News – Page 19
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NewsFirms need to be ‘mindful’ of impact of AI on vulnerable customers – ACSO
New technologies should be ’carefully considered at the development stage and regularly reviewed’, says executive director
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NewsHow AI helped an insurtech pay out a UK claim in just two seconds
Chief executive says insurers ’must keep up to stay competitive’
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NewsInsurance industry needs to ‘keep up’ with evolving customer demands amid digital shift – Aviva
’The digital shift really changed through the pandemic,’ says head of customer experience
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NewsCan brokers trust AI to handle sensitive data?
’You wouldn’t share a client report with a friend for a view, so why do it with AI?’ says corporate director
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NewsStubben Edge launches new capital arm to further help insurance firms grow
’We are committed to helping insurance brokers, MGAs and insurers grow their businesses,’ says chief executive
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NewsSunak launches Silicon Valley Bank UK rebrand following HSBC acquisition
The prime minister says the move supports his priority to grow the UK economy and ’cement our position as a science and tech superpower’
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NewsTifgroup unveils new platform to improve consumer access to travel insurance
’We believe this needs-driven, rather than price-driven, approach will make a big difference to the customer experience,’ says director of underwriting
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NewsWhat is the digital future of insurance firms?
’Companies that are going to be fully digital are only companies that startup from scratch,’ says chief transformation officer
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NewsLukango and specialist insurer ink partnership to ‘demystify insurance’ for small businesses
’We are helping small business owners demystify insurance with jargon-free, tailored insurance purpose-built for them,’ says chief executive
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NewsIgnite to launch new chatbot service for brokers
’The AI revolution is coming to insurance,’ says managing director
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NewsConcerns raised over ChatGPT use in underwriting experiments
The tool will not be ’prevalent’ in insurance processes as it can only be ’as good as the data you put into it,’ says insurance lead
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NewsUK takes ‘very pragmatic approach’ towards insurance AI and regulation
’When the stakes are high, people need to understand the impact of using AI,’ says chief executive
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NewsArtificial Labs deploys ChatGPT to end ‘messy’ data barrier for brokers and insurers
’We believe the tool could save the time taken from submission to an underwriting decision by up to 50%,’ says insurtech’s founder
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NewsInsurtech 50 firm Insly launches new broker tool
It aims to digitalise manual processes for brokers
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NewsUK insurtech startup among multiple firms to secure Zurich backing
The insurer has announced the winners of the fourth edition of its Innovation Championship
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NewsMGAs emerge as ‘key players’ in insurance industry
Chief executive says ’MGAs are well-positioned to fill gaps’
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NewsIS2 inks integration partnership with Percayso Inform
’As well as improving risk quality and loss ratios, customers will also have the flexibility to refine their rules in real time,’ says managing director
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NewsOndo’s £815k fundraise gives insurtech ‘additional firepower’
Chief executive says the company is ’well-positioned to capitalise on upcoming opportunities’
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NewsPikl inks partnership with MGA to offer brokers specialist cover
Managing director says deal will add value for brokers and customers
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NewsInsurtech funding rises in Q1 2023 despite warning of ‘cautious investors’
’2023 may be the beginning of a new era for insurtech,’ says head of insurtechs
