Personal lines is a competitive space but Mike Smart, business development director at BAE Systems Applied Intelligence, believes that the first movers to tackle dual pricing and look at business structure will be the winners in the long run.
As the Insurtech 100 publishes, Post caught up with some of the firms listed across Europe, USA and Asia to reflect on the past 12 months, the future, favourite apps and food
The annual Insurtech 100 returns; a celebration of the innovation that is rethinking and reshaping the world of insurance as we know it. Matt Connolly, founder and CEO of Tällt Ventures, which has produced the index, outlines the methodology and what has…
Exclusive: Confused will white label Uswitch’s insurance comparison business as part of a deal with the parent company.
Urban Jungle, an insurtech targeted at “generation rent”, has raised £2.5m in a seed funding round.
Esure improved its solvency capital coverage ratio to 149% over the first quarter of 2019, having seen it drop to 108% at the end of last year.
Providers with books that are skewed to heavily discounted year one are facing a quandary about whether to change their strategy before the dual pricing review outcomes or wait until after. Either way Brendan McCafferty, CEO Brightside Group, believe…
AIG Europe has reported a profit before tax of £59.5m for the 12 months to 30 November 2018, up from a loss of £431.5m the previous year.
Trials for driverless cars are moving up in the UK, while they have stalled in some parts of the US due to reported deaths. Mark Hemsted, partner at Clyde & Co, argues that the public looking for perfection in this area could be misguided.
Covéa has arranged a deal with John Lewis Finance that will see it act as the sole insurer for the company’s motor insurance offering.
Claims costs have driven an average premium increase of 35.1% since April 2014, Consumer Intelligence has found.
Verity Ross, motor claims handler for Zurich has been crowned winner of the Claims Apprentice 2019. Hiriyti Bairu caught up with her to discuss how she met the challenge, what the experience has taught her now and moving forward in her career.
Insurers continue to hang their success on the quality and use of data, with businesses continually reviewing how to gain a commercial advantage. Edward Murray looks at the benefits of using external data providers and why some peril risks have proven…
Don’t blame the rain for the growing number of water-related claims in the UK, blame the plumbing
Allianz is in talks to buy Legal & General general insurance business, according to Sky News.
The average cost of motor insurance fell to its lowest level in two years, according to a survey from the Association of British Insurers.
The Civil Liability Act was passed in December, changing the way whiplash claims are calculated. As part of the bill, the government also agreed to reform the discount rate, which is currently under review. James Heath, President at Forum of Insurance…
Exclusive: Tesla’s plan to launch its own insurance for customers within a month has raised questions over how it will affect its current affinity deals with insurers.
Hastings has reported a 4% rise in gross written premiums for the first three months of 2019.
There is no question that the UK is on the brink of big change in urban mobility and that it is set to transform the motor insurance landscape, says James Roberts, business development director for insurance at Europcar Mobility Group UK.
Covéa Insurance saw its underwriting profit slashed to £1.8m in 2018 compared to £12.4m in 2017, as its personal lines business felt the impact of claims inflation and adverse weather.
UK General's Matthew Schofield on how profit, not volume, will drive growth and respectability of MGA sector
In recent months managing general agents have been in the spotlight, with the media seeking to get under the skin of one of the fastest growing insurance sectors. UK General's Matthew Schofield says MGA management teams need to now stop 'navel gazing'…