Technology
Insurance start-up to offer protection against gazumping
Insurance start-up Homelyfe has launched home buyers insurance which will protect against gazumping.
Lloyd's signs AI deal with Expert System
Lloyd's of London has teamed up Italian technology firm Expert System to bring artificial intelligence into the market.
PPL update goes live with carrier integration capability
The latest update to the London market’s electronic placing platform went live today, bringing the first phase of a carrier integration capability.
Guidewire buys risk analytics firm Cyence
US software house Guidewire has reached an agreement to acquire California-based data and risk analytics firm Cyence for $275m (£210m) through a mix of cash and shares.
Willis Re and Tiger Risk team up on reinsurance placement platform
Willis Re and Tiger Risk Partners have teamed up to develop the X-gRm reinsurance online placement platform.
Customers remain 'underwhelmed' despite $1.8bn insurtech investment
Investment into insurtech has already reached $1.8bn (£1.37bn) this year, however customers have yet to see any benefits in terms of improved customer experience, research has found.
Aviva acquires majority shareholding in digital investment firm
Aviva has agreed to acquire a majority shareholding in the holding company of digital investment firm Wealthify.
Top UK insurers 2017
Hit by a negative discount rate, the top 100 UK insurers reported a combined underwriting loss last year. What other challenges has the market faced?
XL Catlin's innovation team partners with AI-driven startup
XL Catlin’s international innovation team, Accelerate has partnered with Cytora, an Artificial intelligence-driven insurtech based in the UK.
Solera sells platform following Autodata merger investigation
Solera has sold a portion of its business as a result of a competitions watchdog investigation following its acquisition of Autodata.
Insurance chatbot 'Meet Mia' could become a Facebook broker
Exclusive: Facebook insurance chatbot 'Meet Mia' could become a broker in future, its CEO has said.
Research: Brokers say technology hasn't improved trading with insurers
In association with start-up specialist Tallt and health insurer WPA, Post recently polled insurance brokers on their thoughts and experiences of trading with insurers, and whether technology has helped or hindered that relationship. Here Jonathan Swift…
Crawford's We Go Look launches on-demand claims app
On-demand claims handler and subsidiary of Crawford & Company We Go Look has launched a self-service mobile app.
Hong Kong Insurance Authority creates insurtech sandbox
The Hong Kong Insurance Authority has introduced an insurtech sandbox initiative to help facilitate digital distribution in the Special Administrative Region.
Editor's comment: Time for turning
As a mother, finding a consensus that makes all family members happy is often an issue.
Research: Focus on fraud
What does a Greek merchant in 300BC delivering corn on a cargo ship have in common with nearly one-tenth of today’s UK population? The answer is insurance fraud. Michèle Bacchus takes a closer look.
Top insurers join cyber insurance price comparison website
Cyber risk and incident response specialist, Storm Guidance, has created a cyber insurance price comparison website, Cyber Decider, to allow UK brokers to compare and analyse the policies that are available.
Go Compare acquires stake in Middle East-based digital comparison website
Go Compare has acquired a minority stake in digital comparison business, Souqalmal, based in the Middle East.
Direct Line invests in rental market disrupter Canopy
Direct Line has announced a 15% equity stake in the UK-based rental market disrupter Canopy.
Analysis: Cyber threats and opportunities
Businesses are opening themselves up to online exposures every single day. What do companies and insurers need to do to bring themselves up to speed with these new risks and incoming regulations affecting this area?
Blockchain industry pilot gains 23 new entrants
The Blockchain Insurance Initiative, B3i, has gained 23 new companies to participate in the market testing of its Blockchain prototype.
Rising star: Jonny Valentine, Insure The Box
After packing in his degree to work for Insure The Box, Jonny Valentine is now an award winner and head of innovation at the firm
Analysis: Modernising the market: how Lloyd’s of London is grappling with the task
Lloyd’s of London is again proving its appetite for development
Cvrd rebrands to Nimbla and sets launch date
Insurtech start-up Cvrd has rebranded to Nimbla and plans to launch in October this year.