The vast amount of data available to insurance providers in an increasingly digital world offers extraordinary potential for our industry, allowing us to understand our customers better, to refine our pricing and to improve and personalise the relationships...
To celebrate the return of the Post Digital Insurance Collective, I thought I would take another of my periodic looks at some of the newer start-ups in the insurtech space with some connection to the UK.
Mobile professional insurance specialist In My Bag has formally launched with funding from Hambro Perks and the underwriting support of ECIC.
Mis-selling of payment protection insurance has done little to help our industry and the issue of trust for insurance providers.
Read any article on digital insurance and it seems to me that it's all about the insurers.
We're living in an increasingly ‘smart' world. Smartphones have become indispensable to our day-to-day lives and the concept of smart homes and driverless cars is becoming reality.
It’s slightly galling, but at the same time strangely satisfying, when your 11-year-old points out the glaringly obvious.
Insurtech start-up Wrisk will see capacity provided by Munich Re for business written in the UK, Europe and US.
An insurtech start-up will enable tenants to take up a rental contract without putting down a deposit.
Telematics providers were forced to accommodate the change to daylight saving time on Sunday morning with a patched update to hundreds of thousands of motorists.
Live updates from Post's Digital Insurance World event.
UK insurers are struggling to adapt to digital channels of customer engagement, research has revealed.
Technology is currently having the most impact on the insurance industry and customers are more likely to engage with insurance services via apps and websites.
One of the investors behind insurtech start-up Guevara has warned others they will need "a lot of patience” to bear fruit in the insurance market.
After spending decades in the insurance industry on several continents, it never ceases to amaze me how we continuously fail to adapt to change as effectively as other industries around us.
Post Digital Insurance Collective: Aviva CDO Brem - digital needs its own P&L to make it a board room reality
To succeed in the digital space insurer boards need to have the "guts" to make it a strategic priority, pull capital in from elsewhere to prove it, give it its own profit and loss "teeth" and build a few icons to underline a commitment to the cause.
Post Digital Insurance Collective Blog: Design thinking, feeling uncomfortable and three centuries of caffeine fuelled innovation
Following last week's Digital Insurance Collective meeting, I promised to put together a blog consisting of my top eight take homes from my discussions and observations. So here are my thoughts, please share your own in the comment box below.
Insurers need to focus on the "ultimate tailoring" of their offerings and take the plunge on "appification", if they are going to compete with online giants like Amazon.
When Penny decided to move with the times and get rid of her battered old typewriter little did she know that others were not following suit.
I was privileged to be able to attend a roundtable discussion this week on innovation in the insurance space and found the conversation surprising.
The nights are drawing in, Christmas is coming, and retailers are getting fat on the back of Black Friday and Cyber Monday, which have boosted annual high street sales this year to record levels.
Insurers need to wake up to the growing trend of customers using their mobile phones as a “unique” ID, which could help speed up claims payments and improve satisfaction scores.
Insurers are too interested in “hygiene” factors at the expense of how technology might impact their business.
This week Post launches a new exciting initiative, backed by a host of major players in the digital insurance space from start-ups, brokers and forward thinking composites.