Technology
LMA satellite service launches for nat cat claims
The Lloyd’s Market Association is to fund a satellite imagery and intelligence service that will enable improvements to claims processes and exposure management before and after a natural catastrophe.
Analysis: London’s global reinsurance market share falling as rivals take a bigger slice
London Matters Report highlights key areas of concern
When cyber gets physical
Recent events such as the Wanna Cry ransomware attack and British Airways’ computer outage have helped to drive sales of cyber insurance, but there are concerns that a significant part of the risk is being overlooked
Insurers must focus on cyber risk accumulation exposure: PRA
Insurers must get a grip on their cyber risk management to fully understand their cyber exposure, the industry watchdog has said.
Technology: Summer of Insurtech
The insurance industry is currently being disrupted by a swathe of shiny new insurtechs that have found ways to tap into areas where traditional incumbents are falling short. Post invited the leading lights from this wave of start-ups to a picnic to…
Active Quote appoints Rob Saunders as managing director
Rob Saunders has been appointed as managing director of Active Quote, the online comparison service and broker for health and protection insurance.
Post journalists scoop a trio of gongs at Biba Awards 2017
Post journalists have been recognised for their outstanding work in three categories at the British Insurance Brokers' Association Awards 2017.
Three out of four concerned over insurer use of driverless car data
Three out of four motorists are concerned that insurers will use data from driverless cars to justify raising premiums.
My other life: Colin Smithers, Redtail Telematics, gliding
As well as being CEO of Redtail, Dr Colin Smithers is an accomplished glider
Wanna Cry fails to boost cyber insurance take up
The recent surge in ransomware virus attacks has seen little increase in enquiries for cyber insurance cover, survey findings suggest.
SSP launches broking platform
Broking software provider SSP has launched a replacement product for its Pure platform.
AA left embarassed by self-inflicted DDoS attack
Motor insurer AA crashed its own servers after mistakenly sending a 'password update' email to customers.
Apple to help businesses get discounts on cyber policies
Apple is working with tech company Cisco Systems in order to help businesses to get discounts on their cyber security insurance policies, Reuters has reported.
Acturis acquires German software company Lutronik
Acturis Group has acquired broker software company Lutronik based in Wesel, Germany.
Report: Zhong An files for IPO in Hong Kong
Chinese internet only insurer Zhong An has filed for an IPO in Hong Kong according to reports.
C-Suite: Brightside's Mark Cliff on transformation
Older readers will remember Sir John Harvey-Jones, the pipe-smoking boss of iconic British company ICI. He hosted a TV programme in the 1990s called ‘Troubleshooter,” advising firms how to change and transform themselves.
European broker merges with tech firm to create Digital Insurance Group
European digital insurance broker Knip has merged with technology solutions provider Komparu to create Digital Insurance Group.
Insurers fear revenue is at risk to disruptors entering the market
Insurers are worried that their revenue is at risk from insurtech, with over one in eight insurers fearing that they could lose revenue to disruptors entering the market.
Zurich enters global car rental market following acquisition of Halo
Zurich has acquired Halo allowing it to enter the global car rental market.
LMA launches claims management hub for Lloyd’s carriers
The London Market Association has approved the creation of a claims expert management hub for Lloyd’s carriers.
Businesses to face bigger costs for ransomware attacks
Businesses are being warned that they could face greater financial fall-out if they become victim to a cyber or ransomware attacks, following the Petya attack on Tuesday.
Interview: Matthew Crummack, Go Compare
When Matthew Crummack took the driving seat at Go Compare a year ago this month, the business was in the midst of a demerger from parent Esure. The CEO of the price comparison site sat down with Ryan Hewlett to discuss his first year in the job, taking…
Trade voice: Modernising the London Market
The London Insurance Market is unique not just because of its age and history but also because of the way it is structured and the way it operates. Dr Miriam Goldby, of the British Insurance Law Association, examines the potential legal implications of…
Blog: Diary of an insurtech start-up, episode 4: The heat is on
As insurtech start-up Digital Fineprint learns about the benefits of collaboration, James Stuart Clarke explains the ins and outs of daily life in the insurtech world.