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Articles
Library: Hiscox – Employers’ Liability Act: how it affects business insurance
Executive summary The Employers’ Liability (Compulsory Insurance) Act was introduced in 1969 and makes employers accountable by law for having a minimum amount of Employers’ ...
To succeed, Life Insurance must deliver a FAIR digital experience
By Martin Werth, CEO, UnderwriteMe. Life Insurance needs to go digital. Digital is more than technology, it’s about strategy and a new way of thinking. Digital is rewriting the ...
Accenture: COVID-19: Navigating the human and business impact on insurance carriers
Executive summary : The COVID-19 pandemic is a global health emergency on a scale not seen in generations. Already it has disrupted the global economy and thrown the future of ...
Altus: Impacts of COVID-19 on insurance businesses
Executive summary : Having read numerous press articles and stories across social media channels and heard a few personal stories myself, the insurance industry is getting a pretty...
InsureTech Connect & TDI 2020 Innovation awards and China Ecosystems
View Session Recordings Watch InsurTech Innovation Awards Watch Ecosystems in China webinar Watch Insurer Innovation Awards Congratulations to Winners Event Statistics ...
Everledger’s Pioneering Blockchain Work for Diamonds
Everledger, a London-based blockchain company, has applied blockchain technology to over 1.6mn diamonds effectively creating a digital twin of the object. This established re...
Homelyfe launches digital insurance platform
UK based, Homelyfe launched a B2B digital insurance platform called “Aventus” which enables businesses to create a white label buying experience for any insurance line, in an...
InsurTech Impact 25 2019
Article Synopsis : Oxbow Partners’ InsurTech Impact 25 2019 report reveals the 25 technology-led businesses it considers to be real movers and shakers in the European insurance...
Insurtech-led change in the Lloyd’s Market: A primer and strategic guardrails for managing agents
Article Synopsis : This report from Oxbow Partners focuses on the Lloyd’s and London markets, which it considers initially viewed insurtech with interest, but little ...
Library: Insurance Times – Using data to address underinsurance post-pandemic – Aviva
Executive summary : Many businesses have changed the way they operate because of restrictions caused by the COVID-19 pandemic, yet few have updated their insurance to reflect those...
McKinsey: Restore and reimagine: Digital and analytics imperatives for insurers
Executive summary : As the world recovers from the COVID-19 crisis, insurers should invest in digital and analytics capabilities that will make them more customer-centric, simple, ...
SAS: Insurance at Risk – The Search for Safety in a Changing World
Executive summary : Why insurers must move to a more proactive, customer-centric operating model to protect their policyholders — and their own businesses — in a post-COVID-19 ...
The future of personal insurance in the UK – excellence or irrelevance
Article Synopsis : There are five key trends in the UK insurance market according to this Oliver Wyman paper, which it says separates the signal from the noise. Baby, you can ...
UK MGA Aqueous Secures Capacity From Allianz, Setting Sig...
Aqueous Underwriting has secured major new capacity following the signing of an initial three-year deal with insurer Allianz Insurance. The move is part
Intact and RSA announce exit from UK personal lines motor...
After a thorough review, RSA is exiting the UK personal lines motor market, representing approximately £120 million of annual premium for the company.
Socotra launches CorePlus, partners with Stripe, Mendix
UK Insurtech Socotra has launched its CorePlus solution as it partners with tech leaders AStripe, Mendix and Snapsheet
QBE Re picks claims head
Company veteran moving to new post in April
Admiral Broadens Partnership With Cambridge Mobile Telema...
Generali UK makes Supercede its Reinsurance Technology Pr...
Generali UK forged a strategic partnership with Supercede, making it Generali's Reinsurance Technology Provider following successful UK trial
Sophos partners with Cowbell Cyber
Sophos clients in the US will be able to share their security health information with Cowbell to better facilitate optimal premium quotes and policies.
Generali UK Adopts Supercede Reinsurance Platform
The insurer was able to reduce manual processing when preparing submission data, using advanced automation tools to standardize data into one consistent format.
Admiral launches LittleBox Pod for UK drivers
The program is available now for UK drivers on price comparison websites.
Hiscox UK launches underwriting academy
Hiscox UK has launched its underwriting academy following a successful pilot in the fourth quarter of 2022.
Hiscox UK launches underwriting academy to develop indust...
Specialist insurer Hiscox UK has launched an underwriting academy after a successful pilot in the final quarter of 2022
Specialist Insurer Hiscox Launches Underwriting Academy i...
Specialist insurer Hiscox UK has officially launched its underwriting academy following a successful pilot in Q4 2022. The Hiscox Underwriting Academy
How to make a profit on cyber coverage
Cyber coverage is said to be broker but can efforts by insurance companies to help clients prevent or reduce losses make it profitable?
Aviva UK Renews Partnership with Majesco
The insurer seeks to improve underwriting profitability and risk mitigation tactics with Majesco Loss Control and GuideStream.
James Kent promoted to group role with Tom Wakefield name...
