Technology
AI unlikely to wipe out jobs but will have 'significant' impact on insurance industry
Investment into Artificial Intelligence start-ups has gone up by 80% since January last year but there is some time to go before technology wipes out jobs in the industry.
Hood Group gets government funding for AI and machine learning project
Hood Group has secured over £96,000 in government funding from Innovate UK that will help it develop data and Artificial Intelligence services.
LV's Steve Treloar on learning from the independent broker
For years, there has been talk in the industry about the future role of brokers in the sector, Steve Treloar, managing director of general insurance at LV explores the issus.
Blog: Social media tips for brokers
Ahead of the annual conference of the British Insurance Brokers' Association in Manchester, Joel Markham, head of regional broker distribution at Ageas, shares his tips on how to leverage social media.
Robo insurance developer seeks MGA partner
An insurtech developer is looking to partner with an underwriter to further develop its Artificial Intelligence-based chatbot.
PIB chooses Ignite as its broking systems provider
PIB has chosen software provider Ignite as its broking systems provider for its personal lines business.
In Depth: Insurtech gold rush
Reinsurers are injecting more money into start-ups to get a foothold in insurtech - and the disruptors are welcoming the investment from these flexible partners.
Roundtable: ADAS and the next step to driverless cars
Autonomous vehicles, drones and cyber innovation have been hogging much of the discussions as to how insurers can prepare themselves for the technology of the future. What can easily be overlooked is the complex technology that already exists in the…
Carole Nash appoints ex-Google employee to chief digital officer
Carole Nash has appointed ex-Google employee Hein Kuiper to the newly created role of chief digital officer.
Insurtech investment falls by 64% in Q1, says Willis Towers Watson
Investment in insurtech has fallen by 64% in the first quarter of 2017 compared with the same quarter last year according to global broker consultancy Willis Towers Watson.
Allianz's Neil Clutterbuck on transforming motor insurance in the cloud
Harnessing the power of cloud computing can offer many business benefits in terms of data storage and processing, accessibility and cost. But with potential risks alongside the benefits, the opportunities it offers the insurance industry are still up for…
Blog: The future of insurance pricing
The powerful combination of improving digital technologies and data management solutions is having a significant impact on insurance pricing explains David Evans, managing director at the Collinson group.
This Week in Post: Extinction and distinction
This week I took my toddler to see the roaring animated T-rex at the Natural History Museum. “Raaa!” she growled, before wimping into her father’s arms, unaware dinosaurs are actually extinct.
Covéa's James Reader on insurance's ‘two lengths of the pool’
Spending some time with sport psychologist Simon Hartley reminded James Reader, CEO of Covéa Insurance, it can be all too easy to lose focus on what we’re really here to do
Big Data practices 'will trickle down from health to GI'
Health insurers may be leading the way with data analytics but best practices will eventually trickle down to general insurance, the CEO of a health tech start-up said.
Blog: Driverless cars, potential for cyber mayhem?
Nothing is truly resilient against hacking. There’s always a trade-off between utility and the cost of protecting those systems according to Mark Hawksworth, technology specialist practice group leader at Cunningham Lindsey.
Insurtech start-up to offer cyber 'credit checks' for insurers
A start-up is planning to offer insurers a cyber security risk analysis for high net worth individuals and businesses.
Watch live webinar at 3:00pm today on personalisation within the insurance market
Personalisation or irrelevance, watch the latest Post webinar this afternoon on why insurance companies need to match their customer's raised expectations in the digital age.
Health insurer uses AI 'medical brain' to aid staff in decision-making
A health insurer is using an artificial 'medical brain' to improve its underwriting and claims.
AIR Worldwide launches cyber risk aggregator tool
Catastrophe modelling firm AIR Worldwide has launched a cyber risk modelling tool to estimate potential insured cyber losses across an insurer's portfolio.
XL Catlin to participate in 30-month autonomous vehicle trial
XL Catlin is involved in a project that will trial a fleet of autonomous vehicles between Oxford and London alongside a consortium of partners.
Aviva's 'Ask It Never' concept to cut out question asking process
Aviva has created a new prototype system that will use Big Data rather than rely on customers to fill out hundreds of questions when making an application.
Blog: Diary of an insurtech start-up, episode 2: Silicon Valley
James Stuart Clarke, head of sales and partnerships at Digital Fineprint, compares the start-up scenes of San Francisco and London in the second instalment of his behind-the-scenes look at insurtech disruption.
Digital Collective Blog: Getting the CFO on board
Most corporate data is ultimately used to feed financial systems and drive C-level decisions, so having the chief financial officer as an ally or even as a sponsor for your insurance core system transformation seems like an obvious choice. Adam Lamkin,…