News – Page 4
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NewsGo Compare strikes deal with insurtech to boost pricing
’We realised the key issues faced by new companies were the cost of the system infrastructure and access to the right data and technology,’ says director
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NewsLaka acquires renewal rights to insurance provider’s bike portfolio
’This renewal rights acquisition forms part of Laka’s mergers and acquisition strategy,’ says chief executive
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NewsDavies appoints first group chief AI officer
The appointee ’is uniquely qualified to optimise our internal processes’, says chief operations officer
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NewsBroker ‘winners’ are those that embed ‘intelligent automation into workflows’ – Applied Systems
Artificial intelligence can support brokers in being more ‘efficient, effective and responsive’, says chief product officer
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NewsInsurtech secures further funding to support growth
’We’re excited to expand our capabilities to reach a broader user base,’ says co-founder and director
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NewsAI will enhance, not replace, human interactions in Lloyd’s market
’The key message is that digital is not going to replace humans’, says deputy chief underwriting officer, but will ’improve productivity in the market’
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NewsTechnology obsolescence is biggest digital threat in 2024 – Beazley
’Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology,’ says new report
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NewsUse of technology essential for insurance firms’ ‘survival’
“It is not only a question [of] competitive evolution and competitive advantage, but it’s [also about] absolute survival,’ says chief executive
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NewsReinsurer inks partnership with travel and car excess insurtech
’We needed to find an underwriting partner that understands our vision to be the most customer-centric insurance provider in the world,’ says chief executive
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NewsDigital MGA names new chief executive
’[He] is the perfect person to lead the next phase of our journey,’ says outgoing chief executive
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NewsInsurtech 50 firm names new chief technology officer
’His vision for the future of RightIndem involves not only adopting new technologies, but also transforming our business processes,’ says spokesperson
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NewsEmbedded insurance insurtech partners with HSBC and Numeral to improve claims payment process
’We see the claims journey as the moment of truth for customers,’ says chief customer officer
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NewsInsurtechs team up to develop products for insurer and MGA claims market
’By combining our strengths, we can offer unparalleled solutions that enhance operational efficiency and customer satisfaction,’ says chief technology officer
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NewsCarbon insurance is in ‘startup phase’ – CFC
Equally, AI risks are often ’implicitly’ covered within E&O policies – however, more ’exclusionary’ terms could be on the cards if the technology goes wrong, says innovation manager
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NewsSuperscript team leader leaves to head up own business
’While this is me closing one chapter, it’s the beginning of another,’ says chief executive
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NewsStock market crash creates ‘ripple effect’ for insurtechs
’This market turbulence can be particularly challenging for fintech and insurtechs,’ says chief operating officer
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NewsInstanda scoops expert as interim chief AI officer
’His appointment gives us all an opportunity to benefit from his wealth of experience,’ says chief executive
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NewsMcLarens reports 300% rise in suspected fake document use in Q1 2023
’Fakes are becoming more sophisticated and easier to come by,’ says head of investigation
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NewsRegsearch rebrands AI proposition
The new name ’conveys the role of AI in risk and regulatory compliance tasks, tying directly to the Regsearch brand and enhancing our recognition and authority in the industry,’ says chief executive
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NewsCytora inks partnership with AI due diligence firm
’This collaboration strengthens our ongoing efforts to provide insurers with the most advanced solutions,’ says chief operating officer
