Insurtech
'Social network for insurance' aims to revolutionise the market
Insurercore, a social network for insurance professionals, will be holding a workshop tomorrow night with young brokers and insurers ahead of its November launch.
Digital Insurance Collective Blog: What to offer Millennials
Millennials are consumers of insurance products and their experience of other service providers influences their expectations of insurers. But what about attracting and retaining this generation and its massive employee talent pool?
Insurtech booms as investment triples in the UK
Investment in insurtech so far this year is already triple that of the whole of last year, making it one of the UK's fastest growing sectors.
Octo adds Axa and LV to telematics offering
App-based telematics provider Octo Telematics has added four insurers to its free smartphone driving app Octo U.
State of the Nation: Lloyd's and the London Market: Innovation and modernisation
The London Market is keen to encourage innovation, but that will involve overturning tried and tested practices and bringing through the younger generation
Insurtech products 'could engage the Millennial market'
Insurers should stop selling insurance and start selling product services instead, if the industry is to successfully tap into the Millennial market.
Week in Post: trampolining, brokers in the dark and cake
I was reminded of the insurance industry this surprising sunny bank holiday weekend when I was required to sign a waiver to accept and acknowledge my participation in Gravity Force trampolining could entail "known and unknown risks that could result in…
Neos begins testing connected home insurance service
Neos has begun beta testing its new connected home insurance service with its partner Hiscox, the service claims to be a first for the UK insurance industry but similar services have been launched in Italy.
Brokers still in the dark as SSP outage now a ‘major incident’
The power outage that left brokers unable to access services on SSP’s Pure Broking platform since the weekend is now being described as a “major incident” by the company.
Brokers cut adrift after SSP platform goes offline
Brokers have been left floundering after popular broking platform operated by software company SSP was taken offline.
Charles Taylor reports 6.8% rise in revenue to £74m
Charles Taylor has reported a 6.8% increase in revenue to £74m in the first half of 2016.
Blog: Claims specialists, underwriters and risk managers need to get together to innovate
Technological advances help claims specialists and underwriters improve their processes but perhaps the biggest challenge for innovation may lie in both of them working together.
Week in Post: CMC impersonators, NED worries, and a Team GB gold medal winner
Sitting in my front room on Saturday morning I took a phone call from a claims management company.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
IFB extends contract with BAE systems after 10 years of partnership
The IFB has decides to keep BAE Systems NetReveal as its next generation fraud detection platform until 2020.
Inspool, Insure Street, Teambrella and Tego Cover among eight UK insurtech start-ups to watch
KPMG published last week its latest Pulse of Fintech report, including the investment figures for the year-to-date in the insurtech space.
Aviva ventures into partnership with Silicon Valley start-up Plug and Play
Aviva has partnered with global digital start-up accelerator Plug and Play in order to develop digital products and services.
Global insurtech attracts £1bn of venture investment in the first half of 2016
Over £1bn in venture capital has been invested in global insurtech in the first half of the year, according to a report.
Week in Post: Amazon Echo; pills that make you hard; CMC scourge and elderly drivers
This week Post reporter Rosie Quigley and I were given a tour around the Accenture Innovation Lab at Plantation Place in the City.
Zurich relaunches SME platform following negative feeback
Zurich has carried out a major refresh on its SME insurance platform Ztrade, in response to negative broker feedback following the platform’s original launch.
Bermudian insurance giant behind largest UK insurtech start-up investment
Insurtech start-up Buzzmove has closed a £6m super-seed round led by Bermuda-based White Mountains Insurance Group.
Blog: How to sell insurance to Generation Y
What's all the fuss about Generation Y? Many people in our industry will be thinking ‘why does this all sound so complicated and why does it matter to me'? The good news is this: like all things in insurance, the core issue boils down to a small number…
Norfolk insurance broker Hugh J Boswell becomes latest to suffer a cyber-attack
Norfolk insurance broker Hugh J Boswell has become the latest insurance firm to suffer a cyber-attack, Post can reveal.
Autonet uses data cracker to inform pricing
Van insurance broker Autonet has gone live with a software solution that tracks customer data to inform pricing.