News – Page 5
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Hiscox goes live with AI proposition for brokers
’We can deliver tangible benefits for customers, while freeing up our underwriters from manual tasks,’ says chief executive
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Inzura chief executive steps down to head up new cyber insurtech
The appointee felt ’it was time to focus on a specific area in cyber insurance that was being left behind’
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Jensten Group partners with Manchester-based startup to strengthen risk management strategy
’Risk management remains a core aspect of our business development,’ says Jensten’s chief risk and compliance officer
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New travel-focused MGA launches
’We will be focusing on more innovation to improve our customers’ experience of insurance,’ says chief executive
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Acturis details plans following private equity acquisition of majority stake
’We are at the coalface and in a good position to shape and lead the charge’ on eTrading, says chief executive
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Vipr snaps up new global head of customer success
’Her industry experience and successful track record of achievement make her an ideal fit,’ says chief executive
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Global insurtech funding surges in Q2 2024 – Gallagher Re
’This year’s emphasis on AI will assist businesses in navigating the challenging process of comprehending the fundamentals of AI,’ says global head of insurtech
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Recorder appoints ex-CFC leader as head of insurance amid continued expansion
’Her subject matter expertise and extensive network within the London insurance market will undoubtedly help Recorder to accelerate its mission of delivering more commercial insurance products via APIs,’ says co-founder
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Wrisk reports 219% year-on-year growth in H1 2024
’Our figures for 2024 are testament to our ethos of continuous improvement,’ says chief executive
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Percayso inks partnership with UK aggregator for vehicle pricing
’We are constantly searching for innovations that improve our efficiency,’ says founder
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Pancentric Digital extends deadline for MGA initiative
’Our focus is on making effective digitisation accessible to as many as possible, driving growth, increasing efficiency and improving margins,’ says founder and director
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Insurtech to expand underwriting footprint after Aviva and Prestige deal
’We’ve built up a good amount of data and we’ve been able to demonstrate over the last five years that we can underwrite with the right level of caution,’ says chief executive
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Ondo reports revenue increase and continued UK growth
’Our focus in [financial year 2025] remains top line growth, driving towards cash flow break even by the end of the financial year,’ says chief executive
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CII teams up with training provider to help plug data skills gap
’If you want to be part of the future, lets teach skills to combine technology and thought processes,’ says chief executive
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More brokers favouring live chat over phone calls for eTrade queries
’We are definitely seeing the shift in terms of brokers enjoying the live chat experience,’ says head of SME trading
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Altus opens London headquarters as it looks to grow insurance arm
’Having recruited significantly in London over the last two years we have outgrown our previous offices,’ says chief executive
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Blueprint Two’s ‘continual slippage’ in delivery raises market concerns
’The delayed progress is down to an underestimation of the scale of the project by market participants themselves,’ says chief executive
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Recorder aims to give brokers ‘competitive edge’ with AI platform
Brokers should not restrict themselves to collaborating with just one tech provider – insurtech chief commercial officer says its ability to ‘play nicely’ with other software firms can benefit brokers
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Pancentric Digital initiative to boost MGA digital transformation
’It’s not about eliminating spreadsheets but rather working with familiar tools to facilitate ease of use,’ says founder and director
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Markel inks deal as it looks to strengthen underwriting processes
’Technology transformation is at the forefront of our strategic ambitions at Markel,’ says international chief operations officer