News – Page 28
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NewsGlobal insurtech funding for Q1 2022 hits $2.2bn – Gallagher Re
Q1 2022 saw the highest ever-recorded participation of early-stage investment
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NewsAviva inks deal with Tractable to ‘overhaul’ UK motor claims accuracy
The deal also supports Aviva’s net zero 2040 target
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NewsCytora partners with insurer to streamline global risk intake
The partnership is intended to lead to a better and faster service for brokers and clients
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NewsSwiss Re enters Lloyd’s Lab
The reinsurer has entered the accelerator’s eighth cohort with an ESG proposition
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NewsGovernment reveals changes to the Highway Code to accommodate self-driving vehicles
The amendments aim to ensure that the first wave of self-driving vehicles are used safely on UK roads, but industry concerns remain
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NewsInsurtech backer Tech Nation to apply for new funding
The new grant funding competition will open in Summer 2022
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NewsCar insurance insurtech raises £1.8m in seed funding
The investment means that the business is ‘well on the way’ regarding its mission ‘to challenge the status quo’ and ‘turn insurance on its head’, says chief executive
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NewsMarshmallow awarded £1.4m payout from Mulsanne
Marshmallow’s co-founder and co-chief executive expects to recover the majority of its legal costs
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NewsInsurerCore joins forces with US-based platform to create all-in-one marketplace
InsurerCore’s founder and chief executive says he is ’thrilled by the competitive advantage’ it will bring to customers
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NewsPIB Group undertakes ‘big investment’ in data analytics
Chief executive says the broker is ‘learning a lot already’ about unstructured data
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NewsChanging ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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NewsInsurtech ecosystem is ‘unusually advanced’
An expert panel at the Business of Resilience conference discussed how the insurtech sector could support the insurance industry through innovation
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NewsLloyd’s Lab reveals eighth cohort with climate change and decarbonisation focus
The accelerator scheme has also included wild card entrants in its latest cohort
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NewsBought by Many rebrands to ManyPets
The insurtech’s co-founder and chief executive says the name change shows where the firm’s ’heart is’
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NewsCGI vice-president consulting expert makes move to EIS
The digital expert described his new job role as ‘the perfect fit’
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NewsStartup Getsafe boosts business portfolio with new insurance offering
The firm is eyeing a UK customer base of 50,000 in 2022
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NewsLloyd’s and Schroders team up for new investment platform
It is designed to help investors in the Lloyd’s market generate risk-adjusted returns on capital and access a broader range of investment opportunities
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NewsInsurtech ARMD turns around tool theft claim in eight days
The insurtech uses the Internet of Things (IoT) and embedded insurance technologies to cater for tradespeople
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NewsIs AI the next ‘silent cyber’?
Experts predict that artificial intelligence governance will increase as insurers and reinsurers remain naïve around AI-related risks
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NewsMercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
