Technology
Fadata replaces CEO in planned turnaround
Exclusive: Fadata has replaced its CEO amid a planned turnaround for the struggling policy administration firm.
AGCS' Yogesh Virji on managing inevitable cyber risks
As cyber risk is climbing the concern ladder, Yogesh Virji, head of cyber - UK at Allianz Global Corporate & Specialty, explains how the materialisation of this threat can affect various lines of insurance.
Ice Insuretech sees ‘aggressive’ growth following its acquisition by Acturis
Exclusive: Having seen rapid growth, Acturis-owned insurance software provider Ice Insuretech expects to continue growing over the coming year.
Buzzvault targets full gender balance
Buzzvault has launched a campaign to achieve gender balance across its business and in the wider insurtech community.
Blog: The four stages of insurance innovation - a model to make sense of the market
Insurtech innovators comes in many different shapes including 'angsty', 'arms length' and 'armchair'. However, Dan White from Ninety Consulting argues large businesses should aspire to be 'all- together' innovators to maximise digital opportunities.
Interview: Jacqueline McNamee and Elliot Biggs, C-Quence
Keen not to be lumped in with the insurtech movement, new managing general agent C-Quence is ready to launch in Q3 backed by Primary and Arch. Its CEO Jacqueline McNamee and chief information officer Elliot Biggs outline to Jonathan Swift why data, a…
Lloyd’s courts disruptive technology with accelerator launch
Lloyd’s of London’s innovation accelerator Lloyd’s Lab launched today, following a global hunt for technology talent.
Q&A: David Bonehill, Ecclesiastical
Ecclesiastical claims director David Bonehill was awarded the Achievement Award at the eighth Post Claims Awards. As technology is transforming claims, he predicts tech giants will enter the market, probably in the motor or home arena.
Watchstone suffers Ogden hit, bulks up legal cost provisions
Watchstone has reported a pre-tax loss of £3.5m for the first half of 2018, with Ingenie still suffering from Ogden woes.
Axa's Sonia Wolsey-Cooper on doing serious social good
Large insurers have the expertise to prepare for the future, writes Sonia Wolsey-Cooper, chief corporate responsibility officer at Axa UK and Ireland, urging them to fund research and strike partnerships for the common good.
Allianz Partners launches three new 'innovation centres'
Following the launch of its Automotive Innovation Centre in 2014, Allianz Partners has created three further 'innovation centres'.
Zhong An shoots five places up Chinese P&C rankings, underwriting hits continue
Zhong An is now the 13th top player in China’s property and casualty market. It has moved five places up the rankings since the end of 2017.
LMA names Navigators’ Cameron as CEO
The Lloyd’s Market Association has named Sheila Cameron, currently head of International Operations at Navigators Underwriting, as CEO.
Acord streamlines testing process
Global standards body Acord is making it simpler for trading partners to connect when they use Acord Standards for the first time or upgrade to its newer version.
Driverless experts: Autonomy to lead to ‘brutal’ insurer consolidation
Autonomy experts expect the advent of driverless cars to result in massive amounts of consolidation and change in the motor market, with mid-size personal lines players most at risk.
Rising star: Stephen Southern, Insure the Box
Southern cut his teeth in a sales role at the AA, now he is compliance monitoring officer at Insure the Box
Analysis: How Amazon could make waves in claims
With talk abound of a possible Amazon entry into insurance distribution, what could an Amazon entry into claims look like?
Blog: How to treat brain and spinal cord injury claims
Insurers face a variety of challenges when dealing with brain and spinal injury claims. Raouf Achour, associate at Horwich Farrelly, lists the latest treatments - and the medico-legal issues attached.
Lloyd’s managing agents call for greater ILS use
Some 80% of Lloyd’s managing agents would like to see insurance-linked securities become a permanent fixture in the reinsurance and insurance market.
Top 30 European insurers 2018: A year of steady growth for insurers
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
Blog: Open banking offers a new insurance distribution channel
Some might have already labelled it a failure but open banking will continue to evolve and insurers should sit up and take notice. That is the view of The Marketing Eye's Neil Edwards, who believes these platforms could eliminate form filling and make…
Esure looks for 'new type of leader' following Bain takeover
Esure is looking for a digital-savvy CEO from outside the industry, who will lead a transformation programme when Bain Capital takes ownership at the end of the year.
Blog: Heatwave causes subsidence claims to spike
Insurers should brace themselves for higher subsidence claims volumes, explains Sne Patel, head of subsidence at Crawford & Company.
Analysis: Cyber terrorism: A ticking digital bomb?
Cyber terrorism is still very much a hypothetical threat but, with governments investing in cyber security to foil attacks, it’s a risk that insurance markets are watching closely