Data analytics
Some insurtech investment doesn't make sense, conference hears
Some investment criteria into insurtech start-ups “don’t make sense over time”, said Neil Harrison, global head of claims at Aon Risk Solutions, warning against “innovation that is going to cause dissatisfaction”.
Q&A: Nigel Edwards, EXL
Nigel Edwards, senior vice-president and head of Europe at EXL Services, spoke to Jonathan Swift about the incoming General Data Protection Regulation and its impact on insurers.
Blog: Driving efficiency and automation by breaking down data silos
Some underwriters are still reviewing data manually but Rodrigo DeCossio, UK insurance lead at Mark Logic, suggests 2018 might be the year to automate these processes and drive more efficiency in underwriting.
CII hires firm to tighten GDPR compliance
The Chartered Insurance Institute has hired a third party data protection officer services in order to help it become compliant for the incoming General Data Protection Regulation.
Analysis: Economy 4.0 - Learning to share
The on-demand, sharing and digital sectors - often called Economy 4.0 - bring new risks and challenges for the insurance industry.
Digital Fineprint CEO hails 'insane' year after £2m investment
Insurtech start-up Digital Fineprint has closed a second ‘venture’ investment round by raising $2.7m (£2m) lead by a firm that includes Nutmeg and Fan Duel among its portfolio.
Post Power List 2018: Elizabeth Denham
Information commissioner, Information Commissioner’s Office
Post Power List 2018: Jack Dorsey
CEO, Twitter
Sure Thing to launch MGA in 2018
Sure Thing is preparing for future expansion and the launch of a managing general agent in 2018.
Spotlight on professional indemnity: Media and technology sectors
Taking risks is in the DNA of many media and technology firms and insurance should be the enabler that allows them to do this effectively.
Brokers informed: The weakest link
Whether through human error or ignorance, companies are exposed to cyber risk through employees and must consider their defences
Brokers informed: Let's talk about cyber
Ransomware attacks and data breaches have brought cyber insurance to the headlines but is this raising awareness of the product and do customers and brokers now understand its value?
Cytora secures £4.4m for expansion plans
London-headquartered artificial intelligence start-up Cytora has secured £4.4m from investors to help expand its service internationally.
Roundtable: Advanced underwriting in the digital age
Getting the most out of unstructured data can be complex. A recent roundtable discussed the resources available for underwriters to approach and tackle the problem
Innovation in Insurance 2017: Tech investment 'only set to grow'
Insurers are putting increasing capital into technology as a means of getting around the lack of agility in existing business models, a conference heard.
Rising Star: Richard Hartley, Cytora
Richard Hartley is CEO and co-founder at technology start-up Cytora
Minster's Shirley Woolham on why robots won't replace lawyers
Artificial intelligence is taking over mundane legal functions but is not killing off lawyers, says Shirley Woolham, chief operating officer at Minster Law.
Blog: Choosing the right IT system
Grzegorz Podlesny, partner at Sollers Consulting, explains how insurers can choose the right IT system for their activities.
Allianz takes aim at underinsured SMEs
Allianz is launching a data initiative designed to reduce the number of SMEs that are underinsured.
Blog: Are suppliers ready for the GDPR challenges?
The thought of the incoming General Data Protection Regulation may send some into panic but Steve Cook, managing director of Covent Bridge, says suppliers have been ahead of the game for some time through self-imposed compliance.
Digital and Insurtech Awards 2017: Winners
The industry’s tech gurus gathered this afternoon for Post’s annual Digital Insurance Awards. The winners are listed below:
Ageas' Bart De Smet on selling the insurance story
Insurance suffers from a bad image whereas it offers a wide range of opportunities, writes Ageas CEO Bart De Smet, urging the industry to tell its story and conquer hearts.
Hiscox's James Pilgrim-Morris on plugging the leaky bucket
James Pilgrim-Morris, head of claims at Hiscox UK & Ireland, says it's time to get all hands on deck to tackle escape of water.
Blog: Digitise your underwriting, not just your quotes
Insurers have been digitising their application process but not so much their underwriting operations, writes Selim Cavanagh, insurance vice-president at Lexis Nexis Risk Solutions, warning they might be missing on some efficiency gains.