News – Page 23
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ManyPets hits £216m GWP in year to 31 March 2022
The MGA has invested in improving its claims journey for customers
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Younger customers have higher expectations for claims resolution – Sprout.ai
As generation Z and millennials tend to be more digitally literate than other age groups, the demand from them for faster and more convenient customer service is higher
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Early stage insurtech investment reaches second highest figure ever in Q3 2022 – Gallagher Re
Gallagher Re’s head of global of insurtech says for the ’right kind of business – capital is still there’
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Amazon’s online insurance store – what does it mean for the industry?
The FCA has already taken note of the potential for big tech players to disrupt the insurance market
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Pikl inks new holiday home insurance partnership with Sykes Holiday Cottages
Skye’s homeowners will have access to insurers through the insurtech’s partnership programme
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Esure chooses insurtech as digital claims technology platform
Esure is on a mission to transform its business and become a digital insurer
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Ondo revenue hits £1m for H1 2022
The first set of results for the insurtech as a public company after it filed an IPO earlier in March this year.
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Send closes Series A funding round after £9m raised
The firm intends to accelerate its growth in the UK and US, it said a statement
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Guidewire extends technology play into London market
During the recent Guidewire Connections 2022 conference, its global vice president for strategic markets and initiatives discussed automation in the London Market with Insurance Times
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There will be ‘winners and losers’ in insurance now more than ever – Guidewire
At the recent Guidewire Connections 2022 conference in Las Vegas, the firm’s president discussed Amazon’s latest entry into the market
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Policy Expert reveals tech hiring plans to bolster growth
The insurtech continues to focus on broadening its use of artificial intelligence and machine learning to shape its pricing strategy
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Pet underwriter secures £15m funding boost
The firm’s founders hope that the extra capital will help them develop a ‘one-stop, holistic service’
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Qlaims augments partnership with Great American
The company hopes the extension will provide ‘greater flexibility’ for its clients and brokers, says chief executive
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Closing climate change driven insurance gaps means combining people, data and technology – Guidewire
There will be a move from risk allocation to risk mitigation when it comes to climate change linked risks, according to Guidewire’s managing director of Europe, Middle East and Africa
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Insurance IT execs must balance ‘critical’ core system functionality with innovation - Guidewire
The firm’s chief executive, Mike Rosenbaum, described core IT systems as the ’heart and lungs of an insurance company’
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Cover Genius secures £61m in latest funding round
The funding will help the insurtech boost its business growth and expand its XCover distribution platform, it says
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Insurance Times Awards 2022: Greater Than is ‘passionate about disrupting the current insurance model’
Andrew Bennett, global insurance director and UK chief executive of Greater Than, explains to Insurance Times why he believes the firm should win the Excellence in Risk Management category at the 2022 Insurance Times Awards
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Insurance Times Awards 2022: Novidea is achieving ‘great traction in the market’
Ben Potts, managing director for the UK at Novidea, explains why he believes the company should win the Excellence in Technology - Distribution category at the 2022 Insurance Times Awards
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ManyPets buys US carrier amid growth spree
It will allow the pet insurance provider to underwrite its own policies in 45 states across the US
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FCA exploring big tech firms’ potential to ‘disrupt established markets’
The regulator’s move follows the launch of Amazon’s home insurance store last week