News – Page 29
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Blink Parametric partners with Lloyd’s broker to expand parametric offering
The partnership sees the early roll-out of the insurtech’s flagship parametric solution as well as the expansion of its product pipeline
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Ondo becomes first insurtech to make IPO in UK following purchase
The escape of water insurtech formerly known as LeakBot aims to lead the revolution towards sustainable risk reduction by scaling up its product globally
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Industry at digitalisation crossroads post-pandemic – Allianz’s Sirma Boshnakova
Insurance firms must build ’technology with a heart’ and maintain ‘a human touch’ to avoid ’alienating’ consumers, says insurer board member
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Parametric ‘ugly duckling’ could become sector’s ‘future’
Industry’s data may transform parametric insurance from ‘science fiction’ to broad, multi-line reality
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Charles Taylor InsureTech launches hub to empower industry’s value chain
InHub can replace legacy systems without interruption to a business’s operations
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Co-op Insurance and aggregator partner on pet cover
High premiums for pet insurance are putting pet lovers off adopting a furry friend, but Co-op Insurance’s discounted new policy could help
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By Miles enters Italy with pay-by-mile proposition
Italy is the first stop for the insurtech as it gears up to expand into other European territories
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Digitalisation demands insurers look carefully at the ‘oil tanker’ versus the ‘speedboat’
Insurance Times speaks exclusively to insurtech Concirrus following the release of its latest whitepaper
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Insurtech UK to tap into US market with new insurance corridor
The trade association hopes to reduce bureaucracy and promote the role of insurance as ’oxygen of the economy’ in both the UK and US
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International Underwriting Association reveals top systemic risks in technology evolution
Despite increased risks and other challenges, insurance firms are ‘stepping up’ to the challenge
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Polish insurer taps Tractable’s artificial intelligence platform
The insurer hopes to make the claims process quicker
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Aviva and Zego ink multiyear fleet insurance deal
The insurtech believes that usage-based insurance is the future
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Insurtech startup Nuon AI closes £1m pre-seed funding round
Customer traction in the UK and US has surged for the insurtech
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Backchat March 2022
Canine colleagues, esports, crash for cash fraudsters and a new role for an insurance veteran. What has the insurance industry been up to lately? You heard it here first…
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‘Real work’ still to do to improve customer communications
However, ‘the industry has some great potential’ around using artificial intelligence to create personalised interactions with consumers, says expert panel
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Travelers buys Trōv’s technology assets
The insurtech’s founder and chief executive says Travelers is ’the ideal company’ to take its ’technology to the next level’
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Polaris reports record usage of all its 2021 products
The industry owned organisation remains committed to investing in its products to enable the sector to ‘push the boundaries of digital trading’
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Insurtech UK reveals new associate members and partners for 2022
This year, the trade association is aiming to launch its own membership news platform
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Brokers are ‘more relevant than ever’ post-pandemic
Self-service platforms are applicable ’at different points of the buying cycle for different types of brokers,’ says software company chief revenue officer
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Curbing etrading referral delays requires brokers to understand insurers’ risk appetite
Live chat facilities and developing new capabilities in broker management systems will also help relieve referral build up