Gallagher has promoted James Kent to CEO of global insurance strategic relationships, with Tom Wakefield succeeding him as CEO of Gallagher Re after a
Gallagher Re global boss to assume new top post
Replacement also announced
Moore Barlow achieves £9m settlement using ARAG ATE policy
One of the law firms ARAG works with, Moore Barlow, recently achieved a substantial settlement for a young client who developed cerebral palsy after her unnecessarily traumatic ...
Markets/Coverages: Coalition Enters UK Excess Cyber Insur...
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it will enter the excess cyber insurance market in the
Apollo launches new drone insurance facility
Apollo will be providing capacity to Moonrock Drone Insurance.
Inigo opts for pricing software from hyperexponential
Specialty insurer and reinsurer Inigo has announced that it will use the Renew platform from insurtech hyperexponential in an effort to enhance its
UK Insurtech Azur Group Sells Tech Services Unit to Senio...
Azur Group, the UK-based insurtech, has agreed to sell its technology services business to its senior managers, backed by prominent angel investors. The
PPL Next Gen platform goes live after delays
The Placing Platform Limited (PPL) Next Gen platform has gone live for the London market today following several delays to its roll-out. The platform aims
Arthur J. Gallagher & Co. Acquires UK’s Bay Ri...
Arthur J. Gallagher & Co. announced its reinsurance division Gallagher Re has acquired the business and assets of UK-based Bay Risk Services Ltd., a
Switzerland precision meets cutting-edge Technology ̵...
Why choose VIPR? For platform compatibility. Effective platforms don’t operate in isolation. By engaging with VIPR, the Switzerland-based company sought to achieve a seamless in...
Howden to become broking powerhouse in the North after Re...
Reich will add bolt-on acquisitions, becoming the Northern hub for Howden’s expansion into the region, according to Aston Lark CEO Peter Blanc.
Zurich Leads Series B Funding Round For Cyber Insurtech B...
Zurich Innovation Champs, On Your Marks
Zurich Reports Double Digit Boost In Female Senior Hires
RAC Connected offers smart camera systems from Exeros
In addition, the partnership will see RAC Connected telematics solutions offered with Exeros products in all its sales channels including OEM, Tier 1, SME and channel.
CyberSmart raises $15 million
The startup has a partnership with Superscript.
Flock raises $38 million
The London-based sta
Cytora and HDI Global joins forces for digital risk proce...
InsurTech Flock nets $38m
hyperexponential and Supercede Partner to Speed Reinsuran...
Supercede’s technology, which rapidly creates a digital cedent submission pack and instantly attaches this to deal data for onward transmission to markets, will be linked to hyp...
Ageas confirms €23m December freeze hit as UK GWP drops
Ageas has reported an 11% fall in UK gross written premiums in 2022.
Ageas announces full-year financial results
Chief executive calls performance "excellent"
Carbon credit insurtech secures £4m investment
Kita, a London-based insurtech focused on reducing the risks associated with carbon purchases, has secured a £4m funding round. Founded in 2021, Kita…
WhenFresh Creates Property-Level Cladding Dataset for Eva...
The dataset, which will enable insurers to better understand property risk across their policy portfolio, was created with the participation of over 600 RICS qualified surveyors.
Sikoia raises $6 million
The round was led by MassMutual Ventures.
Markets/Coverages: Beazley Launches Private Equity Liabil...
Specialist insurer Beazley has launched a new private equity liability insurance product, designed to focus on the inherent directors and officers
Markets/Coverages: Berkley, Talage Partner for Workplace ...
Berkley Program Specialists said it has partnered with Talage to offer a new product line for workplace violence coverage. This new coverage and service
Ex-Brokerbility boss Julie Rayson-Flynn joins Towergate
Towergate Insurance Brokers has appointed former Brokerbility director Julie Rayson-Flynn to the newly created role of national broking director.
SCOR extends partnership with insurtech Concirrus
Direct Line Group CEO steps down
The insurer is initiating a process to identify and appoint a successor CEO.
Hartford Steam Boiler partners with Amazon Sidewalk netwo...
Water leak and freeze sensors designed by the insurer's IoT subsidiary, Meshify, will connect through the shared network.
Aston Lark announces acquisition of Allegiance Insure | I...
Aston Lark, a Howden company, today announces it has agreed terms to acquire Allegiance Insure Ltd. Based in the City of London, Allegia...
Marsh McLennan names Chris Lay as UK CEO
Chris Lay has been appointed UK CEO of Marsh McLennan in addition to his responsibilities as CEO of Marsh UK, effective 1 March 2023.
Coincover raises $30 million
Coincover provides digital asset protection and it currently serves 300+ businesses.
Aston Lark strikes deal to buy Allegiance Insure
Howden-owned Aston Lark has agreed terms to buy Allegiance Insure in its first acquisition of 2023.
Zurich UK’s P&C operating profit drops to £226m in 2022
Zurich UK’s operating profit from property and casualty business fell £145m year-on-year to £226m in 2022 due to claims inflation and the impact of large losses
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