Technology
Motor - Indicative reading time: 45 minutes
A series of CPD knowledge learning opportunities that can be used to accrue reading time. The pass rate is 80%.
This week in Post: Driving out distraction
Road Safety Week marked the launch of Post’s Driving out Distraction campaign, in which we are urging the industry to pay attention and pull over rather than using hands-free devices while driving.
How to take advantage of digital innovation as an MGA
At a time when managing general agents are performing strongly, working hard to stay profitable and maintain growth, the question of how to make best use of the latest tools is more important than ever
Direct Line aims to cut £50m in costs
Direct Line Group will look to save over £50m in costs before 2022, it said in a trading update.
Blog: Are MGAs best placed to build the future of underwriting?
Unencumbered by legacy technology, managing general agents are well placed to invent a better future for insurance. Cytora CEO Richard Hartley on why the likes of C-Quence and Convex are creating a radically different type of insurance company.
Aon buys insurtech Coverwallet
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.
Staysure buys majority stake in aggregator owner
UK insurance and travel provider Staysure has acquired a controlling stake in Eclipse Financial Holdings, the owners of payingtoomuch.com.
Q&A: Laura Drabik, group VP of business innovation, Guidewire
Hiriyti Bairu spoke to Laura Drabik, group vice-president of business innovation, Guidewire about the opportunities and challenges facing insurers and insurtechs.
Go Compare owner appoints chief technology officer
The owner of Go Compare, Goco, has appointed Seb Chakraborty as group chief technology officer, with immediate effect.
GRP's Mike Bruce on client relationships in commercial broking
How do brokers know that they’re doing a good job for their client? Mike Bruce, group managing director, Global Risk Partners, explains in the commoditised personal lines market, where products are relatively homogenous, it’s often simply about…
Flood forecasting insurtech launches nationwide
Insurtech Previsico has launched nationwide, aiming to support insurers, brokers and their customers across the whole of the UK with live actionable flood warnings.
Interview: Trak Global CEO and co-founder Nick Corrie
A decade into its journey, Trak Global is finally ready to break the US on the back of an acquisition and £40m plus private equity raise. CEO and co-founder Nick Corrie tells Jonathan Swift about why he prefers to get on and do things quietly than spout …
ABI backs Gibraltar government's pitch to British businesses
The Association of British Insurers remains “fully supportive” of the Gibraltarian insurance market and “the choice that it gives UK customers,” ABI director general Huw Evans has said.
Zego to target UK insurance licence after becoming Gibraltar carrier
Insurtech Zego has become a licensed insurance carrier in Gibraltar and is also expected to target a full UK licence.
Guidewire unveils product innovation platform
Guidewire's latest platform, Advanced Product Designer, is expected to design and deliver insurance products faster, a conference heard.
This month in Post: Thomas Cook-up
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
Insurers should embrace cloud technology to transform their businesses: Guidewire CEO
The insurance industry needs to change “decades-old habits” and use cloud-based systems to effectively manage risk, inform people and make decisions, a conference heard.
Axa stops selling blockchain flight delay product
Exclusive: Axa has ceased writing its blockchain-enabled automatic flight delay product Fizzy, citing low market appetite and inadequate distribution channels.
Analysis: Under the skin of Lloyd's Blueprint One
Lloyd’s has published Blueprint One: the first of a number of ‘blueprints’ it intends to produce over the coming years as it overhauls the market for the 21st century
Roundtable: Cyber - the next big opportunity in personal lines
Cyber has been long-touted as offering insurers and brokers a huge opportunity in commercial lines – from SMEs to corporates. But as individual consumers become ever more aware of their vulnerability to data breaches and cyber attacks, an equally large…
Interview: David Walsh, CFC Underwriting
A child of the dot-com boom, CFC Underwriting has now left its teenage years behind as it enters its twentieth year as one of the pre-eminent specialist managing general agents in the London market. CEO David Walsh spoke to Jonathan Swift about the …
VIPR promotes Paul Templar to CEO
Insurance software provider VIPR has promoted its chief technology officer Paul Templar to CEO.
Radius buys majority stake in The Burley Group
Radius Payment Solutions has bought a majority stake in transport specialist The Burley Group for an undisclosed sum.
Lemonade accuses Deutsche Telekom of 'bully tactics' as it fights trademark injunction
Insurtech Lemonade is fighting an injunction by T Mobile parent company Deutsche Telekom over use of the colour magenta.