News – Page 21
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Backchat March 2023
Insurance Times shares the best industry anecdotes from the last month, delving into the world of obscure high net worth art. What has the insurance industry been up to of late? You heard it here first…
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Gadget insurer concludes next phase of its digital transformation work
Chief executive of the digital agency that supported the change programme says that although insurance companies were ’once seen as the bastions of tradition’, they are now ’becoming innovators’
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FloodFlash agrees US capacity extension with reinsurer
The MGA is ’working to address the world’s largest flood insurance market’ says FloodFlash North America chief executive
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Home insurance startup Locket partners with reformed burglar
The insurtech aims to help customers actively prevent claims instead of just resolving them with claims payouts
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Cyber criminals take aim at geopolitical targets and IT supply chain – CyberCube
Financial services which includes insurance remains one of the most heavily targeted industries according to CyberCube’s report
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Insurtech UK backs new national fintech hub
’With insurtech forming a core pillar of this sector’ the launch represents a ‘huge opportunity’, says insurtech trade body
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Insurance sector breaking down barriers to data science integration
While insurance has been viewed as ‘behind the curve’ on AI adoption, a ‘significant’ amount of effort has been made to upskill, says technical product lead
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BrokerFest 2023: The peaks and troughs of insurtech investment
Quarterly insurtech funding fell to a record low in Q4 2022. The landscape for startups, however, is not so dull
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Insurtech has a ‘real role’ to play in seeing things from a customer perspective – Inga Beale
Many insurtechs were founded on the basis of the founders experiencing a personal frustration with insurance and this is why they are key in this
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Flock raises £31m in series B funding
The investment will allow the insurtech to expand into new territories and new areas of commercial fleet, says chief executive
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BrokerFest 2023: Startup broking pool of talent ‘not reaching its potential’
Ignite aims to offer an environment for innovation and growth for startup brokers, says chief executive
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BrokerFest 2023: System launch can unlock small and medium broker access – Phil Bayles
Chief commercial officer reveals that tool launch will help insurers ‘find the needle in the haystack’ of regional brokers to more effectively find business that matches their risk appetite
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BrokerFest 2023: Impending insurtech report to wake up ‘sleepy brokers and insurers’
The term ‘insurtech’ could become obsolete as the sector shifts from disruptor to collaborator
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BrokerFest 2023: Ignite Insurance Systems to explain accelerator lifeline for entrepreneurial brokers
Insurtech’s managing director set to discuss the launch of his firm’s Ignition programme and how this can help brokers that are looking to innovate
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BrokerFest 2023: Oxbow Partners to debate the term ‘insurtech’ at one-day event
Business management consultancy to discuss whether the term ‘insurtech’ is still relevant in 2023
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BrokerFest 2023: Panellists to discuss insurtech broker landscape post-Covid
Insurtech heavyweights will debate the current climate that insurtech brokers are facing and the opportunities that lie ahead
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AI has ‘enormous potential benefits’ for insurance but regulators should target ‘safe and responsible adoption’ – Kennedys
‘Balancing the excitement of the potential of AI with the cutting edge associated risks is crucial’, says head of innovation
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School creates AI-based method to terminate proxy discrimination in insurance pricing
If the school’s approach is adopted, insurers will be required to collect data on protected characteristics, which ‘raises privacy concerns’, says expert
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GoShorty recruits as it looks to go big in motor market
Managing director says the appointments ‘significantly strengthen our team’ and puts the firm ‘in a great position to execute our growth plan’
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Technology and data pose fresh challenges for insurance sector’s trust issues
’What might be good for business, will be devastating for trust’, says report author