News – Page 40
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Compass and Broker Network’s virtual trading event sees £4m worth of deals completed
Facilitating broker and insurer networking despite the pandemic is vital as insurance is an industry that ‘thrives on relationships, thrives on connectivity and thrives on having meaningful engagement’, says networks and products managing director
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Taurus Insurance extends underwriting agreement with ERGO
ERGO’s head of commercial says the partnership has ‘great potential’
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Trõv continues expansion into UK market
The insurtech chief executive believes embedded insurance is revolutionising distribution
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Insurtech startup welcomes new chief underwriting officer from esure
The new appointment joins the team with immediate effect, as a ‘compliment to both the Peppercorn team and the concept’
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360Globalnet warns UK motor insurers of unforeseen data ‘quicksand’ from OIC portal
The insurtech has warned that free text data entry in the new Official Injury Claim portal could lead to insurers being overwhelmed by data
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Why more data is not always better – InsTech London
In its latest report, InsTech London warns that too much data can be counterproductive and pose problems for brokers
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How location intelligence could serve insurers and brokers – InsTech London
In its latest report, InsTech London discusses how location intelligence might benefit the insurance industry and how some firms are already tapping into it
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Revealed: Claims Excellence Awards finalists 2021
A record number of entries across 18 categories have made it onto the shortlist for Insurance Times’s Claims Excellence Awards this year – did your firm make the cut?
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Insurtech partners with Amazon on small business insurance proposition
The insurtech’s chief executive says the firm is taking a ‘large step’ by providing greater access to ’seamless insurance’ via this partnership
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CNA Hardy hit by ‘sophisticated’ ransomware attack
It caused network disruption and impacted corporate emails
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Oxbow Partners identifies three key insurtech themes in latest report
Advisory firm Oxbow Partners has highlighted the three key themes to watch in its latest report
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Oxbow Partners reveals top 25 insurtechs to watch
The advisory firm says that the chosen insurtechs ’all have the potential to drive significant value in the industry’
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Aston Lark launches broker portal for renovation insurance scheme
The launch follows a successful pilot conducted last November and is ‘just the start of what is to come’, according to scheme manager
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Lockdown accelerates Aviva’s online trading by 20%
The insurer hopes to continue investing in its direct business, as well as its commercial, broker and bank channels
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Peach Pi reveals its first broker etrade platform
It hopes to better support small community businesses during challenging times, such as the Covid-19 pandemic
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Insurance sector must brace for ‘silent revolution’ brought by innovative tech – Instanda
Technology is ‘creating new risks that the industry is currently unprepared for’ says insurtech’s head of solutions
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Former CHO chair launches credit hire company to turn sector ‘on its head’
Kirsty McKno says ‘it’s perfect timing’ for a new player to shake up the credit hire sector as currently, the market is ‘broken’ and ‘full of friction’
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Google hires new managing director of insurance for North America
Former Deloitte partner, who has previously specialised in insurtech, joins Google - industry voices describe this as ’a very smart move’
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Lloyd’s of London to consult on Blueprint Two’s core data record
The new iteration is a major “milestone” for Lloyd’s, but it will continue to explore opportunities to improve placement, claims and settlement journeys
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Hybrid working model is a ‘huge opportunity’ post-pandemic – Direct Line Group’s Penny James
Direct Line Group’s chief executive says she is proud of her staff managing the stresses of lockdown while serving customers throughout the pandemic