Technology
Insurers 'shouldn't underestimate Amazon'
Insurers shouldn't underestimate Amazon in its plans to expand into insurance, a conference heard.
Guidewire 2017: 95% of investment in distribution 'will be wasted'
Investment made by insurers into new distribution models and technology could be wasted, a conference heard.
Guidewire 2017: General insurance to lead the way in digitalisation
General insurance is 'the ideal industry for digitalisation' because of the resources of incumbents, a conference heard.
Insurers divest $20bn from coal
Insurers are divesting an estimated $20bn (£15bn) in equities and bonds from coal projects, according to the Unfriend Coal campaign.
We Go Look set for 2018 UK expansion
On-demand field inspection and verification firm We Go Look is planning to firmly establish its presence in the UK market next year.
Guidewire 2017: Insurers urged to switch to live data
Insurers should look to switch from static data to live data in order to accurately track risks faced by customers.
Blog: Responsible robots?
Automated processes are feted to be the future of claims handling, but taking the process out of human hands is far from straightforward, as Ed Lewis, partner at Weightmans, explains.
80% of EU countries expect increased claims under GDPR
80% of EU jurisdictions expect compensation claims for data protection breaches to increase under the General Data Protection Regulation.
Amazon on a recruitment drive as it takes aim at UK insurance market
Internet-sales giant Amazon is currently recruiting insurance professionals in a bid to disrupt the insurance market in countries throughout Europe.
Blog: Digitise your underwriting, not just your quotes
Insurers have been digitising their application process but not so much their underwriting operations, writes Selim Cavanagh, insurance vice-president at Lexis Nexis Risk Solutions, warning they might be missing on some efficiency gains.
Industry working group to tackle fraud with behavioural science
An insurance industry working group will begin to explore how behavioural science can be used to tackle insurance fraud.
Smart home insurer launches nationwide to provide quotes in under 60 seconds
Smart home insurance provider, Neos, has launched nationwide and will allow customers to manage their policies via an app.
Thatcham sets out driverless cars assessment criteria
Thatcham Research has set out a list of criteria to assess cars marked as “autonomous” or “driverless”.
Failure to innovate now within top five risks facing EMEA financial institutions
Failure to innovate and embrace new technologies is within the top five risks facing financial institutions, with 24% saying they had suffered a financial loss in the last 12 months due to this factor.
XL Catlin's Vincent Branch on the unexpected love affair with AI
Artificial intelligence is already a part of real life but Vincent Branch, CEO of Accelerate, XL Catlin asks how far the love affair will go.
Insurers have 'responsibility to stakeholders' to employ fraud tackling tech
Insurers have a responsibility to their stakeholders to employ technology in the fight against fraud, an audience heard.
Eviid targets insurers with evidential video application
Insurers are being urged to consider an evidential video application as a firm successful in the third-party administrator and loss adjusting markets targets the sector.
Digital Insurance World 2017: Brexit will impact investment into UK insurtech
There are remaining uncertainties surrounding Brexit contingency plans and how a divorce from the European Union will affect investment into insurtech.
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
AIG renames Hamilton as Blackboard
International insurer AIG has decided to rename its newly acquired technology subsidiary Hamilton.
Buzzmove awarded $500,000 in Venture Clash competition
Buzzmove has been awarded $500,000 (£379,506) in the annual Connecticut County Venture Clash competition.
Wrisk crowdfunds half a million in under five days
Wrisk has hit its £500,000 crowdfunding target in under five days.
Blog: LV's Sue Jones on her fraud-fighting career
Sue Jones, head of GI fraud strategy at LV, explains how fraud became an industry focus.
Spotlight: ADAS webinar: Negotiating the potholes of automated driving
A panel of motor experts discussed the challenges of repairing cars equipped with Advanced Driver Assistance Systems, at a webinar organised by Post in association with Auto Windscreens.