Start-ups
Analysis: Mutual benefits
With four mutuals making the UK top 20 insurers rankings for 2017 and results outperforming the rest of the market, mutuality is a sector to watch, especially as it is easier to innovate without constant shareholder pressure
Insurance start-up Insure Pal to launch £15m initial coin offering
Insurance start-up Insure Pal is raising $18m (£15m) in an Initial Coin Offering to fund its UK motor launch in H1 2018.
Spotlight on professional indemnity: Media and technology sectors
Taking risks is in the DNA of many media and technology firms and insurance should be the enabler that allows them to do this effectively.
This month in Post: Takeovers, tech, trials and tinsel
This week saw one of the biggest takeover deals of 2017 while our December issue highlights a year of tech.
Davies Group boosts tech investment with innovation lab launch
Davies Group has launched an innovation lab to boost investment in technology and digital transformation.
Analysis: Behind the scenes of a year-long Blockchain pilot
Blockchain has become a buzzword in the industry but few know what it means, even less so its implications for insurance.
Innovation in Insurance 2017: 'Most start-ups lack insurance know-how'
Insurtech start-ups need to consider having an advisory board of insurance experts, or risk failing due to a lack of knowledge and expertise, a conference heard.
Rising Star: Richard Hartley, Cytora
Richard Hartley is CEO and co-founder at technology start-up Cytora
This Week in Post: Personal injuries and parenting fails
I felt very smug when my daughter tried on her first pair of slipper socks: she liked them! That meant I wouldn’t need to argue with her to keep her little feet warm – and she wouldn’t risk slipping on wooden floors. What I hadn’t foreseen though was…
Insurtech accelerator granted FCA approval
An insurance accelerator has been granted approval to launch up to 25 insurtech start-ups within the next five years.
Interview: Daniel Schreiber, Lemonade
Lemonade CEO Daniel Schreiber talks about the expansion plans of the US-based start-up that uses artificial intelligence to validate claims and donates profits to charities.
Analysis: Home, sweet connected home
Connected devices can help underwrite and mitigate household risks, but they also open the door to cyber vulnerabilities.
Guidewire 2017: 95% of investment in distribution 'will be wasted'
Investment made by insurers into new distribution models and technology could be wasted, a conference heard.
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.
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.
Buzzmove awarded $500,000 in Venture Clash competition
Buzzmove has been awarded $500,000 (£379,506) in the annual Connecticut County Venture Clash competition.
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.
Research: What brokers really think of insurers
Brokers share their views on their relationships with insurers, the impact of technology and their investment priorities, in this exclusive piece of research conducted by Post in association with WPA
Start-up Insurdata raises over $1m in seed financing
Insurtech start-up Insurdata has raised over $1m (£0.76m) in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.
Analysis: Microbreweries: Raising the bar
Microbreweries offer brokers and insurers a small but safe market. With rising demand, the sector tastes of opportunity
Blog: How insurers can harness digital labour
Adam Woodhouse, director of the CIO Advisory at KPMG, explains how the insurance industry can speed up its march towards digital labour.
Blog: Breaking the renewal cycle with subscription-based insurance
Nigel Phillips, commercial director at CDL, lists the advantages of insurance customers going monthly.
Insurance start-up to offer protection against gazumping
Insurance start-up Homelyfe has launched home buyers insurance which will protect against gazumping.