Allianz in Uber tie-up; Assured Partners acquires SW broker; BGL and Covea to launch new direct brand; and Twelve Capital/Eos unveil insurtech focused growth fund
Post wraps up the major insurance deals, launches and investments of the week
Aviva and LV join Ebay green parts push; Davies buys Asta; Marshmallow becomes latest UK insurtech unicorn; and Covea backs new pet insurance alternative Animor
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Andy Fairchild has left Applied Systems with Tom Needs appointed as CEO for Europe.
Usually a lavish affair in the Royal Albert Hall with the insurance A-listers dressed to the nines in their finery and quaffing champagne mid-July, this year due to the Covid-19 pandemic and government restrictions the British Insurance Awards ceremony…
Applied Systems has a three to five year strategic plan to take “significant market share” in the UK and Ireland and become the market leader in the software sector, according to Europe CEO Andy Fairchild.
Kevan Aubrey, a former head of commercial distribution and strategic accounts at LV, has joined Jensten Group as sales and distribution director for its wholesale business including Policyfast and City Underwriters.
All insurance technology suppliers contacted by Post are confident their business continuity plans will maintain a full service for insurer and broker clients as the UK increasingly moves to remote working due to the ongoing Covid-19 crisis.
Post’s new Motor Mouth Podcast series is proving quite the hit with listeners.
Former Broker Network CEO Andy Fairchild has been appointed to the newly created role of CEO of Applied Systems Europe.
After vacating our Haymarket office last week, the entire Post team finally feels settled in our new home in the City – the heart of the insurance industry.
Applied Systems is poised to double the number of UK brokers on its Epic platform, with its international boss claiming it still has some way to go to fulfil its potential, having signed up only a fifth of those “ripe for change”.
Google’s 2018 investment in Applied Systems also represents an investment in the future of the intermediary sector, according to the software house.
Applied Systems sees the UK as “research and development lab” for new technology and ideas following its success incorporating front end quote and buy into its Epic platform in the territory.
Reid French has been replaced as CEO of Applied Systems by Taylor Rhodes.
Exclusive: Applied is working with Google to introduce machine learning technology into its business.
No woman should ever be made to feel uncomfortable in the insurance workplace because of the advances of a man.
Applied Systems will consider entering Australia, New Zealand or South Africa if an acquisition opportunity presents itself.
Google’s investment in Applied is a vote of confidence for the longevity of the broker channel, the company said.
Google will host a “bootcamp” on machine learning for Applied Systems engineers next month in the first skills transfer between the two companies.
Google is actively looking for further investment in the insurtech space, following its acquisition of a minority stake in Applied Systems.
A new telematics provider is about to enter the motor insurance market, targeting the lower-premium segment, beyond just young drivers.
Applied Systems has secured a “nine figure” cash injection from a Google investment firm in a move that will further drive growth at the company.
Brokers don’t need to fear job losses through automation, a conference heard.