Technology
Price comparison disruptor prepares for several insurers to join its platform
Price comparison website disruptor Honcho has begun integrating several motor insurers onto its platform that will allow them to bid for customers.
Guevara founder Anderson: incumbent insurers complicit in stalling true customer led-disruption
Despite the hype around insurtech, the barriers to entry remain high, not least because incumbents have reputational concerns that are hampering true customer-led disruption. Indeed, the likes of Lemonade have had to water down their original vision to…
IoT provider eyes up global expansion following €100m funding
Pan-European growth investor Palamon Capital Partners has acquired a majority stake in connected insurance provider Fair Connect.
SME digital insurer gets £2.5m funding round
Digital insurance provider Digital Risks has raised £2.25m in an investment round led by Beazley as it sets its sights on the SME and digital start-up markets.
Insurtechs on Tempcover's radar as it spies acquisition targets
Exclusive: Short-term insurance specialist Tempcover is actively looking for acquisition targets, and views the insurtech sector as a potentially lucrative hunting ground.
AIG's Mark Camillo on how GDPR is driving the European cyber market
GDPR is driving a surge in the European cyber insurance market, explains Mark Camillo, head of cyber for Europe, Middle East and Africa at AIG.
Axa Research Fund gets €50m endowment
Axa has committed €50m (£44m) to its research fund over the next five years.
Insurtech start-up Next raises $83m
US-based insurtech start-up Next Insurance has raised $83m in a Series B funding round led by Redpoint Ventures and including Munich Re.
Lloyd's launches insurance matching site as digital push continues
Lloyd’s has launched Lloyd’s Bridge a digital distribution platform designed to connect insurance businesses with Lloyd’s underwriters.
Q&A: Lynda Lucas, chair, Airmic
Lucas began her career as a company secretarial trainee at British Aerospace and has since had various risk management roles at companies including Nortel, Old Mutual and, since 2006, Fujitsu. She has been an Association of Insurance and Risk Managers…
Acord, Aon and Beazley team up on first data breach standard
Acord, the global standards-setting body for the insurance industry, has published the sectors first standard for a cyber data breach.
Allianz's Stephanie Smith: Insurance needs to be louder and prouder
Insurance makes the world go round and Stephanie Smith, chief operating officer at Allianz, says the industry should be prouder of its daily accomplishments.
This month in Post: Prizes, proposals and pledges
This month began with a bang as the annual British Insurance Awards highlighted the talent in the sector in 1950s style, with industry stalwart John O’Roarke being handed the Achievement Award.
Norwegian insurtech start-up plots London base and funding round
Norwegian insurtech start-up Cloud Insurance is looking to establish an office in London in 2019 as it prepares for a funding round to help it grow the business.
British Insurance Awards 2018: Full list of winners, their stories and photos
Former Churchill and LV general insurance boss John O’Roarke took home the Achievement prize last night at the British Insurance Awards, where his new employer Aviva was among the big winners.
Start up claims Aviva ‘ripped off’ its Dashcam app idea
Aviva has been accused by dashcam app and accident management platform Jolt, who have claimed that the insurer stole its app idea.
Robots will control claims future: PWC
Future insurance claims will be settled with little to no human involvement and insurers will have to adapt to the impact of technology if they are to survive, a report from PWC has found.
Insurers increase cyber security spend
Insurance firms invested 85% more in cyber security during 2017-18 than during the previous financial year.
Bought by Many gains £15m in series B funding
Bought by Many has closed a £15m series B funding round led by Commerz Ventures and Marsh, alongside existing investors.
Blog: Lloyd’s Lab: Innovation with big shoes to fill
Lloyd's needs a dramatic change in organisational culture to ensure the success of its insurtech sandbox, explains Craig Wilson, managing director of financial services at Sopra Steria.
Blog: What legacy will Lloyd's CEO Inga Beale leave behind when she departs in 2019?
Jonathan Swift looks back on how Inga Beale's time as Lloyd's CEO Inga Beale might be remembered using a jukebox stacked with her own Desert Island Disc selection