Technology
UK insurtechs among delegates on US trade mission
Flock and Digital Fineprint will join 11 other British fintech companies in a Department for International Trade delegation to Empire Fintech Week in New York.
Industry is falling behind on digital transformation: research
Financials services lag behind other industry sectors when it comes to digital transformation, according to a recent report.
Analysis: Will Lemonade’s shrinking losses buoy insurtechs?
Lemonade's success in cutting its underwriting losses could encourage other insurtechs to become carriers, market analysts suggest.
Lemonade slices underwriting losses
US-based insurtech Lemonade has cut its underwriting losses and grown premiums.
Insurtech Shift secures $60m funding
Insurtech Shift has raised $60m (£45.5m) in a series C funding round led by Bessemer Venture Partners.
Direct Line to target price comparison sites with Darwin launch
Direct Line will launch a business called Darwin in the next quarter focused exclusively on sales from price comparison sites.
Opinion: SMEs: Emerging risks - Tackling the challenges facing SMEs
SMEs may be concerned about keeping a competitive advantage – but it’s the evolving workforce challenges that can have the greatest impact on their success
Opinion: SMEs: Emerging risks - Cybersecurity for smaller businesses
In 2018, household names such as British Airways, Marriott Hotels and Facebook faced the potentially devastating consequences of large-scale data breaches. However, the threat may be bigger for SME’s, as smaller businesses lack the same resources to…
This week in Post: Storm, Brexit and diversity
This week, the sunshine we were blessed with last week was replaced by a more winter-appropriate grey sky and rain.
Biba plans 'Dragon's Den' hackathon
A Dragon's Den-style 'hackathon' will be held for the second year running at the British Insurance Broker's Association conference in Manchester.
Telematics Watch: Telematics and safer driving – is it working?
With telematics volumes rising steadily in recent years to pass the one million policy mark, a key question for those looking to accelerate its take-up further is whether the main premise of the product – that it is making the UK’s roads safer – is being…
Pay-per-mile motor insurtech By Miles raises £5m
By Miles has raised £5m in a Series A funding round led by Bought by Many investor, Octopus Ventures.
Q&A: Richard Coleman, Collinson
With increased regulation and Brexit travel insurance is facing an interesting time, Post caught up with Richard Coleman, European director at Collinson, who talked to us about his thoughts on market developments in 2019.
Lloyd's syndicate-backed insurtech launches
Lime, a new life insurtech targeting what it calls a “protection gap” in the UK, has launched.
Amanda Blanc issues caution on insurer big data use
Zurich EMEA CEO, Amanda Blanc cautioned insurers on how they use big data in her keynote speech at the Association of British Insurers annual conference.
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Q&A: Paul Mang, Guidewire
Aon's former CEO of analytics, Paul Mang has been tasked with bringing together Guidewire's Analytics and Data Services division. Mang spoke to Post about cyber risk, data, and lifted the lid on Guidewire's $275m purchase, data tool Cyence.
Webinar: Removing the shackles of heritage technology to become fit-for-purpose
The burden of legacy or heritage technologies is not a new issue for the insurance industry.
AI insurance fraud initiatives get £13m government backing
The government will put part of a £13m fund towards using artificial intelligence to fight insurance fraud.
UK insurtech attracts $1bn of investment in 2018
UK insurtechs saw over $1bn (£780m) of funding in 2018, up from $792m the previous year.
Blog: How can insurers adapt to the ever-changing automotive landscape?
One of the biggest challenges facing motor insurers is delivering a service that attracts and keeps customers, while keeping control of premiums argues James Roberts, business development director for insurance at Europcar Mobility Group UK.
Post launches new Reputation event focused on creating an ethical and inclusive insurance market
Those that work in insurance have long known it has reputation issues.
Applied drafts machine learning plans with Google
Exclusive: Applied is working with Google to introduce machine learning technology into its business.
Inshur picks up $7m investment in Munich Re-led funding round
Inshur is eyeing further expansion, having raised $7m (£5.4m) in its Series A funding round, in addition to gaining a $2m credit facility.