Technology
Legislative support extended to driverless cars
Autonomous cars have gained legislative backing in the Queen’s Speech today (18 May) as insurers hail the innovation as doing more to save lives than seatbelts.
Asia Analysis: The sensors are coming
New sensor technology has huge potential for the insurance industry, but companies in Asia are lagging behind their Western counterparts writes Nicky Burridge.
Cyber costs could be offset against IPT: report
A report into the state of cyber resilience raises the possible benefits of industry-specific tax breaks for companies investing in cyber measures, with the report from lobby group The City UK and Marsh stating industry should explore this with…
Survey shows growing demand for customer analytics in Asia
A Post survey shows the uptake and pace of customer data analytics for Asian insurance firms is on the rise.
Webinar catch-up:Building insurance brand loyalty in a digital age
We are told we live in a brand-obsessed age. Whilst consumers might be able to name the retailer or telecommunications operator they most readily identify with, when it comes to insurance price is still seen as the key driver as to where someone places…
Geo-blocking changes in Europe could have ‘substantial impact’ on insurers
The Actuarial Association of Europe has called on the European Commission to consider the definition of justifiable geo-blocking, especially in the context of insurance.
Biba 2016: Brokers should look to industry disruptors to stay ahead
Insurers shouldn't be alone in tackling market disruption, it’s time for brokers to get in on the act, according to Axa Assistance.
#BibaFever 2016 - Who has the go to stand?
According to this year's tagline, Biba 2016 is the "go to place". But whose stand is the go to stand?
Biba 2016: Biba forms cyber committee
"Firms of all sizes need to take action" against cyber risks, says the British Insurance Brokers' Association, which is setting up a committee of technical experts to provide its members with guidance on current risks and insurance available.
Telematics tales: Home is where the app is
For the past five years the general insurance industry has been buzzing about telematics.
C-Suite Insurer: Zurich's Karl Helgesen on the unprecedented pace of technology
As I look out to the horizon I can't help but feel incredibly excited and perhaps a little apprehensive. We are seeing technology develop at an unprecedented pace, coupled with a sharpened focus on the customer and a reform agenda that could change the…
Cyber insurance: Developing knowledge
With the number of cyber crimes increasing, knowledge of attacks is developing enough for cover to be rolled out. What are the options for insurers?
Blog: Digital is changing insurance
Digital innovation is changing the way the insurance industry operates, with providers beginning to embrace developments where technology can make life easier for the consumer.
Insurance Post: May 2016
The news this week, in case you missed it. And introducing our monthly edition.
Xchanging CFO resigns after CSC acquisition
Xchanging chief financial officer David Bauernfeind has resigned from his role following the company’s acquisition by CSC.
Editor's comment: Time for change
Former Prime Minister Harold Wilson warned: “He who rejects change is the architect of decay.” And 2016 will go down in the annals of insurance history as a year of change.
CSC completes deal with Xchanging
US-headquartered CSC announced it has completed its acquisition of Xchanging.
A fifth of European consumers would buy insurance or banking products from Google, Amazon or Facebook reveals a study
Customers could increasingly turn to big-name disruptive firms in the financial services sector, according to a survey of the European market by Fujitsu.
Debate on driverless car challenges increases ahead of consultation
The government’s planned consultation on driverless car regulation in coming months should help “coalesce minds”, according to the ABI, while manufacturer Volvo continues to push for a coherent system ahead of its Drive Me London trials next year.
Watchstone Group faces £11m claims from ex-Quindell investors
The company, formerly known as Quindell, could face claims worth over £11m from 440 disgruntled shareholders.
In Depth: Social media investigations the first line of defence in fighting fraud
Information gleaned from open public sources is admissible in court.
ABI warns drivers to stay focused as automatic car technology advances
Motorists shouldn't become complacent on the roads as autonomous vehicles are rolled out, particularly when the technology is new, according to the Association of British Insurers.
In Depth: Insurer messages get ‘lost’ as brokers lament lack of face-to-face contact
Gaps in insurer regional offices and head count reduction are affecting services, claim brokers.
Trade Voice: The ABI's James Dalton on the public perception of insurance
Perception does not always reflect reality. If it did, then public perceptions of the insurance industry - and our reputation - would be better than they are.