News – Page 41
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NewsDirect Line Group gunning to be the ‘insurance company of the future’
In a live video stream this morning with journalists, Direct Line Group’s chief executive Penny James said the insurer hopes to support customers across their entire insurance lifecycle via a fully digital ecosystem
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NewsAviva’s ‘big ambition’ to be the ‘UK’s leading insurer’
Aviva’s chief executive warns that the insurer has ’a long way to go before we unlock the true potential of Aviva’, but that building upon its 2020 financial results ’is just the start’
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NewsInsurers must cater to emerging risks posed by new technologies and IoT
During an Insurance Times webinar yesterday, a panel of cyber insurance experts discussed potential risks surrounding IoT products and upcoming technologies, emphasising that insurers must be aware of these challenges in order to deliver ‘proactive’ risk management
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NewsNew digital broker looks to wrap up lifestyle niche
The technology driven business plans to fill ‘a significant gap in personal lines etrading’ says founder
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NewsJacqueline McNamee’s insurtech MGA plans rapid expansion
The insurtech MGA’s chief executive McNamee says the firm is in a ‘strong position’ to drive exponential growth
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NewsAllianz could gain a competitive advantage via insurtech partner’s instant claims strategy
GlobalData believes that targeting immediate claims payouts is a ’good strategy’ from Allianz
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NewsData enrichment impact in insurance must be thought about ‘critically’ – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Duncan Minty founder of Ethics and Insurance discusses the risks around data enrichment
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NewsInsurtech UK calls for end to VAT regime for insurtechs ahead of Spring Budget 2021
The trade body discusses the challenges that insurance premium tax causes the insurtech sector in the run up to the topic potentially being debated later this week on 3 March
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NewsSurveillance of activities could be ‘threat to privacy’ – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Melissa Collett, professional standards director at the Chartered Insurance Institute (CII) explains why insurers must be “explicitly careful” with data
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NewsFormer Aviva chief exec to launch insurtech
The business plans to target the non-prime and standard segments of the UK motor insurance market
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NewsInsurtech Trõv partners with electric vehicle sharing company
This partnership is part of the insurtech’s expansion plans
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NewsGeneral insurance market faces ‘fundamental changes’ – EY’s Tony Sault
Tony Sault, EY’s head of general insurance, tells Insurance Times what challenges the insurance industry might face over the next few years following the fallout from the pandemic, the Supreme Court business interruption case and the FCA’s pricing review
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NewsControl systems are in cyber criminals’ crosshairs, warns report
The London market has been warned it needs to better understand the rising threat of cyber attacks to industrial and manufacturing facilities, as criminals switch their focus to find new ways to extort and disrupt businesses
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NewsData holds a ‘huge opportunity’ for the insurance industry – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Allianz’s Chris Wyard discusses the pros and cons of decision trees
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News‘Challenger’ insurtechs are attracting ‘customers who have never bought insurance before’
Sønr’s chief executive outlines innovative way certain types of insurtechs are pulling in new business
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NewsUnderwriting training simulator created for Hiscox
There is a shortage of skilled underwriters in the sector, according to Hiscox - the simulator will address the skills gap
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NewsConsumers still ‘cautious and sceptical’ over how insurers use data – FOIL
Speaking at a Forum of Insurance Lawyers’ (FOIL) webinar last week, Duncan Minty, founder of Ethics and Insurance, says that if insurance intends on being successful with innovation, it needs to close the trust gap with consumers
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NewsArch inks deal with insurtech Concirrus
Arch will be using the insurtech’s intelligence platform which can provide advanced premium forecasting
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Newse-trading Q&A: NIG sees significant uptick in inbound calls and email traffic amid Covid-19
NIG has spotted an increase in inbound calls at its etrade operations and claims centres with many brokers seeking guidance on policy coverage during the coronavirus crisis, Insurance Times etrading 2020 results are also now available
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NewsHome & Legacy seeks to improve e-trading broker interaction by keeping human element
Following its recent move to make claims part of its online journey, Home & Legacy’s managing director Barry O’Neil speaks to Insurance Times’ head of research Savan Shah about how well the high net worth broker market is being served by e-trading and the challenges it faces
