to UK market with Lloyds Banking Group
Ahead of closing its app in October, Trõv moves away from direct-to-consumer market and sets its stall out to work with incumbents
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NewsBrolly launches new Hiscox-backed flexible contents product
Brolly founder and chief executive, Phoebe Hugh calls it “the most exciting insurance product launched for a long time”
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NewsMcNamee’s insurtech MGA expands proposition with new D&O policy
The new updates coincide with the firm’s philosophy of making the broker’s life easier
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NewsGuidewire hires new chief executive
The appointment sees Marcus Ryu, its chief executive of 18 years, become chairman of the firm’s board of directors
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NewsOgden hits LV= but operating profit is up by half
£13m Ogden rate hit puts underwriting profit lower than last year but Steve Treloar hails six months of solid growth elsewhere
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NewsArdonagh signs IT provision deal with cloud specialist
The IT provider which specialises in “cloud and cognitive services” will provide a range of services to Ardonagh businesses
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NewsLloyd’s chooses 11 insurtechs to support manifesto
The 11 chosen insurtechs will make up the third cohort of the Lloyd’s Lab
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NewsDAC Beachcroft predicts ‘explosion’ of fraudulent bent metal claims
With legislation coming in April 2020, DAC Beachcroft says fraudsters are looking more into bent metal claims
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NewsInsurtech Hippo hungry for expansion after $100m funding round
It brings the firm’s total funding raised to $209m (£171m)
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Online onlyBroker raises alarm on cyber amid worrying research results
SJL Insurance chief executive Simon Lancaster ’on a mission’ to educate as his YouGov poll reveals cyber issue
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NewsBrexit decreasing M&A appetite, say insurance leaders
M&A remains a critical growth strategy but due to customers’ expectations evolving the industry must keep up
