Internet of Things – Page 38
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NewsPen Underwriting overhauls water escape claims with Davies Group
It is expected to result in a 10% saving on indemnity spend after the average escape of water claim rises
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NewsBiba appoints Home & Legacy as high-net worth provider
The insurance intermediary recently pledged to support brokers with Brexit
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NewsExclusive: Covéa Insurance joins Smartdriverclub's panel
It follows the broker expanding its underwriting proposition to the younger driver market
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NewsJacqueline McNamee's MGA goes live with underwriting platform
Ex-AIG boss McNamee’s new MGA C-Quence has launched its underwriting platform
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NewsAXA XL agrees global partnership with Guidewire
Having been partnered in North America, AXA XL will now extend the arrangement to the insurer’s underwriters globally
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NewsAllianz taps AI in new digital proposition
The technology is set to cut the time taken in claims handling
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NewsEcclesiastical rolls out LeakBot trials with brokers
The industry pays out around £1.8m each day to help homeowners cope with the misery of burst pipes
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NewsBGL creates 40 new jobs through £3m investment
The new jobs will be based out of a new tech hub in Sunderland
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NewsAXA’s three new AI bots to save 18,000 man-hours a year
Several other insurers also use AI bots including Zurich
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NewsExclusive: Honcho to start beta testing in February
Its panel will include 10-15 brokers, insurers and MGAs
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NewsMactavish launches cyber initiative to overcome mis-selling
It follows the firm recently identifying the seven major flaws in cyber insurance
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NewsRPC names industry’s top three risks
The firm’s review covers 30 insurance industry sectors across the UK and Asia
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NewsOlder drivers least likely to report non-claim incidents – LexisNexis
Consumers are also now less willing to disclose their full claims history
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NewsExclusive: Markerstudy to move lines to Atlas platform as it extends contract
Markerstudy first signed up for the platform back in 2009
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NewsAXA-backed insurtech announces first customer
It follows a series A funding round of €8m last year in September
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NewsZurich backs travel insurtech on mobile-focused offering
Customers can use Facebook Messenger to make a claim and get instant responses
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NewsAXA XL partners with tech firm to slash time assessing property risks
Tech firm Expert System says AI allows information to be extracted from 100+ page property surveys in minutes
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NewsIFB launches new industry-scale fraud prevention platform
The IFB teams up with analytics provider SAS to launch the intelligence database
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NewsExclusive: Broker extends underwriting footprint to younger driver market
It previously specialised in the older driver market who were subject to higher premiums
