Technology
Swiss Re signs technology initiative with National University of Singapore
Swiss Re has signed a three year partnership with the National University of Singapore to help support the development of big data, business analytics and IT.
AIG warns of shifting causes of loss through ‘internet of things'
The "internet of things" has the potential to shift the root causes of loss to new, untested arenas, according to an AIG report released today (11 June).
IT upgrade ‘central' to ERS's transformation
Specialist motor insurer ERS has invested £20m on an IT upgrade it says was a central part of the business's overall transformation.
Tech blog: New Insurance shall exit ‘The Trough of Sorrow'
In the first of Post's exciting new tech blogs, James York explains that while ‘Old' Insurance was in trough of sorrow, ‘New' Insurance can be very different - but both need each other.
Millennials keen to trade blood and urine samples for premium discounts
Millennials in the UK are prepared to give up their own blood, urine, and personal data if it means lowering their insurance premiums, according to a survey conducted by generation researchers Decode.
Blog: The threat in the skies - have cyber attackers boarded the plane?
The aviation industry is fast becoming one of the hottest areas of interest among the cyber community - particularly insurers - as the risk profile to airplanes and carriers increases.
Suncorp invests A$75m to create "data lake"
Patrick Snowball, outgoing CEO of Suncorp, said the group is planning to invest in a suite of technologies to improve performance.
Drone industry growth spurred by insurer support
The support of the insurance industry in providing insurance cover for drone technology has allowed for the rapid development of the unmanned aerial systems industry, according to a Marsh report.
On the soapbox: The big issues with big data
The increased use of big data by insurers has not gone unnoticed by the regulator, leading to an announcement in its 2015/16 business plan that a review is to take place in 2015, focusing on the risks and rewards big data poses.
C-suite - Broker: Why I sleep soundly at night
It is not worth losing sleep worrying if you are doing enough digitally, says LV managing director, Phil Bunker.
Biba finds 9% jump in black box policy sales
The number of live black box telematics policies has increased by 9% to 323,000 from 296,000 in December 2013, according to research from the British Insurance Brokers' Association.
On the soapbox: Insurers, I feel your pain...
Up until a couple of weeks ago, if someone were to go through my mobile phone they would find text messages from Dominos Pizza about a multitude of special offers.
Drones: Up, up and away
The rise in drone use shows no sign of slowing down, both on a personal and commercial level. Insurers can utilise the technology to improve efficiency and tap into a new area of insurance.
Millennials shun social media for insurer interactions
Millennials in the UK are shunning social media when it comes to asking questions and making purchasing decisions, favouring personal interactions and a blend of digital and online channels, according to research conducted by Decode.
SSP hires Swinton's Ron Atkinson as head of insurer relationships
Ron Atkinson has been appointed as head of insurer relationships for global technology house SSP.
Biba: Manchester Lowdown
With 2015’s Biba Conference taking place in Manchester, Post asked industry movers and shakers in the region to give us the lowdown on the city and their thoughts on the industry over the past year
Ride-sharing: Innovation Uber allies
A new compromise between US insurers and ride-sharing companies could provide a new model for insuring those who wish to use their cars to carry paying passengers.
Roundtable: Building a 21st century insurer
With new technologies emerging all the time and a generation of early adopting clients, insurers are going to have to keep up to date if they are going to compete and survive in the future
Biba blog: Big Data development
Biba 2015 is sure to invite much scrutiny into new developments in big data. The ‘holy grail’ of motor insurance, i.e. real time experience data and the control of driving behaviours to cherry pick the best risks, has yet to become as widespread as…
Head to head: Is it inevitable that SME will go automated?
This year’s Biba conference has the theme ‘Delivering our promise’. With that in mind, Post asked some leading industry figures to go head-to-head on SMEs.
On the Soapbox: A driverless commercial future
Google expects driverless cars to be on the road within five years. So far much of the focus has been around privately owned vehicles, but how will the commercial sector respond when technology takes over?
From Croydon to Berlin: The geography of insurance disruption
There is constant talk of disruption and digital innovation in the personal lines insurance market, but when it comes to concrete facts about where it's coming from, all we have is – often wild - speculation.
Career File: Richard King to leave Ingenie
Ingenie co-founder and CEO Richard King will step down in June, following a transition process that will see chief operating officer Chris McKee take over the controls at the telematics firm.
Axa claims tool launched to broker market
A digital claims tracking tool is now available to the entire broker market following the completion of pilot projects with Bluefin and Brokerbility.