News – Page 32
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NewsAnansi partners with insurer to offer embedded goods-in-transit insurance package
The collaboration aims to address current market pains resulting from an ‘antiquated’ method
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NewsDuck Creek Technologies launches new business accelerator suite for UK pet insurers
The UK pet insurance market is ’ripe for disruption’ with an estimated £1.5bn GWP generated per year by 2025
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NewsInstanda names ex-Hiscox managing director as new chief financial officer
The insurtech’s chief executive says the appointment is ’integral’ to its expansion plans
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NewsGallagher inks partnership with Novidea to overhaul specialty client base service
Gallagher’s chief operating officer says ’the specialty insurance market needs to provide better technology tools to its clients’
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NewsEsure’s in-force policies dropped by 3.2% in H1 2022
Chief executive explains that 2021’s £21.3m profit dip has been funnelled into digital transformation work
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NewsMIS teams up with Markel International for major loss events proposition
Markel’s claims director of wholesale says MIS’s solution gives the business ’another string to our bow’
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NewsZego inks deal with QBE to expand telematics-based fleet insurance offering
The pair share a passion for innovation around risk, says insurtech’s chief executive
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NewsEx-Lloyd’s Lab head Ed Gaze scoops new role at alumnus insurtech
The insurtech was part of Lloyd’s Lab’s cohort four, during Gaze’s tenure at the accelerator programme
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NewsPrevisico plans US expansion following partnership
The insurtech has started its American expansion in New York City
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NewsInsurtech investments fall in 2022 amid Covid and cost-of-living crisis – GlobalData
The data and analytics said insurtechs will need to refocus as a result of tough economic times
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NewsStubben Edge Group snaps up Lloyd’s broker as it targets 1m live policies in 2022
The firm has also incorporated Guernsey-based 1Edge Insurance, with the aim of expanding the group’s capabilities for IFAs and brokers
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NewsBoosted eTrading proposition is key driver of Aviva’s H1 12% commercial lines growth
UKGI chief executive explains that the insurer is ‘really mindful of acting on broker feedback’
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NewsEx-AIG boss McNamee’s C-Quence adds excess D&O to products
By trading digitally, brokers have ’speed accuracy and reliability’ that was not often available previously
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NewsLemonade addresses Metromile staff cuts post-acquisition amid platform sale
The insurtech has a clear roadmap following the Metromile acquisition, having onboarded 80% of staff and sold its EBS platform to EIS
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NewsLemonade reports top and bottom line ‘above expectations’ in Q2 2022 results
Meanwhile, 73% of its premiums were from customers of less than 24 months
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NewsAllianz’s eTrading capabilities are ‘on an improving path’ – but still have ‘a long way to go’
Digitalisation in commercial lines is ‘not impossible’, but it is flagging behind digital progress in personal lines ‘for good reason’, says commercial lines boss
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NewsInsurtech funding still down year-on-year – Gallagher Re
Investors should look at insurtechs as an opportunity to ‘diversify their portfolios’, says global head of insurtech
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NewsMajority of brokers interested in ‘further digitalisation’ – Aviva
Digital processes could ’eliminate’ repetitive tasks and free up time for customer service
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NewsPolicy Expert appoints new chief financial officer
The new hire succeeds Paul Gildersleeves, who was employed by the firm for more than 10 years
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NewsPercayso Inform teams up with Ageas UK
The insurtech hopes to provide brokers with confidence as more accurate risks are being presented
