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Insurtech secures further funding to support growth
’We’re excited to expand our capabilities to reach a broader user base,’ says co-founder and director
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Stock market crash creates ‘ripple effect’ for insurtechs
’This market turbulence can be particularly challenging for fintech and insurtechs,’ says chief operating officer
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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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Insurers could see claims increase as mass IT outage grounds planes
’An IT system outage means wait times are longer than usual,’ warns one airport
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Zurich names UK ‘wildcard’ winner in 2024 Innovation Championship
’As technology continues to advance rapidly, we must keep innovating at pace,’ says group chief innovation and digital officer
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Ongoing pressure points provide industry ‘opportunity’ – John Mullen
’With data and technology coming together, I believe we’re at a generational turning point,’ says president
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Zurich ‘well-positioned’ with launch of updated AI platform
’AI brings tremendous opportunities to improve the ways we work,’ says chief information and digital officer
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Almost half of insurance workers not comfortable using AI for high risk activities
However, new research highlighted that most employees are set to embrace new technologies
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UK Treasury grants Gibraltar approval for captive regime
’There is the possibility for a future alignment between Gibraltar and the UK in the captive [sector],’ says minister
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Big technology players to keep insurance industry ‘on toes’ in 2024
’These companies will not let a rounding error correction prevent them from increasing their insurance offering,’ says markets director
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Ardonagh Advisory finishes ‘remarkable year’ of M&A with broker buy
’We’re looking forward to working with Ardonagh,’ says managing director
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Genasys inks deal to support digital evolution of medical and dental indemnity provider
’We are focused on being a genuine partner to deliver real results,’ says chief executive
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Majority of UK insurance executives investing in AI and machine learning
’Businesses are exploring how they can build trust with existing and potential new clients,’ says head of platforms, strategy, operations and venture
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Revealed: Insurance Times’ Tech and Innovation Awards finalists 2023
The finalist shortlist for Insurance Times’ Tech and Innovation Awards 2023 is in, have you made the cut?
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Upsure partners with Australian broker network to support UK insurtechs and MGAs
’Australia presents a unique opportunity for UK and European insurtechs and new MGAs,’ says chief executive
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BrokerFest 2023 in pictures
Missed out on some of the sessions at BrokerFest 2023 on 23 February 2023? Check out Insurance Times’ photos of the event
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Tractable and Verisk partner to reduce property damage claim settlement times
The duo hopes to support insurers in the face of ‘ever changing climate woes’
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Ticker launches driving convictions insurance product
Drivers with convictions often have problems securing cover and this product aims to plug the gap
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Markerstudy-owned firm aiming to ‘transform’ commercial fleet safety with AI proposition
The technology could cut claims costs by £2,000 per detected claim
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Manifesto 2023: IPT rate should be frozen
The financial burden on insurance buyers has grown significantly according to Biba, and IPT has reached a record high