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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 ...
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...
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 ...
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...
Concirrus launches next generation line-agnostic decision...
This new offering will allow insurers to accelerate their transition to new digital operating models, create new products and drive cost savings irrespective of business line.
Allianz X backs GT Motive
London-based GT Motive is a Software-as-a-Service (SaaS) company that develops solutions for estimating and managing automotive insurance claims, as well as maintenance and mech...
Insurance Institute- Business Interruption Claims
Join us for a dynamic cross-jurisdictional perspective as to the state of COVID-19 business interruption jurisprudence in Canada and two common law jurisdictions: the United Kin...
Foresters Financial Launches Wellness Platform in Partner...
Foresters Go features an intuitive user interface that offers personalized goals and interactive coaching.
UK insurance industry remains ‘bullish’ about London’s fu...
Technology, automation and digital investment are viewed as 'top strategic' priorities by insurance professionals
Global MGAs / MGUs
Latium Technologies partners with Aon
Latium Technologies offers a suite of IoT telemetry solutions that create smarter construction sites through real-time data insight, analytics and alerts.
Marshmallow — A UK Car Insurer Using Big Data To Underwri...
The funding helps Marshmallow attain unicorn status at a valuation of $1.25B. Here are the top-line bullets you need to know.
Ford, LexisNexis teamed up to offer usage based insurance
LexisNexis Risk Solutions ingests and normalizes connected car data through its data platform, the LexisNexis Telematics Exchange, to create driving behavior insights for US ins...
Orchard raises $100 million
Founded in 2017, Orchard’s core product is Move First, which allows customers to purchase their next home and move in before they’ve sold their current one.
Creating an End-to-End Experience: How Telematics Unlocks...
Claims automation is an integral part of the customer lifecycle and is becoming increasingly sought after. Consumers now expect a personalized and convenient experience from the...
Zurich Insurance UK signs three-year green parts deal wit...
The partnership aligns with Zurich's ambition to 'embed sustainability across our business'
New Dawn Risk ‘strongly positioned’ to grow after hiring ...
The broker's new board appointment has 35 years of experience in the insurance industry
Nuon AI raises pre-seed round
Founded in 2020, the startup provides insurers, MGA, and brokers with AI-led tools that can be applied across the insurance value chain.
Lloyd’s syndicate Ki hires new chief technology officer
Ki's chief executive says the syndicate is adopting a 'technology-first' approach to underwriting
Tysers implements cloud-based automation platform
Brokers working with Tysers on a wholesale basis will have access to the proposition which as been designed to streamline processes.
Barclays partners with Simply Business
Barclays serves one million business customers.
Eos hires Zach Powell as General Partner
Eos Venture Partners (Eos), the venture capital fund focused exclusively on the insurtech sector, has appointed Zach Powell as General Partner. Powell
Old Mutual expands investments in innovation
The insurer announced its collaboration with venture capital firm Anthemis Group.
Premium Credit inks telematics, van and home insurance de...
The premium finance provider looks forward to the partnership continuing for many years to come
Graphcore and Tractable bring AI to damage assessment
Tractable and Graphcore are working together to accelerate the use of AI in accident and disaster recovery. Tractable - whose technology makes assessing da
Nephila the first market for Lockton Re auto placement so...
Reinsurance broker Lockton Re and the largest insurance-linked securities (ILS) manager Nephila Capital have worked together on a new automated placement
Admiral improves UK insurance book turnover by £123.6m fo...
Excluding discontinued operations, the insurer's group-wide profit before tax grew by 76% between 2020 and 2021
Quotall launches funding round on Seedrs
After strong momentum in the private round, insurance e-trading specialist launches public crowdfunding round seeking to raise £500,000 to fuel the next
Blenheim Underwriting receives managing agency approval
The strategic move is a 'significant milestone' for the group
Lloyd’s Lab reveals seventh cohort with cryptocurrency focus
Lloyd's Lab also accepted wildcard entries that presented solutions outside the core themes, claims and cryptocurrency
Right Choice buys Moorhouse
The move follows deals to buy Bennetts and the brands Autosaint, Ladybird and First Van.
Direct Line launches standalone cycling insurance product
It provides public liability and personal injury cover to riders
Ed announces full Ki integration into etrading platform
Reinsurance, wholesale and specialty broker Ed has fully integrated Ki’s algorithmic underwriting with its etrading platform TradEd. It’s hoped the
PIB-owned Barbon Insurance Group buys all-in-one lettings...
The deal is PIB Group's sixth purchase this year
PIB’s Barbon adds Rent4sure to portfolio
The provider joins Let Alliance and HomeLet as part of the business’s rental proposition.
The company driving the UK’s digital revolution of ...
Car insurance is a product purchased by many but invokes little passion and excitement. Long call times, excessive questions, and endless paperwork make
As cyberattacks skyrocket, Canada needs to work with – an...
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is ...
Markel UK and Cytora partnership set to accelerate profit...
The insurer aims to become a 'digitally enabled insurance company'
Sabre Insurance to launch flexible motor insurance produc...
The insurer has plans to make the new product available for its 1,000 UK broker partners too
Starling Bank acquires Fleet Mortgages for £50 million
Starling Bank announced the acquisition of mortgage lender Fleet Mortgages in a £50 million cash and share deal.
Aviva backs World Wildlife Fund Canada’s Nature and...
Aviva’s new climate-focused partnership with the WWF builds on its announcement in March this year to target net zero carbon by 2040, the first major insurer worldwide to do so.
Direct Line Group partners with Motability Operations
The new arrangements are expected to take effect in approximately 18 months and continue for 10 years.
Cybersecurity and Privacy Threats and Risks for Life Scie...
21 hours ago ... 1. High Risk Data. Consumer health data, preclinical and clinical trial data, protected health information (PHI) under the Health Insurance Portability and ...
Revolut launches travel booking feature Stays
Revolut, which has over 16 million customers, also has around 9 insurance partners.
Half of UK consumers not loyal to insurer
Recent research from online social networking service Ello shines a light on the challenges UK insurers are facing when it comes to retaining customers
Axa UK rolls out new tool to streamline complex property ...
The tools aims to enable the insurer to provide 'quicker' and 'more advanced' decisions for its customers
AXA UK launches machine learning-driven property claims tool
AXA UK has introduced a new machine learning tool designed to help streamline and accelerate complex property claims. BETSIE (Buildings Enhanced Triage
Two Firms Merging to Capitalize on Embedded Insurance Demand
Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and other e-commerce businesses.
Chubb Makes Senior Appointments to Casualty Team for UK &...
Chubb has today announced two senior appointments to its United Kingdom & Ireland (UK&I) Casualty team. Ben Campey has been appointed London Corporate Casualty Manager, while Ch...
Athene to acquire Foundation Home Loans
Transaction expands Athene's residential mortgage loan origination and investing capabilities.
Tide raises $100 million
The round was led by Apax Partners with Anthemis Group, Augmentum Fintech, Jigsaw, LocalGlobe, SBI Holdings and Speedinvest as participants.
Better acquires online mortgage broker Trussle
Trussle is a UK-based digital mortgage and insurance broker founded in 2015 that provides advice to customers who are looking to buy a home or refinance an existing mortgage.
Tempcover appoints new Partnerships Director to help grow...
Short-term motor insurance specialist Tempcover has appointed Ryan Bendelow as Partnerships Director as part of its strategy to consolidate its success in
Staysure buys ROCK Insurance Group
ROCK Insurance Group, a travel insurance white labelling and affinity deal business, has been bought by UK-based insurer Staysure Group
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