Technology
I work in insurance: Simon Norton, risk consultant, Aviva
In order to carry out his risk consultant role at Aviva Simon Norton has had to gain a license to fly drones.
Ageas to outsource IT operations amid wider restructure
Ageas UK intends to outsource the majority of its IT infrastructure and operations to a third party supplier.
Ed placed two thirds of business using PPL
Ed has backed calls for a league table of brokers using electronic placement.
Axa Partners launches travel insurance on Wechat
Axa Partners has launched its end-to-end travel insurance service on Chinese mobile communication platform Wechat, which has over one billion users.
Ageas to close Port Solent and Stoke operations
Ageas intends to close its Port Solent office by June 2019 and its Stoke office by June 2020, and expects to close its sales and service operations in Eastleigh.
Blog: Telematics data delivers claims validation yet insurers forego the facts
Telematics has been proven to provide incentives for safer driving and help lower premium for customers but Penny Searles, CEO of Smart Driver Club, believes insurers are missing a trick when it comes to the data this technology puts at their fingertips.
Majority of cyber policies are 'flawed'
Mactavish has warned that the majority of specialist cyber insurance policies contain significant flaws that could precipitate disputed claims and lower-than-expected settlements.
We Go Look co-founder steps down from CEO role
Exclusive: We Go Look co-founder Robin Roberson (formerly Smith) has left her role as CEO of the company.
This week in Post: No done deal
Post journalists and broking stalwarts found themselves in the Houses of Parliament this week, on the day that Prime Minister Theresa May’s Brexit deal suffered an historic defeat.
Insurtech diary: D-day for product launch
In this instalment, Holly Tester, marketing executive at Buzz, joins the firm the week of the Buzzvault launch, and explains how the launch process works.
Axa-backed Setoo plots UK Q1 launch
Exclusive: Axa-backed broker Setoo expects to launch in the UK next month, and has outlined further fundraising plans for later this year.
This week: What does the fox say?
Brightside’s new managing general agent Kitsune takes its name from the Japanese word for fox. The animal is much admired in Japanese folklore for its intelligence and supernatural abilities – characteristics all the insurance companies that announced…
Blog: Model behaviour for insurance risk prediction - destroying the myth of the magic funnel
In a highly competitive market, it is important that insurers maximise their data models to create more intelligible insights. Only then, argues Alan O’Loughlin of Lexis Nexis Risk Solutions, will they gain a strategic advantage over competitors
Deal with Richard King’s Ticker sees Hood Group enter telematics
Hood Group and Richard King-led Ticker have entered into a three year contract, which will see service provider Hood Group venture into telematics for the first time.
Zego in debt deal with venture capitalist Triplepoint
Exclusive: Pay as you go insurtech Zego has inked a deal with venture capitalist Triplepoint that will see it take on debt to fund further expansion.
Analysis: Will BA data breach open floodgates for future data group actions?
The British Airways data breach is the first major case since the General Data Protection Regulation became law. With the firm facing group legal action and the Information Commissioner’s Office testing its teeth for the first time, what might this mean…
Kingsbridge acquires gig economy insurtech Dinghy
Kingsbridge Group has acquired of insurtech company Dinghy, which provides on-demand professional indemnity cover to freelancers and ‘gig’ economy workers.
BGL Group's Rachael Gillett on why apprenticeships could be a return to insurance roots
Many view apprenticeships as an obstacle to overcome or avoid but Rachael Gillett, chief people officer at BGL Group, reminds the sector that many existing employees started their successful careers this way.
Roundtable: Building out from the back office
The hype over new technologies might have the industry excited. But there remains a question of whether these firms’ back offices are fit for purpose to enable them to maximise these customer facing investments. Against this backdrop, Post, in…
Interview: David Rule, Prudential Regulation Authority
With Brexit, increased scrutiny over reserves, climate change and emerging risks on the ‘watch’ list for 2019 The Prudential Regulation Authority certainly has a lot on its plate. Its executive director for insurance, David Rule spoke to Stephanie Denton…
Research: Reconciliation and settlement systems
On the back of recent research by Post and Banking Circle – the financial utility – into the banking/payments infrastructure insurance companies use for reconciliation and settlement, Edward Murray sought to discover the most pressing pain points and how…
Ageas' Ant Middle on why the industry shouldn't focus on 'doom bingo'
It's pretty easy to generate a list of challenges facing the insurance sector in 2019 but Ant Middle, chief customer officer at Ageas, believes insurers should be looking to creating new opportunities instead.
Analysis: Jumping into 2019
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well
Blog: Tackling theft
High-tech and more traditional theft is on the up, so understanding the latest trends is an important step in tackling it, according to Neil Clutterbuck, chief underwriting officer at Allianz Insurance.