News – Page 17
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PPL deploys new upgrade for Next Gen platform
’It will support the market in its transition,’ says director of product and practice
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Cytora chief executive reveals how insurtech moved to ‘global structure’
’What works when you are small doesn’t always work when you are larger – things break as you grow,’ says chief executive
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Insurance sector leads the way in adopting artificial intelligence – Hyland
’It’s about getting the right information to the right person at the right time,’ says vice president
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Largest global brokers now live on new PPL London market platform
’It is great news that we now have all the larger brokers set up on the platform,’ says chief operating officer
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Nigel Walsh: ‘Each new wave of innovation is bigger than the next’
’Without doubt, fortune will favour the brave,’ says managing director
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Majority of UK insurance executives investing in AI and machine learning
’Businesses are exploring how they can build trust with existing and potential new clients,’ says head of platforms, strategy, operations and venture
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Cytora forms new partnership to boost insurers’ risk assessments for aviation market
’The integration will enable insurers to make data-driven decisions,’ says chief operating officer
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Chris Kenning: ‘We built technology so people can spend more time with people’
’We believe that this can help those that don’t get access to financial services and insurance expertise,’ says chief executive
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Ondo expands US footprint with new partnership
The partnership is ’further validation by US insurers’, says chief executive
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Brokers should not ‘shy away’ from AI over lack of trust
Managing director says there ’is a huge future for AI models in all facets of insurance’
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Ondo ‘brimming with confidence’ after revenue growth
’We look forward to demonstrating more contract wins and further progress,’ says chief executive
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Insurtech funding falls for Q2 2023 – Gallagher Re
’Insurtech now in a secondary phase’ focusing on the ’how’ rather than the ’what’ says reinsurance broker’s global head of insurtech
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Ed Gaze: There is ‘no shortage of ideas’ for insurtech startups
Chief executive says he has ’seen how hard it is to raise money, get an insurer to back you and to bring in the first bit of revenue’
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Darren Bex: ‘We must rethink the whole ecosystem and how customers interface with insurance’
’The future belongs to companies that rapidly harness new technology,’ says chief technology officer
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Could AI reduce product liability insurance claims?
Recall consultant says AI has a ’sophisticated ability to actually detect defects that humans might not be able to identify’
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Is live chat the new ‘dominant method’ of communication for insurers and brokers?
’We changed the way that we look at ourselves internally,’ says head of insurance products
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Tractable announces plan to bolster R&D after raising just under £50m
’I’m excited by what we can achieve,’ says Insurtech 50 chief executive
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The challenge insurers face as consumers more likely to self-purchase cover online
Insurers need to ensure consumer needs are serviced ‘at the right time and through the right channels’, says insurance lead
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Technology Champion of the Year 2023 shortlist unveiled
Seven technology trailblazers in the insurance industry have been shortlisted by the Insurance Times editorial team to pick up the accolade at the Tech and Innovation Awards 2023 – but who will be crowned the winner?
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FCA publishes regulatory approach to AI and big tech
’Any regulation must be proportionate enough to foster beneficial innovation,’ says chief executive