Technology
Content director's comment: Does Elton John signal the end of the insurtech buzz?
As a younger music fan, nothing gave me a greater kick than finding a band on the bottom of a bill in a grimy venue that blew me away.
Interview: Anthony Baldwin, AIG
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
Fadata in 'investment mode' as it acquires technology specialist Impeo
Exclusive: Fadata Group has acquired Munich-based technology specialist Impeo and its subsidiaries.
Homelyfe appoints Peter Barrett as chairman
Insurtech company Homelyfe has hired ex-Genworth Financial managing director, Peter Barrett as chairman of the business.
Insurers in call for clarity over autonomous and assisted technology
Insurers have today highlighted the potential dangers of the ambiguities surrounding autonomous driving and driverless technology.
Rising Star: Louise Williams, Smartdriverclub
Having worked for an aggregator, Williams is now a product manager at the broking start-up
Roundtable: Industrialising insurance innovation: Breaking down silos
The scalability of digital innovation is a problem for the insurance industry. What can be done to prepare insurers to create initiatives with the ability to ‘build fast and fail fast’?
GDPR to boost UK cyber insurance take up, says Hiscox CEO
Incoming European data regulations will drive demand for cyber insurance in the UK, according to Hiscox’s CEO.
IBM terminates £55m digital transformation deal with Co-op
IBM has terminated its £55m contract to upgrade Co-op Insurance’s IT systems.
Blog: Building on blockchain
Blockchain is gaining popularity among insurers, who will need to figure out how to integrate it with legacy systems, says Michael Clifton, senior vice-president, global insurance strategy and ventures at Cognizant.
Brolly closes £1m seed round with Valar Ventures
Insurtech start-up Brolly has closed a £1m seed round led by Valar Ventures, Pi Labs and Entrepreneur First.
PPL update expected mid-September following delays
Placing Platform Limited, the London market’s electronic placing platform, will get its next update in mid-September, the platform's board has said.
Kennedys launches incubator platform to modernise legal services
Global law firm Kennedys has launched an incubator platform to build technological innovation within the legal sphere.
Allianz launches on-demand drone insurance with start-up Flock
Allianz has partnered with start-up Flock to launch app-based on-demand drone insurance for commercial and recreational users.
Axa partners with Uber to provide employee cover
Uber and Axa have signed a partnership that will see France-based independent Uber employees receiving insurance cover for free.
Biba launches claims app for brokers
The British Insurance Brokers’ Association has launched a claims smartphone app facility for brokers with Insure Apps.
Legal Update: Catastrophic injury claimants can benefit from assistive technology
Assistive technology can provide a cost-effective way of helping claimants with catastrophic injuries, explains Malcolm Henké, partner at Horwich Farrelly.
Blog: Digitisation and the battle for relevance
Digital technologies offer insurers the opportunity to reconnect with their clients and earn back their trust, writes Robin Wolstenholme, senior marketing specialist at Liferay.
Aviva names five start-ups for fintech incubation programme
Aviva and Founders Factory have revealed the first five start-ups selected for its fintech programme.
Public divided on driverless cars, study reveals
Over a third of the public are sceptical of driverless cars, with only four in 10 ready to embrace the technology.
This week: Planning, predictions and packing
I am most definitely a planner. Being organised usually tops my list of attributes in appraisals and most of my life as a busy working mum is run by lists. In fact the holiday I'm just about to fly off to has been two years in the planning.
Insurtech funding hits $985m, up 248% in Q2
Funding for Insurtech start-ups saw a 248% increase to $985m during the second quarter of 2017, said Willis Re.
On-demand insurance provider receives £1.2m in funding
Pay-as-you-go insurance provider, Zego has raised £1.2 million in a seed funding round following the launch of its first product led by Aviva.
Sequel enters partnership with fintech underwriter
Software specialist, Sequel Business Solutions has entered long-term partnership with fintech underwriting company, Elseco.