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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 ...
Insurtech ILS specialist eyes capacity entrance into UK m...
Insurance-linked securities specialist Ledger is eyeing an entrance into UK motor, backing managing general agents.
Hiscox adds former Prudential CEO Jonathan Bloomer as chair
Hiscox has appointed Jonathan Bloomer as chair designate, joining the board on 1 June 2023, and succeeding Robert Childs, who will retire on 1 July 2023.
Verisk acquires UK insurtech
Company provides software to brokers and MGAs
Insurer Aviva Says UK Demand for Private Health Jumped Am...
UK insurer Aviva Plc said demand for private health care continued to surge as more individuals and companies look for alternatives to the National Health
Amazon UK adds a new insurance provider
Amazon is now featuring Policy Expert.
Local insurtech startup Root expands to the UK
Root COO Charlotte Koep says the company’s first foray into global markets is proving encouraging: “There is a real appetite across the UK insurance…
RSA launches Superyacht practice
The new practice will provide comprehensive cover for owners of superyachts.
Insurtech gains momentum in the UK
Insurance apps are gaining momentum in the UK as one in 10 adults use Android apps to manage their insurance policies. This is according to analysis conducted by…
Direct Line Group moves to the heart of London
Riverbank House will become the Group’s new home in summer 2023.
Amynta Group Completes Buy of Brit’s Ambridge Group
Amynta Group said it has completed its $400 million acquisition of Ambridge Group from Brit. A multi-year strategic partnership had previously been
Introducing Zurich Club Blue
The new service also includes monthly business development webinars which offer insights on the most challenging industry issues as they emerge.
Biba renews Lockton PI partnership
The British Insurance Brokers’ Association has renewed its professional indemnity accredited broker contract with Lockton for a further three years.
Biba seeking new HNW schemes provider due to Home & ...
The British Insurance Brokers’ Association is searching for a new high-net-worth schemes provider, and will be ‘seeking tenders from alternative providers’ in
The portfolio challenges of 2023 – and a path forward
Conning offers its views on the major insurance portfolio challenges, the risks they pose, and how insurers might address them.
Lockton looks to educate insurers about blockchain techno...
Digital Insurance spoke with Sarah Downey, managing director, blockchain advisory leader and financial services claims leader at Lockton Companies, the global insurance brokerag...
Biba urges Government to bring forward ban on sharing pro...
The British Insurance Brokers’ Association urged the Government to bring forward legislation to ban the sharing of commission with property managing agents,
Hiscox picks group claims director
New leader joining in July
Yutree restructures board with new CEO and MD
Kevin Hancock stepped up to CEO at Yutree Insurance with Laura Hancock promoted to succeed him as managing director.
Ardonagh Advisory to Buy HNW Broker Stanhope Cooper, MGA ...
Ardonagh Advisory Holdings Ltd., a subsidiary of The Ardonagh Group, announced, it has agreed to acquire a majority shareholding in leading High Net Worth
LexisNexis Risk Solutions becomes Biba associate
LexisNexis Risk Solutions has become the 43rd associate of the British Insurance Brokers’ Association.
Direct Line acquires By Miles
The acquisition has negligible impact on the Group’s capital position.
Howden raises over $1.1 billion in equity and debt
The money will be used for M&A, new initiatives and bringing on new talent.
Yonder raises £62.5 million
Yonder offers a "modern rewards credit card" that includes local rewards and worldwide travel insurance.
NFU Mutual selects FRISS to streamline trust throughout t...
"By partnering with FRISS, we can streamline our processes, reduce fraud risk, and provide a faster and more efficient service to our customers."
Aviva Supercharges Investment in Aviva Ventures by US$185...
viva is increasing its investment in Aviva Ventures by US$185.5 million, with the aim of investing in early stage businesses that offer new opportunities and insights into emerg...
Verlingue to open Birmingham office in growth push
Verlingue has revealed plans to open an office in Birmingham by the summer as part of its strategy to expand in the Midlands and South West of England.
Insurity Expands its Cloud-Based Sure Underwriting Workbe...
Lockton strengthens GREAC team
New SVP joins company's expanding construction practice
Brokerbility refreshes proposition to build back better
Brokerbility has launched a five-band framework as it seeks to grow its community of brokers, Insurance Age can reveal.
Aviva commits additional £150 million to Aviva Ventures
Aviva is also announcing the new fund’s first investment.
Lloyd’s joins Biba as a partner
Lloyd’s has become the 21st partner of the British Insurance Brokers’ Association.
NFP snaps up Gravity Risk Services
Acquisitive broker NFP has bought Gravity Risk Services for an undisclosed sum.
Ecclesiastical urges brokers to help HNW clients protect ...
Ecclesiastical has warned that with rising inflation and the cost of living crisis, wealthy individuals and their home offices are prime targets for criminals,
AssuredPartners-owned PSP seals two more deals
AssuredPartners-owned PSP Group has agreed to acquire the general insurance business assets of Sterling Select Insurance Services and Castle Sundborn.
Is the MGA motor market braced for casualties amid a perf...
Motor MGAs are suffering as they battle high claims inflation and tougher reinsurance conditions. With more players expected to exit standard motor, Saxon East
Trium Cyber Launches Excess Program Powered by Origami Risk
Trium Cyber can now accept submissions from agents and brokers and quickly generate multiple quote options for excess cyber coverage following a three-month implementation.
Menopause: What progress is the insurance sector making?
Menopause is becoming an issue where more and more insurance firms are raising awareness, offering staff support and embracing progressive policies. But how far
Pen Underwriting CEO eyes more M&A to get closer to ...
Pen Underwriting CEO Tom Downey claims the business is on track to hit its £1bn GWP target within three years - and that it will reach it by both diversifying
Pen adds £90m of GWP with marine MGA buy
Pen Underwriting has bought Tay River Holdings and its wholly owned marine specialist subsidiaries Vessel Protect, Trafalgar Marine Trades and BMM Ports &
Zurich UK detects 31% increase in fraudulent property claims
Zurich UK detected a 31% increase in fraudulent property claims and a 7% rise in fake casualty claims in 2022, the insurer calculated.
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.
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