Technology
Vitality offers Apple Watch in 'health telematics' deal
Health insurer Vitality has become the first in Britain to encourage customers into exercising by offering an Apple smartwatch as a reward.
Allianz Ventures invests in robo-advisory wealth management system
Allianz Ventures has decided to take a shareholding in robo-advisory system MoneyFarm to help broaden its presence within Europe.
FCA says online reporting portal back online after outage
The Financial Conduct Authority said the “majority” of its systems are back online after an outage at a data centre on Friday.
Video: Applied Net 2016 - How can technology help to shape insurance services?
At Applied Net 2016, analysts and industry professionals gathered to share insights into how to use digital services to enhance their businesses.
This week: Patronuses, start-ups and blockchain
As J K Rowling continues to delight fans with updated ebooks on her website Pottermore this week we learnt a bit more about our team mates on Post as a new feature was released.
Hack of Tesla car raises fresh liability concerns
The successful hack of a Tesla driverless car has raised potential insurance implications that will need to be addressed by UK legislators, experts have warned.
Brokers could be responsible if SSP is unable to recover data
Brokers could be held responsible for data loss if SSP is unable to recover its document archives.
John Salmon joins Hogan Lovells to boost its global fintech team
John Salmon has joined Hogan Lovells' London corporate practice as a technology partner to boost its global fintech team.
Could other start-ups follow the Beyonce name-checking Lemonade in seeking musical inspiration
This week saw the launch of the much trumpeted and anticipated peer-to-peer insurer Lemonade.
Applied Net 2016: Insurance industry in need of a 'modern twist'
The UK insurance market is in need of a ‘modern twist' as the US introduces more disruptive technology.
Legal Update: The attack of the dangerous toys
Insurers need to fill the coverage gap for the new high-tech gadgets that may fail, explode and cause fires
Applied Net 2016: Connected systems could increase insurers' ability to 'cross-sell' products
Technology is currently having the most impact on the insurance industry and customers are more likely to engage with insurance services via apps and websites.
Why 'unhackable' blockchain could revolutionise the insurance industry
Everyone’s talking about it, but is anyone really doing it? There’s a continuous chatter surrounding blockchain, so isn’t it about time more firms used the distributed ledger system?
Applied Net 2016: Insurers need to find new way of innovating to contend with Millennial threats
Voice recognition and video interfacing could be the two next best things in insurtech and could help to increase customer engagement in the insurance market place.
Lloyd's: 90% of major firms hit by cyber attacks
Nine in ten big businesses have suffered a major cyber-attack in the past five years but less than half are worried about suffering another breach in the future, a survey has found.
SSP sends compliance message to brokers via the FCA
In midst of the recent outrage, SSP has sent a message to its brokers via the Financial Conduct Authority to demand total compliance.
Google France looks to re-enter insurance market amid talks with insurers
Google's French division is seeking partnerships with insurance companies to work across some of its businesses including smart-tech provider Nest.
Blog: The connected claim
With the connected home, claim alerts and notification to insurers could become automatic.
SSP admits possible loss of a week’s worth of data
A week’s worth of documents may have been lost by SSP as a result of the outage that occurred 20 days ago.
Lords committee launches inquiry into driverless vehicles
The House of Lords Science and Technology Committee is to conduct an inquiry into future uses of autonomous vehicles in the UK.
Chubb expands UK cyber risk capabilities
Chubb has expanded its cyber risk engineering capabilities in the UK and Ireland.
CPP will spend £6.5m on own platform rather than use SSP
A credit card insurer said it will spend £6.5m to develop its own IT platform rather than use SSP as a partner.
Industry braced for disruption from insurtech start-ups
Insurance professionals believe there will be an increase in new products and innovation in the coming years, driven by competition from disruptive insurtech firms, research has found.
SSP declines to say when full service will be restored
SSP has declined to put a timeframe on when document archives will be restored to brokers.