Technology
Average policy savings of £15 predicted following My Licence launch
Motor Insurers’ Bureau CEO Ashton West has set his sights on the “the holy grail” of delivering claims data at the point of quote by 2016, following the launch of the My Licence initiative, which is expected to spark customer savings.
My Licence officially launches
The My Licence initiative has officially been launched by the Motor Insurers' Bureau and the Driver and Vehicle Licensing Agency.
Insurers challenge 'wait and see' image and take action on technology
Insurers are increasingly looking to invest in or acquire digital start-ups to provide the expertise they need to pursue their ambitions in this sector, according to market insiders.
Blog: Adding value through data
Historically, many businesses have looked to customer data to help build customer insight and shape their marketing activity
RSA named as insurer partner for Greenwich driverless cars pilot
RSA has been selected as the insurer partner for the Government-backed driverless cars project in Greenwich, London.
Axa picked as insurance expert for driverless cars project
Axa has been selected as part of two government-funded initiatives to pilot driverless cars in the UK.
Video: Combatting mobile and online insurance fraud, without disrupting the customer journey
It is currently estimated that there are over 5 billion connected devices in the world.
Octo adds services to CDL telematics hub
Octo Telematics has partnered with software provider CDL to combine its solutions with the CDL telematics hub and make them available to UK insurance retailers.
CMA threatens Xchanging with in-depth competition probe
The Competition and Markets Authority has pledged to undertake an in-depth investigation of Xchanging’s acquisition of Agencyport unless the firm can address concerns of the deal’s impact on competition.
Innovation Group inks £46m deal for motor service specialist as CEO departs
Innovation Group has revealed a deal to spend up to £46m on one of the UK’s leading motor service plan specialists, alongside announcing the departure of CEO Andy Roberts.
C-suite - Broker: A bright new age for forecasting
A new Met Office supercomputer could provide more accurate models for insurers
Legal Update: Autonomous Vehicles: Motor evolution is imminent
Nick Rogers explores the coming changes to insurance that driverless cars will bring
Claims Club News: Connected-home devices could cut claims costs
Insurers can proactively reduce their claims costs by encouraging the uptake of connected-home devices, according to Ninety Consulting’s Geoff Knott.
Claims Club News: Insurance implications of automated cars depend on level of human interaction
The extent of human interaction is one of the biggest challenges companies face in the race to develop driverless cars.
Blog: Why ratings hubs could be the answer
False declarations are a bugbear for insurers. Mark Bates, CEO of insurance software specialist RDT, looks at the challenges and discusses technology to help defeat the fraudsters
Digital Insurance and Technology Awards 2014: Winners Revealed
Post’s Digital Insurance and Technology Awards took place last night at the Royal Garden Hotel in London. The event recognised the increasing role that technology plays in enabling those in the insurance industry to streamline their processes, innovate,…
Europe: IP intelligence insures against application fraud
How can European insurers use internet protocol intelligence such as location verification to tackle fraud, asks Steve Sawyer of Digital Element
Acturis reaches 12,000 users
Software provider Acturis has passed the 12,000 user mark and has grown its user-base by 20% since October 2013.
C-Suite - Insurer: The features of fracking
The rise of fracking in the UK means significant opportunities for the environmental insurance market
Career development: Catlin CEO leads 2015 candidates for insurance hall of fame
Stephen Catlin is among the nominees to be introduced to the International Insurance Society’s insurance hall of fame for 2015.
Assurant Solutions launches connected home division
Assurant Solutions has launched a division to offer protection for people living in connected homes.
C-Suite: Are you afraid of the cloud?
The rush to the cloud has thrown into stark contrast a difficult situation for insurers writes James Maudslay.
Claims Club Monthly Missive: Driverless cars, connected homes and PPOs
From Tennessee to London, over the past few months I have heard a considerable amount about the future of insurance.
Insurance Technology 2014: Industry needs more 'digital evangelists'
The insurance industry needs a few ‘digital evangelists’ to cause a paradigm shift in boardroom attitudes to technology, according to panelists at Post’s Insurance Technology 2014 conference.