News – Page 29
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NewsTractable and Verisk partner to reduce property damage claim settlement times
The duo hopes to support insurers in the face of ‘ever changing climate woes’
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NewsTicker launches driving convictions insurance product
Drivers with convictions often have problems securing cover and this product aims to plug the gap
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NewsIsle of Man chief minister says island’s insurtech programme marks ‘good innovation’
The chief minister stressed that a ’more collaborative’ approach was needed if innovation is to continue
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NewsBackchat January-February 2023
The Riddler, coffee houses and wellbeing initiatives. What has the insurance industry been up to of late? You heard it here first…
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NewsInsurtech funding sees 57% dip in Q4 2022 – Gallagher Re
The UK was listed as one of seven countries for top insurtech investment in 2022 which was $200m (£162.6m) for this country
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NewsTech Nation set to close its doors after a decade as funding pulled
The government has hopes for the UK to be a ’science and technology superpower’ over the next decade taking on Silicon Valley
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NewsWaggel and vet tech firm join forces
The vet tech firm originally launched its app due to rising vet care costs, Waggel’s customers will now have access to it
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NewsInaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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NewsManifesto 2023: Insurers continue to allow ‘square pegs in square holes’ for eTrading - Biba
The broker trade body plans to work with insurers to deliver positive eTrading outcomes for brokers and end customers
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NewsSuperscript enters growing drop-shipping market
By 2027, it is believed that the drop-shipping market is set to be worth £415bn globally
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NewsInsurance Times launches 2023 ETrading survey for UK brokers
Insurance Times’ annual eTrading survey is now open for UK brokers to share their views on their eTrading experiences over the last 12 months
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NewsOpportunity for legacy firms to ‘up their game’ as consumers seek stability – Solaris
Embedded insurance is one way to meet this demand, although it comes with challenges
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NewsUK-US insurtech accelerator initiative opens for recruitment
’Nurturing innovation globally within the formal partnership of the Corridor is crucial’ says vice president and executive director
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NewsCFC creates dedicated fintech team
CFC has witnessed the volume of submissions from fintechs increase by more than 100% year-on-year over the past couple of years
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NewsRipe Thinking makes two ex-Towergate hires as it surpasses 300,000 policyholders
The pair join as the insurtech starts its ’next important expansion phase of markets’
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NewsManyPets chooses European digital insurer as its new UK carrier
MGA ManyPets UK has partnered with European digital insurer Wakam as its new UK carrier.
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NewsIntelligent AI aims to reduce claims for commercial properties following £2m fundraise
The insurtech is ’now at a stage where we are ready to expand globally and expand our platform’, says chief executive
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NewsManyPets hits £216m GWP in year to 31 March 2022
The MGA has invested in improving its claims journey for customers
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NewsYounger 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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NewsEarly 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’
