Technology
‘We are at the top of the hype cycle for AI’, says Applied’s chief product officer
Applied Systems chief product officer Anupam Gupta has explained how the business is looking to introduce AI into its product offering, but urges the industry not to get carried away.
Using algorithms to underwrite commercial and specialty market risks
Analysis: Harry Curtis examines the applications of algorithmic underwriting in commercial and specialty insurance, what role the approach leaves for human underwriters, and what challenges it presents.
How insurtech is transforming fleet risk calculations
Simon Dicks, insurance channel manager for EMEA at Lytx, explains how a first notification of risk approach allows insurers and fleet managers to be notified of potential risks well before any incident has taken place.
Carriers chasing profitability rather than growth
Data analysis: In a challenging economic environment, insurance executives have shared they are increasingly spreading their attention across many operational areas to prioritise profitability over growth.
EE to offer consumer electronic insurance
EE is branching out of its smartphone and broadband contract roots by now offering insurance.
Tributes paid to London Market veteran Neville Hunt
Neville Hunt, a stalwart of the London Market who dedicated more than 50 years of his life to the industry, has passed away.
Aviva completes nine-month commercial digital transformation
Aviva’s Global Corporate & Specialty team has revealed how it has been able to develop 20 commercial lines pricing models in just nine months, cutting build time by 75%, after utilising Hyperexponential’s pricing decision intelligence platform, HX Renew.
Challenges of generative AI in the insurance sector
Trade Voice: Charlotte Halford and Peter Allchorne, partners at DAC Beachcroft, outline the challenges facing insurers looking to adopt generative AI.
Diary of an Insurer: Schemeserve’s James McNab
James McNab, a Wunderwriter at Schemeserve, trains for Lanzarote endurance running events, delivers obsessive support to brokers and MGAs, keeps his finger on the pulse of product development, and loves elevenses.
Why customer satisfaction in general insurance is plummeting
Customer satisfaction in general insurance providers over the last 12 months has plummeted at the fastest rate since 2008, according to the latest Institute of Customer Service report.
Time for AI to take over Insurance Post
Editor’s View: Artificial intelligence is taking over Insurance Post from 13 to 17 November, causing Emma Ann Hughes to consider how generative AI is transforming the insurance sector and your favourite trade title.
Q&A: Gonzalo Geijo, Charles Taylor Insurtech
Gonzalo Geijo, chief commercial officer at Charles Taylor Insurtech, speaks about insurtech market issues and his company's role in addressing those problems.
Vote for winners of the European Insurance Technology Awards
The shortlist has been decided and now Insurance Post readers can vote to decide the winners of the European Insurance Technology Awards 2023.
Root taps into UK’s embedded insurance fervour
South African distribution platform Root is seeking to establish a “strong foundation” in the UK, following a fresh cash injection from one of its seed funders.
Allianz's Graham Gibson, Aviva, NFU and Zurich among winners at 2023 Claims & Fraud Awards
Allianz chief claims officer Graham Gibson, pictured, won the prestigious Achievement Award at the Insurance Post Claims and Fraud Awards yesterday evening (5 October) at The Brewery.
View from the top: Hiscox’s Fiona Mayo on why more technology shouldn’t mean less humanity
Fiona Mayo, Hiscox marketing director, says that increasing automation all too often results in treating humans like numbers.
Big Interview: Insurtech UK CEO Melissa Collett
Melissa Collett, CEO of Insurtech UK, wants to encourage more Lemonades and is going to engage with the government and regulators on what it will take to ensure insurtechs thrive.
Tapoly’s Kaenprakhamroy challenges the male-dominated insurtech sector
Janthana Kaenprakhamroy, CEO and founder of Tapoly, on the barriers she faced as a woman trying to launch an insurtech and how diversity and inclusion needs to become deeply ingrained values in the industry.
Collaboration needed on climate resilience as UK must ‘get used to’ floods
Collaboration is the key to improving climate resilience, according to a panel of experts at the Chartered Insurance Institute’s Shaping the Future of Insurance conference.
Parametric elements could become part of the basic make up of an insurance policy
With customer expectations increasing, and speed of settlement becoming more and more of a priority, the Chartered Insurance Institute’s Matthew Connell and Altus’s Patrick Hayward believe some parametric elements could become part of the basic make-up…
Ripe CEO plans to snap up rivals
Insurtech Ripe has completed its first M&A transaction by acquiring specialist boat insurer Craftinsure, with bosses revealing plans to snap up other rivals.
How AI can mitigate increasing cost of extreme weather
Izik Lavy, CEO and co-founder of GeoX, discusses how insurers are using AI and aerial imagery to battle the extreme weather ushered in by the climate crisis.
Ex-Hiscox CEO Masojada joins insurtech to target large insurer clients
Instanda has recruited former Hiscox group CEO Bronek Masojada, pictured, as an adviser as it looks to build on its existing client heartland of MGAs and start-ups to win over more mainstream insurers too.