News – Page 9
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NewsGoogle urges insurers to tap YouTube for better customer connections
’Insurers and price comparison businesses are able to tell their stories with creative freedom with a multiformat approach,’ says managing director of financial services
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NewsGeospatial analytics insurtech appoints chief revenue officer to lead European expansion
The new appointee will be based in London to support growth agenda
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NewsWatch: Insurance firm’s go at classic heart warming Christmas advert
’I wanted to tell a story that I knew would resonate within the industry,’ says vice president of marketing
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NewsPolicy Expert targets £500m GWP as capacity deal announced
’We are delighted to agree this multiyear deal,’ says chief executive
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NewsGenerative AI-backed predictive modelling underpins market ‘overperformers’ – Guidewire
’Generative AI [is] able to get all that unstructured data and make structured elements – [it] fuels the ability to create models,’ says senior vice-president
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NewsSmall business insurtech announces new PI product
’We want to unite UK businesses to help them grow and share in our profits,’ says chief executive
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NewsAI helping insurers cover losses more proactively – Guidewire
New technology is making ’insurance more transparent, accessible and easier to understand [for] consumers’, says director
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NewsAI helping underwriters spend more time in-person with brokers
’AI can help firms gain a competitive edge by removing admin from the underwriter, so they can spend more time in meaningful discussion,’ says managing director
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NewsGuidewire to update platform to help firms streamline claims management
’Guidewire’s AI powered applications will help insurers improve risk selection and pricing,’ says chief executive
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NewsVenture capital funding for insurtechs projected to hit $4.2bn by end of 2024
There is ’a positive rebound’ for VC-backed insurtechs, with ’series B funding picking up’, says chief executive
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NewsBackchat: November 2024
A mummified cat, a third birthday, a golden retriever and a new video series on reinvention. What has the insurance industry been up to of late? You heard it here first…
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NewsOptalitix inks new partnership to help underwriters
’Having worked in insurance pricing for over 30 years, I realise the importance of underwriting for the industry,’ says co-founder
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NewsQuantee inks long-term deal to help insurer with pet pricing
’There is a responsibility and regulatory requirement from insurers to provide fair pricing to the consumer and to be transparent,’ says director
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NewsAI focused firms secured majority of insurtech funding in Q3 2024 – Gallagher Re
The quarter has seen a ’shift towards a more even distribution of capital, reflecting a maturing and stabilising industry,’ says global head of insurtech
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NewsAxa UK inks deal to boost female representation in data and technology roles
’This collaboration means we can create more opportunities for women in data roles,’ says head
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NewsEarnix inks deal to help insurance firms deliver more personalised products
’Earnix recognises the potential for growth and innovation in the UK insurance market,’ says head of business development
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NewsInsurance industry ‘right on the cusp’ of using AI for improved underwriting judgement
’A drive in productivity and improved judgement just allows us to insure more,’ says chief executive
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NewsMGA hires former Wakam head as chief underwriting officer
’He is a great fit to drive our underwriting strategy forward as we continue to build new products, pursue acquisitions and expand the team,’ says chief executive
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NewsMGA secures QBE seed funding for ‘algorithmic trading proposition’
Both firms believe algorithmic trading presents opportunities for growth in the future of insurance
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News‘Travel insurance market is buoyant’ following Crowdstrike incident – Blink Parametric
’Around 30,000 flights are delayed globally every day and that number more than doubled on 19 July 2024, when CrowdStrike’s security upgrade triggered a global IT meltdown,’ says chief executive
