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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 ...
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...
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 ...
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 ...
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...
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...
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...
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 ...
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 ...
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 ...
GB Underwriting joins Specialist Risk Group
The MGA specialises in construction and provides property and liability cover via UK brokers.
Specialist Risk Group buys construction sector MGA
Chief executive Downey says 'developing a market leading MGA capability is a central element of our strategy' for 2021
Inflexion plans to build another “powerhouse”...
Partner Carl Wormald tells Insurance Age he is keen to build up another UK regional broker following the private equity provider's sale of Bollington Wilson to
New Dawn Risk’s UK division to serve ‘clear demand’ for b...
During these challenging times, there has been a demand in the UK market for alternatives to big brokers that still have the expertise to help businesses
Willis Towers Watson unveils new cyber risk assessment se...
British insurance brokerage Willis Towers Watson has launched two new cyber risk assessment services to help clients handle cyber risk better.
BLW takes director from Gallagher as it expands into Scot...
Sandy Brownlee joins the wholesale broker to maintain and develop relationships with Scottish brokers and direct customers.
Gallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M&A activity of the year
Uinsure adds Covéa Insurance to its broker platform
Uinsure is seeking to grow broker distribution of home insurance products.
Uinsure boosts its platform with its seveth member Covéa ...
Covéa Insurance has landed on the Uinsure Adviser Platform, joining the likes of AXA, Ageas, and UK General, adding another boost.
New Dawn Risk targets regional brokers
The Lloyd's broker has set up a UK division in order to partner with regional providers and offer direct products.
Shell Ventures backs British insurtech startup Humn
Founded in 2018 and a team of ~15, Humn has built a solution that consolidates the traditionally separate categories of fleet insurance and risk management to solve an overridin...
Dawn Risk launches UK division as alternative to big brok...
Specialty intermediary New Dawn Risk has launched a new division focused on the UK market, to offer buyers an alternative to the big brokers. The new operation will offer liabil...
ThingCo secures $4.2 million
Founded in 2018 by Mike Brockman (Founder and ex CEO of Insurethebox), ThingCo (a team of ~11) is focused on developing next generation telematics.
Thousands of UK financial services firms at heightened ri...
The UK’s Financial Conduct Authority (FCA) regulator has found that 4,000 smaller financial services firms in the country are at heightened risk of failure because of Covid-19. ...
Pen Underwriting extends £165m Zurich capacity deal
The capacity will provided over the next five years to cover hazardous industries and tanker transportation.
Pen Underwriting Extends Long-Term Partnership with Zuric...
Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist area of
Tennessee-Based Sedgwick Names Fisher Chief Data Officer
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions headquartered in Tennessee, has appointed Adam R.
UK Insurtech Hiro Announces Plans to Launch Equity Crowdf...
Hiro, a UK-based insurtech startup, announced on Tuesday it is planning to seek
funds through equity crowdfunding platform Seedrs. The company describes ...
Specialist Risk Group acquires equestrian broker
KBIS was established in 1991 and specialises in horse, horsebox and trailer and equestrian business cover.
Partners& buys Focus Oxford Risk Management
The business specialises in science and technology and private clients.
UK Broker Specialist Risk Group Acquires KBIS British Equ...
Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has acquired KBIS British Equestrian Insurance, a well-established
On complex renewals, non-concurrency & the need for ...
The January 2021 reinsurance renewals were a more complex affair, which resulted in a trend to more non-concurrency in placements, according to broker Guy
Admiral sells Confused to Zoopla-owner for £508m plus acc...
Zoopla parent ZPG Comparison Services Holdings finally snags an insurance aggregator after Go Compare rejected its advances in 2017.
Verex launches insurance solutions for vehicle manufactur...
Using cutting-edge technology and connected car data management solutions
Verex will be offering a range of services including; Usage Based Insurance (UBI
), ...
Specialist Risk Group to be acquired by HGGC
The private transaction is expected to close in Q1 2021, subject to regulatory approval.
Willis Towers Watson establishes new partnership with Pol...
Companies tie up to develop insurance solutions. ... be derived from unstructured
data processed through Polecat's artificial intelligence and machine learning.
