News – Page 14
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NewsAllianz unveils new AI tool to tackle fraud
’The success is shown through its cost-saving approach,’ says head of claims data
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NewsFormer Aon managing director joins Bondaval as group chief underwriting officer
’Brokers have long been drivers of innovation in the credit insurance market,’ says incoming group chief underwriting officer
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NewsInsurtech UK members ‘keen to explore’ US market following pan-US trade body formation
’Being able to share insights and information, will be beneficial for our UK ecosystem,’ says chief executive
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NewsGrowing political pressure on insurers could see premium increases limited
’Price adjustments and rate increases will lead to fierce competition as customers look for cheaper cover or cancel,’ highlighted Sollers Consulting
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NewsWTW to bolster innovation strategy through new deal
’We recognise the crucial role that innovation plays in shaping our industry’s future,’ says head
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NewsDLG-owned Darwin hits customer milestone by ‘doing motor differently’
’What we are doing in insurance is a long-term play, which means slow and steady,’ says founder
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NewsInsurtech UK welcomes EIS extensions
’These very popular mechanisms offer access to investment for early-stage, innovative companies,’ says chief executive
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NewsFirms not using data risk becoming ‘siloed’ from industry
‘Data-led decision making is no longer the preserve of those at the forefront of the innovation adoption life cycle,’ says chief executive
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NewsEarnix names biggest challenge for UK insurtechs
’It’s difficult because there are multiple factors contributing to it,’ says chief executive
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NewsInnovation within insurance market now ‘more crucial source’ of competitive advantage
’One of the major levers in the insurance industry’s strategic toolkit is innovation,’ says head of innovation
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NewsInsurtechs team up for data-driven specialty and commercial pricing solution
’This partnership will allow us to better address the needs of a specific market,’ says chief executive
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NewsInsurance industry ‘is not growing as fast as it needs to grow’
’The penetration gap is growing as we don’t have enough capital as an industry,’ says group vice president
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NewsBroker CEO Forum: Generative AI to become ‘really interesting’ tool for brokers selling data poor lines
After picking the ‘low hanging fruit’ around machine learning, brokers ‘need to be thinking about’ how generative artificial intelligence can help bolster their ‘insight’ and ‘expertise’
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NewsGenasys inks deal to support digital evolution of medical and dental indemnity provider
’We are focused on being a genuine partner to deliver real results,’ says chief executive
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NewsBroker Insights to achieve GWP milestone in 2023
“Our clients appreciate our unique dataset and increasingly AI-powered technology,’ says chief executive
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News‘Challenging’ 2023 presenting insurance technology executives with ‘tough’ task
’It’s a tough balance between delivering systems that are efficient, but also innovative,’ says chief executive
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NewsBackchat: Chief executive achieves personal goal with announcement of new book
’My aspiration with this book is to lay a strong foundation for a deeper understanding of insurtech,’ says chief executive
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NewsUnderwriters express concern about slow progress in underwriting processes
’Many of today’s underwriters are disillusioned with time-consuming manual tasks,’ says vice president
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NewsRisks associated with AI and big data becoming more of a concern – Axa
’As an insurer, our role is to propose solutions and we are fully mobilised to fulfil it,’ says chief executive
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NewsMore insurance firms investing in AI – but many lack plans to upskill workforce
’Concerns around understanding, skills gaps, regulatory impacts and ethics remain prominent,’ says insurance leader
