News – Page 35
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Verisk’s Sequel buys broking software specialist for undisclosed sum
The broker software specialist’s managing director says the move will strengthen its pipeline and increase opportunities
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Brokers navigate commercial hard market and capacity issues using collaboration – Aviva
Aviva’s chief distribution officer says ’being close to the regional broking market is key’ to what the insurer does
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Lloyd’s of London teams up with geospatial insurtech
The partnership aims to build the world’s most advanced digital and technology-led insurance marketplace
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Insurtech partners with WHSmith to offer insurance to UK retail customers
The retail business is making an ‘innovative move’ to provide insurance for its customers and ‘shake up the traditional retail insurance market’
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Technology is a deal catalyst and barrier for M&A – Clyde and Co
The law firm stressed that ’insurtechs are now in the position of being both attractive as assets as well as potential acquirors’
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Markel provides motorcycle cover capacity for US insurtech
The offering is a ‘natural progression in the evolution of motorcycle insurance’ says executive underwriting officer
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Ordnance Survey takes equity stake in Flock
The insurtech’s chief exec says the insurance company of the future won’t just pay claims, but it will ’actively help customers avoid them’
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Whitespace sees 84% increase in business placed on its etrade platform during 2021
Stephen Catlin, Whitespace’s advisory board member, says the platform is playing ’a vital role’ in the shift to digital
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Etrading specialist Quotall enters strategic partnership with Acrisure
The deal is an ‘important step’ for the insurtech because it builds on ‘strong new business prospects’, says Quotall boss
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Former Willis Re CTO joins Supercede to develop digital ecosystem
Chief executive labels appointment ’a momentous milestone’
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Next Insurance to take part in Amazon’s insurance network
The move builds on the insurtech’s partnership with the tech giant back in March
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Marshmallow finalising cash injection to become latest insurtech unicorn
The company will join other unicorns revealed this year, including Bought by Many, Zego and Tractable
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FCA to allow rolling applications for regulatory sandbox
Insurtech UK says the rolling sandbox has always been a ’historic policy objective’ for the trade body
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Neos’ UK consumer awareness could prove ‘challenging’ for Sky – GlobalData
A quarter (25%) of respondents in GlobalData’s survey who have household insurance also own a smart thermometer
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Marsh enters Amazon partnership to provide product liability insurance for online sellers
Amazon’s new digital insurance network aims to help the site’s sellers obtain quotes from reputable insurers
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Zego advances data and technology stance by boosting engineering staff
More than one in three engineering leadership positions are occupied by women, including Zego’s chief technology officer
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Esure, Pikl and Sheilas’ Wheels sign distribution deal
The insurtech describes the deal as a ‘prestigious partnership’, while esure believes the move is a ‘game-changer’ for the industry
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WhenFresh teams up with Bluesky to combat subsidence risk
WhenFresh chief exec says the firm continues to bring together best in class property data assets to empower insurers
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More insurtech M&A deals to be had – Willis Re
Following the release of Willis Towers Watson’s Quarterly Insurtech Briefing, insurtech M&A could be set to continue as the early to mid-stage pipeline remains healthy
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Lloyd’s Lab reveals seventh cohort with cryptocurrency focus
Lloyd’s Lab also accepted wildcard entries that presented solutions outside the core themes, claims and cryptocurrency