Technology
Amazon on a recruitment drive as it takes aim at UK insurance market
Internet-sales giant Amazon is currently recruiting insurance professionals in a bid to disrupt the insurance market in countries throughout Europe.
Blog: Digitise your underwriting, not just your quotes
Insurers have been digitising their application process but not so much their underwriting operations, writes Selim Cavanagh, insurance vice-president at Lexis Nexis Risk Solutions, warning they might be missing on some efficiency gains.
Industry working group to tackle fraud with behavioural science
An insurance industry working group will begin to explore how behavioural science can be used to tackle insurance fraud.
Smart home insurer launches nationwide to provide quotes in under 60 seconds
Smart home insurance provider, Neos, has launched nationwide and will allow customers to manage their policies via an app.
Thatcham sets out driverless cars assessment criteria
Thatcham Research has set out a list of criteria to assess cars marked as “autonomous” or “driverless”.
Failure to innovate now within top five risks facing EMEA financial institutions
Failure to innovate and embrace new technologies is within the top five risks facing financial institutions, with 24% saying they had suffered a financial loss in the last 12 months due to this factor.
XL Catlin's Vincent Branch on the unexpected love affair with AI
Artificial intelligence is already a part of real life but Vincent Branch, CEO of Accelerate, XL Catlin asks how far the love affair will go.
Insurers have 'responsibility to stakeholders' to employ fraud tackling tech
Insurers have a responsibility to their stakeholders to employ technology in the fight against fraud, an audience heard.
Eviid targets insurers with evidential video application
Insurers are being urged to consider an evidential video application as a firm successful in the third-party administrator and loss adjusting markets targets the sector.
Digital Insurance World 2017: Brexit will impact investment into UK insurtech
There are remaining uncertainties surrounding Brexit contingency plans and how a divorce from the European Union will affect investment into insurtech.
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
AIG renames Hamilton as Blackboard
International insurer AIG has decided to rename its newly acquired technology subsidiary Hamilton.
Buzzmove awarded $500,000 in Venture Clash competition
Buzzmove has been awarded $500,000 (£379,506) in the annual Connecticut County Venture Clash competition.
Wrisk crowdfunds half a million in under five days
Wrisk has hit its £500,000 crowdfunding target in under five days.
Blog: LV's Sue Jones on her fraud-fighting career
Sue Jones, head of GI fraud strategy at LV, explains how fraud became an industry focus.
Spotlight: ADAS webinar: Negotiating the potholes of automated driving
A panel of motor experts discussed the challenges of repairing cars equipped with Advanced Driver Assistance Systems, at a webinar organised by Post in association with Auto Windscreens.
Spotlight: ADAS: Safety first
Rupert Armitage, managing director of Auto Windscreens, argues Advanced Driver Assistance Systems need to be recalibrated by manufacturers, and not the aftermarket
Asia usage-based insurance Q+A: Morten Gregersen, Scope Technology
Morten Gregersen, business development director Asia, Scope Technology, explains the opportunities for usage-based insurance in Asia-Pacific.
Hastings sees GWP growth continue into Q3
Hastings has seen a 25% spike in gross written premiums over the course of the year, up to £714m from £572.8m for the same period in 2016.
Willis Towers Watson’s Alastair Swift on Blockchain, smart contracts and transactional efficiency
Blockchain and smart contracts could help the insurance industry increase the efficiency of its transactions and data analysis, explains Alastair Swift, head of corporate risk and broking, GB, Willis Towers Watson.
Davies Group acquires Service Tick
Acquisitive insurance service provider Davies Group has acquired analytics firm Service Tick.
Tractable launch automated damage estimating technology
Following its partnership with Ageas, Tractable has developed an artificial intelligence-driven damage repair estimation technology.
Homelyfe closes £2.4m funding round
Homelyfe has completed a £2.4m seed round led by Talis Capital and Peterson Ventures.
Roundtable: How new technologies can speed up motor claims
The motor space is under intense pressure in terms of costs. With margins tight, how can insurers handle claims efficiently while delivering good customer service? New technology may provide part of the answer