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”.
A telematics solution that uses Amazon Alexa to warn drivers of dangerous driving behaviour will be launched in the second quarter of the year.
Japanese insurer Aioi Nissay Dowa Insurance Europe has completed the buy-out of Box Innovation Group, which includes the Insure The Box and Drive Like a Girl brand.
Insurers are investing in employee benefits as a way to recruit and retain staff - and they go beyond the core elements of pension, life and health cover to sometimes include quirky perks
Two year old Thailand digital broker Roojai had signed up over 15,500 vehicles by the end of 2017.
This week, as Theresa May reshuffled her cabinet, the insurance industry underwent its own shake-up.
Amazon is attempting to poach staff of insurance start-up Lemonade with "obscene" amounts of money, the CEO of Lemonade claims.
Swiss insurtech start-up Go Flink is to relaunch and release a range of new products to distribute worldwide.
On demand insurer Dinghy has secured a $1.2m round of funding led by Balderton Capital, which also backed pay-as-you-go insurer Zego.
Insurtech start-up Laka, previously Insure A Thing, has launched into the UK market with bicycle cover backed by Zurich.
The on-demand, sharing and digital sectors - often called Economy 4.0 - bring new risks and challenges for the insurance industry.
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.
Amazon is closing an investment in Indian insurtech start-up Acko, according to reports.
This month, Post casted a musing eye over the year ahead. With Brexit negotiations still waging, the new General Data Protection Regulation coming into effect and Ogden reforms still looming over the industry, 2018 is set to be a busy year.
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Wherever you turn, Amazon seems to be the talk of the town.
Insurtech start-up Urban Jungle has completed a £1m seed investment round.
Google, Apple, Facebook and Amazon
UK CEO, XL Catlin
Managing director, Munich Re UK
UK Group CEO, Axa
Nick Ashmore, head of marketing at Response Tap, reflects on what UK insurers can learn from US customer service.
Sure Thing is preparing for future expansion and the launch of a managing general agent in 2018.