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Articles
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...
Lloyd’s new ILS vehicle an “efficient mechani...
The new Lloyd's sponsored protected cell company that was announced last week, London Bridge Risk 2 PCC Limited, represents "an efficient mechanism" for
Arthur J. Gallagher & Co. Acquires UK Risk Managemen...
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Another Day Ltd. Terms of the transaction
Ben raises $16 million
Ben offers flexible employee benefits.
Convex makes “strategic investment” in insurtech Quotech
Specialty insurance and reinsurance company, Convex Group Limited, has made a “strategic investment” and acquired a 7.7% share in Quotech, an
Lloyd’s announces new and improved London Bridge PCC vehi...
The specialist Lloyd’s insurance and reinsurance marketplace has received approval to establish a second protected cell company (PCC)...
Seventeen Group snaps up Bryce Smith & Partners
Seventeen Group has completed the purchase of London-based Bryce Smith & Partners for an undisclosed sum.
Jensten Group Acquires UK MGA Origin UW
The Jensten Group, the London-based independent insurance broking group, has completed the acquisition of Origin UW Ltd., following regulatory approval.
Jaime Swindle becomes CEO of the UK commercial MGA at Geo...
Jaime Swindle has started a new position as CEO of the UK commercial MGA at Geo Underwriting having moved across to the unit's leadership team in December.
Embedded insurance is free insurance
Free 6 months insurance to Renault ZOE buyers via Heycar.
Insly’s welcome return to MGAA 2022 Conference – Insly
Insly were delighted to attend this year's MGAA 2022 Conference in London (29th June 2022), after a three-year break.
Gallagher reports UK organic growth of 8%
Gallagher achieved 8% organic growth in the UK in the second quarter of 2022, Simon Matson EMEA CEO at the firm has confirmed.
Aon confirms Q2 financial results
Chief believes the company is "well-positioned"
AXA XL’s Paul Howard lays out insurance giant’...
He explains why it's not a one-size-fits-all opportunity
Spring launches SME cyber cover
Spring Insure has launched a commercial cyber offering tailored for small and medium sized enterprises.
Beazley ties up with Insurity to automate distribution
Beazley has forged an alliance with Insurity, which provides cloud-based software for insurance carriers, brokers and MGAs.
SCOR taps into Concirrus data modelling capabilities
Meet the insurtech: Ripe Thinking
The time is ripe for the U.K. microservices-based digital underwriting platform to expand on successes to date in its market
Verlingue reports £121,807 costs after cyber attack
Verlingue UK’s Companies House filing for last year has shown that an attempted cyber attack in November 2021 cost the business £121,807.
First Underwriting launches real estate product range
First Underwriting has added real estate expertise to its team and launched real estate product lines as it seeks to expand from its core motor proposition.
Aon releases new transaction insurance claims report
Report offers industry-wide assessment of activity in the market
Movo buys into insurtech Durell
Movo Investment Group, the investment arm of Movo Group which includes appointed representative network Movo Partnership, has bought a 50% stake in insurtech
Harford Mutual Selects One Inc ClaimsPay to Improve Reimb...
The Mid-Atlantic commercial carrier will integrate One Inc’s ClaimsPay technology with its claims administration software provider, Origami Risk.
Cowbell Cyber Increases Underwriting Capacity with Paloma...
18 hours ago ... Cyber-insurance provider Cowbell Cyber has increased its underwriting capacity ... Cyber insurance with woman in white shirt and various digital icons.
Biba continues partner push with Arch Insurance
Arch Insurance has joined the British Insurance Brokers’ Association as a partner following in the footsteps of recent additions Covéa Insurance and Travelers
DXC UK pension scheme agrees $1.3 bln insurance deal with...
European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money...
Settlement Delays Likely to Worsen UK Motor Insurance Cla...
Delays in motor claims processing may be hiding the true threat of inflation to insurers, according to global broker WTW in a benchmarking report that
Honcho shuts down marketplace
The UK-based startup said it found it difficult to acquire customers in a highly competitive space.
AXA UK launches five new tiered home insurance products
The new products will initially launch to customers direct from AXA UK and through Compare the Market.
Penny raises $4.8 million
The startup plans to launch in California in the next few years.
Cowbell Doubles Underwriting Capacity With Palomar
Cowbell Cyber said it reached an agreement with Palomar Excess & Surplus Insurance Company to double the available reinsurance capacity for Cowbell
YuLife raises $120 million
In April, we reported that YuLife is entering the US.
Yonder gets into travel insurance
The startup partnered with AXA.
Insurtech startup Konsileo raises £4.7m funding | Insurte...
Insurtech company Konsileo has raised £4.7m in a Series A funding round, with £3.2m provided by previous investors Committed Capital...
Konsileo raises £4.7m
The UK-based company serves a variety of sectors such as construction, manufacturing, and real estate.
Five existential questions for brokers on net-zero
Zurich UK introduces smart building proposition
Insurer CEOs list inflation, global instability among pri...
Cleo raises $80 million
The Cleo app has a variety of features including budgeting, saving, borrowing, building credit, and more.
Duck Creek to Acquire Commercial Reinsurance Systems Vend...
The acquisition of the Paris-based SaaS software provider is aimed at expanding Duck Creek’s global footprint across EMEA and APAC.
Biba white papers and research reports – Insurance ...
Biba
Policy Expert up for potential £1bn sale
Sources have reported that options are being explored for a potential £1 billion sale of UK digital home and car insurer Policy Expert. Bloomberg writes
Allianz X backs ESG Book
ESG Book's platform makes sustainability data more widely available and comparable for all market stakeholders.
Zego partners with Ryde
Ryde is an on-demand logistics company connecting businesses with last mile delivery riders and drivers.
Nationwide teams up with CMT on driving notifications
The new DriveWell Messaging platform provides automated customer engagement to improve driver retention and roadway safety.
CloudStratex transforms Munich Re’s tech potential with s...
Artificial Labs raises $11.6 million
Participants included Force Over Mass, Mundi Ventures, No. 9 Investments Limited, and MS&AD Ventures.
Insurance Platform Provider INSTANDA Raises $45 million t...
ARAG data provides clinical injury insight
ARAG relies upon a wealth of data, gathered over decades, not just to make underwriting calculations about a given product or scheme, but also in explaining those products to a ...
Insured Nomads bolsters travel confidence with acquisitio...
Newly acquired TryPeanut.com removes risk before booking by revealing instant intelligence about visa and insurance rules, weather and Covid-19, and has found it's new home at I...
Marsh McLennan Agency Selects Applied as Go-Forward Techn...
National agency to migrate from legacy technology to a single, unified technology platform with Applied Epic and Digital Agency technologiesUNIVERSITY
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