Technology
Motor fraud: Reaching critical mass
Although the adoption of My Licence has been slow to date, the Motor Insurers’ Bureau has predicted an increase in uptake to 50% this year. Will 2017 see the service reach critical mass?
Brokers hit by second SSP outage in less than a week
Brokers using SSP now face a second outage in the space of less than seven days.
Founder of failed broker re-enters market with on-demand start-up
Founder of failed company Belong Safe, Humphrey Bowles, has launched a new on-demand insurance start-up Guardhog with hopes of competing in the sharing economy.
Blockchain could 'reshape' London market, report finds
Blockchain technology is a viable option for the London market, a report has found.
QBE's Richard Pryce on why insurers must innovate for customers and staff
The insurance industry has always been closely connected to the broader economy, but our fortunes are now even more closely tied to macro-economic developments.
50 brokers on SSP in ‘advanced negotiations’ over migration to Open GI
More than fifty brokers affected by SSP outages are in advanced negotiations to switch software provider to Open GI.
Blog: The real opportunity with digital
Read any article on digital insurance and it seems to me that it's all about the insurers.
Watchstone set to make loss of £14.9m
Watchstone is expected to make a loss of £14.9m in its full year results.
SSP says latest outage due to 'routine maintenance'
SSP said the latest outage affecting its system was due to “routine maintenance” at the new data centre.
Money Supermarket to see 12% revenue growth as it announces CEO change
Money Supermarket expects to see year on year revenues to grow by 12% to £316m, the group said.
LV swaps 'outdated' manual process for digital subrogation portal
LV has swapped its ‘outdated’ manual process for subrogated claims for a new digital portal.
NHS trust hit by cyber attack
England’s largest NHS trust has launched an investigation into a cyber attack that forced systems to be taken offline as a precautionary measure.
Digital Fineprint to join Accenture's fintech incubator
Insurtech start-up Digital Fineprint has been chosen to take part in Accenture’s Fintech Innovation lab.
Blog: Pop goes the bad rep - How Lemonade and AI are putting the fizz in insurance claims
In the first weeks of 2017 two stories have really caught the imagination of the insurance claims community.
Insurtech firm Bought by Many receives £7.5m investment
Insurtech broker Bought by Many has received £7.5m in investment funding.
Tokio Marine tests new blockchain-based insurance policy
Tokio Marine has begun testing a blockchain-based insurance policy for the shipping industry.
Blog: What the SSP outage teaches brokers
Outsourcing to third-party applications can help streamline operations and cut costs; there are practical steps brokers can - and should - take to reduce the impact of a potential outage.
Digital motor insurance policies worth €15bn by 2020
Digitally-enabled motor insurance policies in Europe could potentially be valued at €15bn (£13bn) by 2020, according to Deloitte.
IDT911 re-brands as Cyber Scout amid international expansion
IDT911 has re-branded to Cyber Scout as it looks to expand globally.
Video: Hospital hacks
As ransomware attacks are targeting NHS trusts, the cyber exposure of hospitals is coming under scrutiny.
Octo signs ‘telematics ecosystem’ deal with LV Broker
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Electronic trading: What is good form online?
The growth in online communications makes BT's strapline ‘It's good to talk' seem dated, but anyone who has had to lift a phone to unravel a burgeoning misunderstanding in an email can appreciate its spirit.
Blog: Lawyers must help insurers use them less
There has been a profound shift in the provision and delivery of legal services to the insurance industry within the last 10 years.
Blog: Connectivity is revolutionising the claims industry
When people talk about innovation in the claims process I immediately think about our clients and their customers - and also about our staff, because innovation undoubtedly means different things to different people.