News – Page 13
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Big technology players to keep insurance industry ‘on toes’ in 2024
’These companies will not let a rounding error correction prevent them from increasing their insurance offering,’ says markets director
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Zego marks ‘significant milestone’ with launch of business van insurance product
’This product, like all of our insurance solutions, is a testament to Zego’s commitment to innovation,’ says chief executive
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Manifesto 2024: Further eTrading research needed to identify technology ‘pinch points’
’We are trying to join everyone up to get the best eTrade that we can,’ says chief executive
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Blink Parametric rolls out flight disruption solution to travel insurance brand
’We are now live with a real-time digital flight disruption solution tailored to their specific brand and market,’ says chief executive
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Manifesto 2024: Biba urges government and regulators to consult over AI regulation in insurance
’In the context of a dynamic AI regulatory environment, there is a growing recognition that suitable regulation needs to be in place,’ says manifesto
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Hyperexponential secures more than £50m in series B funding round
’The insurance industry is at the forefront of a rapidly changing world and must find ways to understand and respond to that change in risk profile.’ says chief executive and cofounder
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Face-to-face trading in underwriting room key for 2024 – Liiba
’It is the key thing the next generation of market leaders want to see,’ says Liiba
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Superscript inks deal to provide custom-built insurance for tradespeople
’The trade industry is already amongst Superscript’s best performing segments,’ says partnerships director
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Zurich launches fifth edition of global startup programme
’Our programme continues to evolve and grow its impact,’ says group chief information and digital officer
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CDL cements ESG strategy after green insurtech launches on platform
’CDL has long been committed to reducing its environmental footprint as part of our ESG strategy,’ says chief executive
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Insurance to drive AI reforms as litigation risks increase
’We expect to see discrimination, bias and privacy concerns amplified as key risks and probable litigation targets,’ says partner
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Firms warned that AI could impact liability claims
’Organisations need to be aware of these risks and how best to mitigate them,’ partners say
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Is the industry doing the ‘right thing’ when it comes to AI?
’It’s essential that, when incorporating AI, the industry does the right thing by thinking about AI from the consumer perspective,’ says head of marketing
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UK is ‘core part’ of Bondaval expansion plans
’The UK is renowned as a hub for both insurance and technology innovation,’ says cofounder
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Backchat: Genasys born Tour de Insurtech ‘started with a tweet’
’What makes Tour de Insurtech unique, in my view, is that it’s a completely agenda free networking event,’ says group chief executive
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‘Immense potential’ for parametric insurance in UK market
’UK insurers increasingly need to fill gaps in their traditional insurance products to handle an increase in disruption,’ says chief executive
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Lockton teams up with Artificial Labs to bolster processing of insurance contracts
’We are proud to be one of the first brokers to bind a genuinely data-first MRCv3 in the market,’ says head of Europe operations and transformation
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Hiscox to use AI for underwriting in London market first
’There are areas of the business where automation can support better, faster results for our brokers,’ says chief executive
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Zurich UK to experiment with AI in new ‘customer copilot’ initiative
’If Zurich gets this right, it is a mutual gain for our customers and Zurich’s distribution channels,’ says head of UK commercial insurance
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Sky Protect names new MD as Poll steps down
’I will be leaving my role at Sky with mixed emotions at the end of the year,’ says departing boss