Articles by Damisola Sulaiman
Marshmallow valued at $2bn after $90m raise
Marshmallow has raised $90m (£68.1m) of funding, putting the firm at a valuation of over $2bn (£1.5bn).
Brokers struggle with AI as digital basics found lacking
Insurance brokers are falling behind in artificial intelligence implementation due to limited digital readiness, according to Paul Kershaw, UK enterprise sales manager at Novidea.
BCG reveals how top insurers use AI for competitive edge
Boston Consulting Group has identified the ways “forward-thinking” insurers are using artificial intelligence in underwriting, claims, sales, customer service and IT to gain a quantifiable competitive advantage.
Careless to target influencers with cyber product
Newly launched lifestyle insurance brand Careless plans to create an individual cyber insurance product targeted at influencers.
Earnix CEO warns against ‘either/or’ AI strategy
Choosing between generative AI and traditional machine learning could prove limiting, says Earnix CEO Robin Gilthorpe, who is urging insurers to harness both to unlock a powerful springboard effect.
AI could lower the bar for start-up insurtech founder expertise
Artificial intelligence could enable more insurtech start-up activity from founders with insurance backgrounds, as opposed to tech expertise.
Insurers struggle to move AI from testing to deployment
Roots has found that while 70% of insurance executives are actively testing or exploring AI solutions, fewer than 22% have advanced to full production.
Rokstone and Allianz make five-year capacity deal
Allianz Commercial has extended its partnership with Rokstone through a five-year capacity arrangement.
ManyPets expects to post profit after £33m loss
ManyPets expects to post a profit for the last few months after making a £33m loss in the year to 31 March 2024.
Experts find ‘shortcomings’ in Aviva tree removal evidence
A community-backed investigation into Aviva’s plans to fell a 150-year-old oak tree in Wivenhoe, Essex has identified “shortcomings” in the insurer's evidence, with multiple experts recommending underpinning of affected properties as the preferred…
Zego posts two profitable quarters
Zego has achieved two consecutive quarters of profitability after posting a £34.5m loss in 2023, Insurance Post can reveal.
Big Interview: Jimmy Williams, Urban Jungle
Urban Jungle CEO and co-founder Jimmy Williams talks Insurance Post through the insurtech’s growth plans, ability to fundraise in a challenging environment and venture capital-enabled technology advances.
RSA transforms claims tech to dominate commercial lines
RSA’s technology-enabled claims service improvement is “central” to its goal of becoming the number one commercial lines insurer in the UK, according to commercial claims director Lee Dainty.
Guidewire buys pricing software provider Quantee
Guidewire has bought insurance pricing software provider Quantee, after insurers asked the platform provider “to solve the problem in a cohesive and seamlessly integrated way”.
Q&A: Sivan Iram, Flow Specialty
Sivan Iram, CEO and co-founder of Flow Specialty, shares with insurance Post the reasoning behind launching an artificial intelligence broker agent, as well as how the firm retains its quality.
Howden cyber chief blames brokers for cyber insurance adoption lag
Shay Simkin, global head of cyber at Howden, has argued that brokers are to blame for the lack of adoption of cyber insurance.
Miller flags Trump’s impact on parametrics
Alice Glenister, head of parametrics at Miller, has called for the market to develop more data sources outside the US due to President Donald Trump’s cuts to federal scientific research bodies.
Lemonade CEO sees AI replacing engineers and actuaries soon
Lemonade CEO Daniel Schrieber has shared that artificial intelligence might be used to replace employees in engineering, actuarial, legal and compliance functions at the insurtech in the next few years.
Palestine Action defies legal warning with another Allianz hit
Palestine Action targeted Allianz Trade’s office in Manchester this morning (17 March) in its most recent action against the insurer over its links to weapons manufacturer Elbit Systems.
Ripe to launch pet insurance product in 2025
Ripe plans to launch a pet insurance product later this year, according to CEO Alan Thomas.
ABI adviser calls current climate ‘difficult time’ for DEI work
Association of British Insurers senior policy adviser for diversity, equity and inclusion Liisa Antola has said it is a “difficult time” to work in DEI.
Natural resources firms struggle with ‘excessive’ insurance exclusions
According to the Willis Global Clean Energy Survey 2025, more than half (53%) of natural resources companies cited “blanket or excessive” exclusions as the greatest obstacle to transferring clean energy risk to the insurance market.
Clyde & Co calls on insurers to reinforce cyber security guidance
Ian Birdsey, cyber specialist partner at Clyde & Co has called for insurers to echo legal cybersecurity recommendations to clients.
Q&A: Chaz Perera, Roots Automation
Chaz Perera, CEO and co-founder of Roots Automation, tells Insurance Post about the firm’s generative artificial intelligence model specially trained for insurance InsurGPT and the challenges in the industry this technology is primed to solve.