Technology
Ex-Insure the Box CEO's insurtech to launch in Q2 2018
A telematics solution that uses Amazon Alexa to warn drivers of dangerous driving behaviour will be launched in the second quarter of the year.
Japanese insurer completes buyout of Insure the Box owner
Japanese insurer Aioi Nissay Dowa Insurance Europe has completed the buy-out of Box Innovation Group, which includes the Insure The Box and Drive Like a Girl brand.
CEO of Insure the Box sets up insurtech
Exclusive: Michael Brockman, group CEO of Insure the Box, has launched an insurtech start-up called Thing Co.
Amazon criticised for trying to 'poach' Lemonade staff
Amazon is attempting to poach staff of insurance start-up Lemonade with "obscene" amounts of money, the CEO of Lemonade claims.
Swiss insurtech Go Flink gears up for relaunch
Swiss insurtech start-up Go Flink is to relaunch and release a range of new products to distribute worldwide.
Blog: Driving efficiency and automation by breaking down data silos
Some underwriters are still reviewing data manually but Rodrigo DeCossio, UK insurance lead at Mark Logic, suggests 2018 might be the year to automate these processes and drive more efficiency in underwriting.
CII hires firm to tighten GDPR compliance
The Chartered Insurance Institute has hired a third party data protection officer services in order to help it become compliant for the incoming General Data Protection Regulation.
Insurtech Dinghy secures $1.2m funding round
On demand insurer Dinghy has secured a $1.2m round of funding led by Balderton Capital, which also backed pay-as-you-go insurer Zego.
Insurtech start-up enters UK market with backing from Zurich
Insurtech start-up Laka, previously Insure A Thing, has launched into the UK market with bicycle cover backed by Zurich.
Analysis: Economy 4.0 - Learning to share
The on-demand, sharing and digital sectors - often called Economy 4.0 - bring new risks and challenges for the insurance industry.
Digital Fineprint CEO hails 'insane' year after £2m investment
Insurtech start-up Digital Fineprint has closed a second ‘venture’ investment round by raising $2.7m (£2m) lead by a firm that includes Nutmeg and Fan Duel among its portfolio.
Amazon to participate in funding round for Indian insurtech - reports
Amazon is closing an investment in Indian insurtech start-up Acko, according to reports.
This month in Post: Power, transformation and the rise of the machines
This month, Post casted a musing eye over the year ahead. With Brexit negotiations still waging, the new General Data Protection Regulation coming into effect and Ogden reforms still looming over the industry, 2018 is set to be a busy year.
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
SSP outage cost firm £289,000
The outage to SSP servers that affected more than 300 brokers cost the software firm £289,000, according to company results.
Editor's comment: Will Amazon give a little or take a lot?
I’m a big fan of Amazon. Although I’m not a Millennial, I’m used to getting the products I want delivered to where I want, when I want, without too much fuss.
Urban Jungle secures £1m in funding
Insurtech start-up Urban Jungle has completed a £1m seed investment round.
Post Power List 2018
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Post Power List 2018: GAFA
Google, Apple, Facebook and Amazon
Post Power List 2018: Elizabeth Denham
Information commissioner, Information Commissioner’s Office
Post Power List 2018: Paul Jardine
UK CEO, XL Catlin
Post Power List 2018: Frank Buchsteiner
Managing director, Munich Re UK
Post Power List 2018: Daniel Schreiber and Shai Wininger
CEOs, Lemonade
Post Power List 2018: John O’Roarke
ABC Investors