Internet of Things – Page 49
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Allianz UK to provide insurance for Drivy customers
Allianz UK to partner car sharing platform, Drivy, to provide insurance to customers
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$100m insurtech fund wants to work with insurers not against
Partner at Eos Venture Partners Sam Evans says they are optimistic insurers are coming around to insurtech, and wants to work with insurers to embrace and collaborate with the new start-ups entering the market
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Innovation stymied by capital rules, says OECD
An OECD report says that innovation in insurance could be blocked because insurtech start-ups face crippling capital rules under Solvency II
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Honcho: the insurtech gunning for the aggregators
Aggregators were the ’original disruptors’, but a new platform contends it is ready to take over the market and ’smash’ premiums
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Insurance technology firm tops Sunday Times profit list
CEO of The Qdos Group says “innovative insurance solutions” helped firm top The Sunday Times BDO Profit Track 100 list
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REG speeds up GDPR agreements to help clients
REG hopes to help clients meet GDPR deadline by reducing cost and time of issuing TOBAs
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Chubb invests in flexible working insurtech start-up
Chubb makes a minority investment in a flexible working insurtech start-up, which has recently experienced “triple-digit” policy growth
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LexisNexis launches motor-risk scoring system to help better predict losses
Attract™ for Motor launched to give insurance providers an immediate understanding of risk
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Broker ditches SSP for Open GI’s Mobius
The broker was on SSP’s Sector system, but made the switch to Mobius due to its “impressive technology proposition” and “solid expertise”.
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IBM hits back at Co-op in £130m tech upgrade lawsuit
Co-op ‘effectively brought termination on itself’, alleges IBM in £130m lawsuit
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Smartdriverclub increases telematics capacity
Smartdriverclub hopes to increase its GWP via aggregator site by 200% in two years
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Biba partner updates app for faster P&L claims
Insure Apps adds property and liability claims to its app, joining its motor claims platform
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Zurich UK pilots new chatbot for quicker claims handling
Zurich’s ’Zara’ hopes to handle non-emergency home and motor claims in three hours rather than 24
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Car giant parks driverless cars following fatal Uber crash
A pedestrian was killed on Sunday night after a collision with a driverless Uber
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‘Lessons will be learned’ says ABI after driverless Uber fatality
The ABI defends driverless technology after fatal test crash in the USA
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Chancellor expected to launch post-Brexit fintech strategy this week
Post-Brexit fintech strategy expected to launch on Thursday
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Applied Systems expands insurer panel
Applied Systems hopes to drive growth through development in personal lines
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Aggregators a ‘true threat’ to UK insurers – ACORD CEO
ACORD chief executive and president Bill Pieroni had a stark warning for insurers at the inaugural Best Digital Customer Experience Symposium in London
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Open GI unveils latest software solutions offering
New Open GI software package offers “new approach” for brokers, insurers and MGAs, says group chief executive Chris Guillaume
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Insurers and brokers join paperless revolution with new ACORD service
London market insurers/brokers using speedy new reports service