Technology
Insurtech Kinsu hits pause over lack of funds
Exclusive: Millennial gadget and bike insurance provider Kinsu is no longer accepting new customers, which its CEO has said is due to a lack of investment.
Insurtech board creates legal roadmap for start-ups
A fintech trade body has launched a roadmap to aid new insurtech market entrants.
Interview: Clive Nathan, Global Risk Partners
Clive Nathan joined Global Risk Partners as its underwriting CEO, overseeing the consolidator’s managing general agent division, in April last year.
Analysis: Bad data - A risky business for insurers?
Data is everywhere: good data, partial data, valuable data, bad data. Insurers need data to measure and price risks but do they take enough care in assessing the quality and provenance of the data they are using and are their processes sufficiently…
QBE's Cecile Fresneau on being prepared for the worst
Businesses are operating in unpredictable times and Cecile Fresneau, executive director for UK Insurance at QBE, believes preparing for the what if’s and the absolute worst-case scenario will keep insurance relevant.
Blog: Getting Insurtech over the wall and up the hill
Agile is poorly understood by the UK insurance industry - and implemented even worse. That is the view of Oxbow Partners' Chris Sandiland, who offers his own take on how incumbents can best take advantage of an insurtech and innovation strategy
This month: Seeking the right fit
I’m a fan of making sure stuff is the right fit - I make a point of trying on new outfits in my own home with accessories and shoes to make sure it all works for me. I also test drove my new car a few times to check it was what I wanted. Aon, however,…
Blog: International Women's day - Less talk, more action
On International Women's Day Amanda Blanc, CEO of EMEA for Zurich Insurance, says businesses must take diversity seriously.
Ireland sets up insurtech hub to fuel growth
A government-backed insurtech centre has been set up in Ireland in a bid to boost the country's start-up scene.
Lemonade rival Wefox gets $125m for Europe expansion
Berlin-based insurtech Wefox Group has raised $125m (£95m) in a series B funding round led by Mubadala Investment Company.
Analysis: What do the millennials think of insurance?
Insurance has struggled to attract talent in recent years, finding itself competing with ‘sexier’ industries
Interview: Janet Connor, The AA
A lot has changed at the AA in the five years since Janet Connor, now director of insurance, joined the organisation. She explains to Jonathan Swift how an investment in data and technology – alongside the relaunch of its insurance company and board…
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.