News – Page 19
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NewsBackchat January/February 2024
Reality TV shows, new appointments, indie music guitarists and insurtech competitions, what has the insurance industry been up to of late? You heard it here first…
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NewsInsurtech funding plummets to lowest level since 2018
However, global head of insurtech says there are signs of ’a mature and healthy market’
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NewsDigitisation of London market will ‘empower’ face-to-face trading
’Personal relationships will still be critical,’ says chief executive
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News‘Significant shift’ expected in insurers’ approach to AI
Company highlights four challenges for insurers to watch out for as firms move beyond common AI uses
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NewsGovernment of Gibraltar and Insurtech UK renew Statement of Intent deal
’We remain committed to supporting our insurtechs on their authorisation journey,’ says chief executive
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NewsAI code of conduct for insurance industry launched
’It’s a code built on general principles as much as detail,’ says director
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NewsBackchat: Changes in insurtech startup environment as technology evolves
’We have noticed the changes over time,’ says partner
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NewsGreater focus on data optimisation needed to curb ‘costly’ AI implementation mistakes
Global chief strategy officer says ‘firms able to properly identify priorities’ will ‘find themselves pulling away from the pack’
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NewsUK Treasury grants Gibraltar approval for captive regime
’There is the possibility for a future alignment between Gibraltar and the UK in the captive [sector],’ says minister
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NewsGenerative AI’s impact on the insurance industry and consumer – Lloyd’s
’A common theme in AI discussions is to say technology is not new to the insurance industry,’ says senior manager
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NewsERS to use more data to support brokers through new deal
’As a broker only insurer, it is important that we do all we can to support our partners,’ says active underwriter
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NewsLaw firm opens 2024 insurtech startup competition
’The key factors that the judges will be scrutinising this year is whether there is a genuine insurance-related innovation,’ says founder
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NewsAI ‘essentially next industrial revolution’ and key 2024 theme – PeppercornAI
’Insurance providers will have no option but to collaborate with insurtechs delivering AI solutions,’ says chief executive
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NewsAI ‘double-sided coin’ that needs ‘experiment-led approach’ in insurance
’We can’t be too eager to implement attractive solutions that might leave our customers or markets exposed,’ says senior manager
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NewsPrincipal Insurance inks deal to access consumer behaviour data
’I have no doubt that it will help us to write better business more efficiently,’ says founder and managing director
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NewsQover launches motor insurance solution in UK
’By entering the UK, we are well-positioned to extend our innovative solutions,’ says chief executive
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NewsBig 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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NewsZego 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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NewsManifesto 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