Investment platform Seedrs aiming to become ‘go to&...
Investment platform Seedrs aiming to become 'go to' funding source for insurtech
... revealed its plans to become the “go to” investment platform for insurtechs.
New Worry+Peace platform targets brokers
The broker and insurtech aims to support professional indemnity insurance
Cazoo to acquire UK’s car subscription service Drover
The deal will combine Cazoo’s brand, platform and funding with Drover’s expertise and relationships in car subscription and, once integrated, will enable Cazoo to give its custo...
Worry+Peace launches new platform
The business says the tool, which is targeted at brokers, insurers and MGAs, is designed for non-core business lines where a fully e-traded system would be too
Marmalade unveils pay-as-you-go policy for young drivers
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record
Carbon Underwriting bolsters data analytics team – ...
Alexander Scott, who previously worked at AXA as its insurance pricing analyst
and machine learning and data analytics specialist, has been appointed Carbon
...
Move towards virtual care in wake of COVID-19 leads to ne...
Virtual care insurance aims to cover gaps in coverage like tech and media ... As
technology-based healthcare becomes more of a reality, especially in the wake ...
Aegon income protection policy now on UnderwriteMe platform
UnderwriteMe has announced that the personal income protection policy from Aegon is now live on its Protection Platform providing more access.
Alison Meckiffe steps in as Endsleigh CEO
Meckiffe replaced Jeff Brinley who recently joined Be Wiser as chief financial officer.
On-Demand Access to Telematics-Based Driving Behavior ...
On-Demand Access to Consumer-Driven Telematics Data ... consumers and
regulations in mind to deliver driving behavior information to the insurance
industry.
Marmalade launches Pay As You Go car insurance
Underwritten by Ageas, the policy allows young drivers to pay for an initial package of 500 miles from £195, arranging an automatic top-up of 100 to 500 miles when they have 50 ...
Marmalade launches UK’s first Pay As You Go car insurance...
Underwritten by Ageas, the policy allows young drivers to pay for an initial package of 500 miles from £195, arranging an automatic top-up of 100 to 500 miles when they have 50 ...
Ageas launches video account management service for brokers
Provider creates team of three to help support regional brokers online.
Concirrus automates digital portfolio management for marine
Insurtech firm Concirrus has announced that it will automate its digital portfolio management for marine insurance business with a new algorithmically
LV= Broker signs five-year cloud-based pricing deal with ...
Using the insurtech's cloud-platform will allow brokers to instantly respond to market conditions
Decentralized insurance service Nexus Mutual launches cus...
Decentralized finance insurance service Nexus Mutual has launched a crypto
asset custody coverage. According to a Dec. 2 announcement, Nexus …
Specialist motor insurer boosts expansion plans by backin...
The insurer will work with Arch Managing Agency Limited to transfer managing agency responsibilities in the next few months, but this is subject to Lloyd's approval
Tasker Insurance Brokers buys specialty broking business
Tasker aims to continue its growth and has a key focus on acquiring broker businesses and new talent
Akur8 and Canopius partner to enhance insurance pricing p...
AI-enabled insurance pricing insurtech Akur8 has joined forces with Canopius to enhance the pricing process of the latter’s digital offerings.
Concirrus launches new automated digital portfolio manage...
Concirrus has announced a fully automated, algorithmically driven underwriting
application for Marine Insurance. A company or syndicate can use the.
Insurance Times Awards finalist 2020 Q&A: Goodlord a...
This month the winners for Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
DueDil solves ongoing regulatory compliance and risk sele...
3, 2020 /PRNewswire/ -- London-based RegTech DueDil enhances its Know ...
insurance companies, and with the regulatory landscape constantly evolving, it is
...
Sedgwick buys Stericycle’s product recall business –...
Sedgwick has acquired Stericycle’s Expert Solutions business, which helps companies protect their brand from the impact of product recalls and remediation. Sedgwick said the acq...
London-based regtech Kamma bags £1.6M to tackle property ...
To solve this, London-based RegTech platform Kamma offers proprietary ... from
landlords and agents through to insurance companies and mortgage lenders, ...
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