Internet of Things – Page 52
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Telematics data shows fraudster 'hit car with a hammer to inflate claim'
The investigation, which used telematics data, thwarted a vehicle damage claim for almost £88,000
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Silent cyber added to Willis Re PRISM-Re tool
Willis Re’s cyber portfolio management tool, PRISM-Re adds silent cyber
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Andy Homer among Digital Fineprint backers in £2m funding round
Pentech and former AXA UK chief executive Andy Homer, who is also Towergate’s former group chief executive, are among Digital Fineprint’s latest backers in $2.7m raise
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900m nuisance calls made to insurance customers in 2017
900m calls and texts chasing a personal injury claim or insurance issue were made in 2017, according to Ofcom data commissioned by Aviva
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Rebranded Insure A Thing teams up with Zurich
The start up formerly known as Insure A Thing will team up with Zurich to launch a “truly disruptive” bike policy
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Brexit and cyber at the forefront of manufacturers’ minds for 2018
UK manufacturers are entering 2018 more optimistic, but are still worried about the risks associated with Brexit and cyber
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Public sector quadruples terrorism insurance purchases
Public sector purchases of terrorism policies rose by 331% in 2017, according to the latest research
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Amazon enters insurance market – in India
Amazon is reportedly investing in Indian insurtech startup Acko
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Now4Cover in launch of sharia-compliant home & landlord policy
InsureHalal partners with now4cover to launch a sharia-compliant home landlord insurance policy
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Endeavour puts first risk policies on cyber portal
The Lloyd’s broker announces the successful placement of the first risk policies onto its new cyber portal
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Arc Legal launches ‘mass market’ household cyber cover
The policy is designed to provide immediate assistance for individuals and families in the event of a cyber-attack on their personal electronic devices
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The CII to transform faculties into societies
The CII says it is “part of a wider engagement strategy”
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Ripe launches new tailored policy service for small businesses
Ripe want to allow businesses with 10 employees or less “to build their perfect insurance policy”
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Telematics saved UK drivers £160m in 2017
UK drivers saved around £167 through usage-based insurance (UBI) policies
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SchemeServe expansion "reflects demand for insurtech"
SchemeServe grew 15% in the last six months, which it says ”has been fuelled further by the race for brokers to reap the rewards of the Insurtech revolution.”
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Allianz pumps $96.6m into microinsurer BIMA
Microinsurer BIMA will benefit from a $96.6m investment from Allianz X
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Lemonade raises $120m in latest funding round
US insurtech disruptor Lemonade raises $120m in latest funding round
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Non-standard property MGA joins Acturis e-trade platform
MGA U-sure becomes “first” non-standard property provider to be added to Acturis’ e-trading platform
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“Hackers are targeting school fees,” warns cyber insurance firm
Cyber Decider warns parents that their children’s private school fees are the top target for cyber criminals
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Car insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding