TechTalk
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News Analysis
Briefing: Office vs remote working – does in person working really foster innovation?
Innovation is key for insurance firms to maintain a competitive advantage, but many firms lack the flexibility that drives it
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News Analysis
TechTalk: Uptick in chief artificial intelligence officers joining insurance c-suites
AI ’doesn’t fit squarely in technology [roles] because data is involved’, therefore more firms have begun hiring chief artificial intelligence officers, says chief executive
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News Analysis
Briefing: Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, should an active model to cyber insurance be adopted?
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News Analysis
TechTalk: Crypto stock market crash could burst AI bubble for insurtechs
’The downturn in the crypto markets signals a period of heightened caution and strategic reassessment’, says chief operating officer
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News Analysis
Briefing: Why the Crowdstrike IT outage is a ‘wake up call’ for the insurance industry
’The losses we saw for Crowdstrike are not even close to the losses for a cloud outage,’ says chief executive
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News Analysis
TechTalk: Brain drain hits claims sector – but will AI hamper the hiring of new talent?
With artificial intelligence doing tasks typically assigned to entry level starters, how is this impacting career routes and talent in claims? Insurance Times explores the issue…
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News Analysis
Briefing: Cryptocurrency risk landscape is shifting – will insurers step up?
Insurers have steered clear of insuring crypto as it’s a volatile market – but following a recent deepfake scam, is it time to rethink this emerging risk?
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News Analysis
TechTalk: A short history of eTrading – and its future in the market
’To me, eTrading is like water running through pipes – it’s a facilitator. Any modern insurer or broker now just expects it to be there,’ says managing director
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News Analysis
Briefing: Two Insurtech 50 firms collapse amid continued investor caution
’Investors are becoming more democratic in their funding allocations,’ says global head of insurtech
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News Analysis
TechTalk: Climate change focused insurtechs support insurers to ‘insure the uninsurable’
Industry needs to ’adopt new technologies to future forecast’ because developing climate change risks are ’harder to insure as you can’t rely on historical data’, says senior manager
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News Analysis
Briefing: Who’s afraid of open insurance?
Legacy systems have slowed down the progression of open insurance, but the benefits for insurers and brokers are clear – and insurtechs are vital
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News Analysis
TechTalk: Impact of simplified R&D scheme for insurtechs and startup brokers is ‘yet to be seen’
Brokers and MGAs investing in software that is new, improving a process or addressing an uncertainty could benefit from R&D tax relief
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News Analysis
Briefing: Insurtech is still a man’s game – but it’s changing
Historically, insurtech has been considered a male domain – but how are emerging technologies opening up opportunities for women to progress their careers?
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News Analysis
TechTalk: AI code of conduct is a start – but ‘comprehensive governance structure’ still needed
’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics
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News Analysis
Briefing: New angel investing rules could worsen ’existing disparities’ for female insurtech bosses
’The recent changes to the high net worth threshold in the Treasury startup coalition angel investment rules are concerning,’ says chief executive
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News Analysis
TechTalk: Gibraltar making moves to attract innovation
The British overseas territory has been evolving as an insurance ‘centre of excellence’ with a fantastic support network for insurtechs, but is keen to diversify away from its most dominant line of insurance
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News Analysis
Briefing: Post Office scandal reawakens AI concerns
AI-powered chatbots have been known to hallucinate and spit out ‘unpredictable’ results, but could faulty software accounting systems from the late nineties be a sign of what’s to come with the technology?
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News Analysis
TechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await
As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
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News Analysis
Briefing: Educating policyholders on pet health could reduce claims
’Nobody wants a sick pet, it’s bad for the pet and it’s bad for pet parents,’ says chief marketing officer
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News Analysis
TechTalk: AI uptick could see firms needing insurance to cover ‘mishaps’
While the onus for responsible use of AI currently lies with the regulator, should the insurance sector be addressing these concerns as a matter of priority?