News – Page 16
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Lloyd’s of London reveals impact of innovation lab in insurance industry
’We now deploy purposeful and directive accelerator themes,’ says commercial director tech talk newsletter sign-up
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‘We rely on them to feed us’ – brokers praised for role in capturing data
’We are beholden to the broker,’ says chief operating officer
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Insurtech Kayna closes funding round
’This funding is already powering our new business development and partner onboarding in the UK and US markets,’ says chief executive and cofounder
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Poloworks launches new digital division to support digitisation of London market
’We are very much aware that going forward, brokers will need more full-time support,’ says chief executive
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Hubb rebrands as Taveo to ‘accurately reflect mission’
’Our new brand identity is a significant milestone for Taveo,’ says cofounder and chief executive
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Direct Line Group reveals plans after launching motor ownership app Caha
’This is the beginning of a material shift as we seek to meet more of our customers’ needs more of the time,’ says director of partnerships and ecosystems
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Lloyd’s to develop emissions accounting solution through new partnership
’A credible emissions measurement process will allow us to meet our regulatory reporting requirements,’ says director of corporate affairs
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LLMs are an ‘efficiency driver’ for insurance industry – so what does it mean for jobs?
’AI is not going to replace you, but a person that knows how to use AI will definitely replace you,’ says technology entrepreneur
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Abacai enters into strategic partnership with law firm
’Adding the team from Abacai gives us the opportunity to maximise the skills and expertise of both organisations,’ says chief executive
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Policy Expert ‘broadening’ distribution relationships after ‘best month’ for renewals
’We’re laser focused on continuing to grow our market share,’ says executive chair
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Insurtech UK names former CII director as first chief executive
’This is a crucial time for the sector,’ says new top boss
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Backchat: September 2023
From film premieres, broker podcasts, birthdays and encounters with TV broadcast journalists, what has the insurance industry been up to of late? You heard it here first…
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Cowbell continues UK expansion with new cyber product launch
’Cowbell is committed to addressing cyber risk challenges on a global scale and our expansion into the UK is a testament to this,’ says general manager
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Lloyd’s Lab names cohort 11 insurtechs as it approaches fifth anniversary
The accelerator is ‘continuing to grow the global reach of Lloyd’s Lab’ says senior manager
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Stuart Reid joins Qlaims as non-executive director
’When approached for this role it took no time at all to appreciate this is a company with massive potential,’ says new non-executive director
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Tysers bolsters broking operations with new platform
’Tconnect is a major step forward and a key milestone in our digital transformation programme,’ says chief executive
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Verisk forms new partnership to boost industry's claims processing capabilities
’We’re taking a significant step towards transforming the insurance claims process,’ says chief executive
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AI and advanced analytics transforming insurance claims handling – Aviva
’Analytics and claims bring to life the knowledge we possess about our customers,’ says head of customer experience and insight
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Former Hiscox chief executive among insurance veterans to join insurtech
’Digital transformation is at the top of the boardroom agenda,’ says chief executive
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Startup insurance firm using AI to generate quotes joins AR network
’We’re delighted to unveil this partnership,’ says network director