News – Page 32
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Cryptocurrency holds innovation opportunity for insurance industry
There is ’a tonne of potential and lots of gnarly stuff to get our heads around as insurers’ when it comes to cryptocurrency, according to insurer Beazley
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Insurers set to become ‘lifestyle partners’ for customers in 2022 - Capgemini
Success in P&C market will hinge on being ‘customer-centric, savvy about intelligent processes, able to bring products to market agilely and willing to collaborate at scale with ecosystem partners’
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Bought By Many’s GWP doubles to £146m
By increasing its staff headcount and not putting employees on furlough, the business was able to cope with the pandemic pet boom
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Ticker and Trakm8 join forces on pay-per-mile proposition
The partnership followed a ’competitive trial process’
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Revealed: Which firms came out on top at 2021’s Insurance Times Awards?
It was certainly a night to remember, with 36 industry awards being presented at a lavish ceremony in a swanky London hotel. But which firms were declared the evening’s winners?
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Usage-based insurance broker buys tech provider to enhance service
Chief technology officer says commercial insurance market is ‘ready for true disruption’
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Davies launches new technology solution division for insurers
The division will continue to be led by Davies’ chief executive of consulting and technology as well as its senior vice-president of technology solutions
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Insurtech startup secures Ageas UK for insurer panel
The business plans to launch a short-term motor insurance proposition specifically for brokers in the coming weeks too
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Concirrus set to support Howden’s digital transformation programme
The broker will be the first in the market to use Concirrus’ data and analytics platforms
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New broker-founded insurtech to launch one-stop-shop flexible vehicle insurance
Co-founder wants ’to support brokers in continuing to meet their clients’ evolving needs’
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Insurtech names new chief executive
The new recruit will help lead the insurtech in its next growth phase
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Open GI and Percayso Inform join forces on broker data enrichment service
Percayso’s managing director says ’our goal is to ensure brokers, MGAs and insurers have access to the widest range of data sources’
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Davies’ new tech portal set to help clients manage regulatory reforms
Davies’ IT business partner says ’it has become clear that technology will redefine how operations are delivered’
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Specialist motor insurer launches new tech trading solution
The insurer’s active underwriter believes there are ‘significant efficiencies’ for brokers and insurers that trade digitally
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Insurtech launches digital solution to overhaul underwriting processes for brokers and MGAs
This marks the insurtech’s ’biggest foray into insurance technologies yet’, as it aims to solve the problem of digital underwriting not being able to work across multiple lines
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Insurtech to help brokers and insurers navigate flood risk amid partnership extension
The insurtech aims to make best in class data sets easily available
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Challenging cyber insurance market in 2022 will force major insurer withdrawal - report
‘Bottom line, insurers have been collecting small premiums while facing near infinite risks’, says senior analyst
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UK insurance staff waste eight hours each week trying to understand data – Abbyy
Artificial intelligence skills could help empower staff
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Guidewire reveals analytics app suite to help insurers make better decisions
The suite of apps will help insurers make better decisions and address new and evolving market risks
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FloodFlash expands relationship with reinsurer to strike capacity deal
Insurtech boss says the partnership will ‘set the standard for how underwriters and insurtechs can work together to address industry issues’