Technology
Quindell enters North America through acquisition
Quindell Portfolio has entered the North American insurance market through its acquisition of software as a service-based provider Iter8 in a deal worth £20.8m.
Expert Analysis: Making changes
Price comparison sites are making changes to the way they operate, embracing telematics and moving into new product lines.
View from the Top: Take risks on bright young things
My two-year-old can’t talk yet, but he can give me a tutorial on the use of my iPad. There is more to this statement than a reflection on my ability to use handheld computers.
In Series: Balancing act
Personal lines insurers must be careful to ensure their desire to harness the power of data doesn’t get in the way of treating customers fairly.
Market Moves: Bluefin makes two key hires, while it was a busy week for insurers too
In a week in which cross-industry recruitment arrived thick and fast, Bluefin was the firm flying the flag for the broking sector, having announced two key hires in the form of a non-executive chairman and a head of high net worth. Not to be outdone by…
In Series: Personal Lines: Proceed with caution
As well as the benefits offered by increased data usage, personal lines insurers must consider its many pitfalls.
Brokers can trade completely online with Allianz Commercial offering
Allianz Commercial has launched a full-cycle business model which will enable brokers to trade completely online.
Capita launches London market risk capture programme
Capita Insurance Services aims to improve efficiency in the London market by applying its market level risk capture programme already used by managing agents with service companies in Singapore.
Xchanging launches free London wi-fi
Xchanging has begun the roll-out of free wi-fi access throughout the City of London with the firm’s Leadenhall headquarters leading the way.
Markel moves to single tech platform
Markel has streamlined its business processes by replacing several back office systems with a single business platform.
In Series: Personal Lines: The good old days
Insurers now benefit from data usage that allows them to tailor prices from hundreds of categories. But this wasn’t always the case.
View from the Top: Crucial differences
Technology firms that fail to grasp the differences between PI and E&O insurance put themselves at risk, says David Legassick.
Quindell wins five-year deal with RAC
Quindell has said a new five-year contract that sees RAC implementing its end-to-end technology platform has the potential to be its largest revenue generator to date.
Telematics and insurance: What opportunities exist in a burgeoning market?
The telematics market of 2013 looks vastly different to that of years gone by.
Market Moves: McPherson leaves A&A Group after 28 years, while Allianz looks to African growth
It was a relatively quiet week for the industry as appointments within the broking sector – a regular hive of recruitment – were few and far between, with the only notable activity in the sector coming in the form of the departure of veteran A&A Group…
Technology: Get smart, get appy
Insurers are widely considered to be slow adopters of new technology, but how do they fare in the world of mobile apps?
Comment: Power struggle
CEOs and CIOs are often at loggerheads when it comes to investing in new software, but this must change, says Andrew Binns.
ProSight appoints technology underwriter
ProSight, which operated Syndicate 1110 at Lloyd’s, has appointed Dennis Huggins as technology underwriter with immediate effect.
Your say: Insurers must keep telematics pace
Following the implementation of the European Court of Justice ruling in December preventing insurers from using gender as a proxy on which to price insurance premiums, it comes as no surprise that the number of telematics based policies available is on…
Quindell acquires medico-legal service provider
Quindell has acquired Isaas Technology, a cloud-based software service provider to the medico-legal and legal services in the UK and overseas, for £1.34m.
Market Moves: Big names Sime and Giles among this week's notable departures
There were high-profile changes within both the insurer and broking arenas this week – with two significant moves involving senior figures at major organisations. At RSA, long-serving employee Chris Sime revealed his decision to walk away from his…
Improving Underwriting: The bigger the better
How is the move towards ‘big data’ from external sources helping insurers price risk in the post-Gender Directive environment?
Reames reunites with ex-Swiftcover colleagues at consultancy start-up
Axa’s former chief claims officer and Swiftcover executive Robin Reames has ruled out building a “Swiftcover mark II” after reuniting with three former colleagues at their new Kent-based consultancy firm Trinity M.
Fraud: A war on all fronts
Fraud affects all lines of business and yet to date insurer focus on solving the problem has been on motor. Is it time for a shift in perception?