Insurtech
Q&A: Daniel Grimwood-Bird, McKenzie Intelligence Services
Daniel Grimwood-Bird, head of sales and marketing at McKenzie Intelligence Services, shares how the provider of geospatial data and analytics plans to insurance industry plans to make it big in the UK and US.
Power List: Ones to watch in insurance in 2024
Here are the ones to watch who narrowly missed out on a place in this year’s Insurance Post Power List, but based on their role, career to date and growing influence look set to feature in future rankings.
Louise O’Shea, CFC
Louise O’Shea was appointed group CEO at CFC in January 2024 having served as an independent non-executive director since 2021.
Insurance influencer argues AI scares the ‘antiquated’ industry
The insurance industry is terrified of AI, which could delay its adoption in the insurance industry, according to Instagram insurance influencer TheHardMarket.
Insurtechs outpacing large insurers in using cloud cyber risk data
Big insurers in the cyber insurance space need to emulate insurtechs in adopting technology that can integrate cybersecurity-enhancing data from cloud providers, according to Monica Shokrai, Google Cloud’s head of business risk and insurance.
Q&A: Matt Hicks, Recorder
Matt Hicks, chief commercial officer and co-founder of Recorder, a new London-based insurtech from the creators of Codat, explains how he has built a platform and artificial intelligence co-pilot for brokers.
Cytora to streamline ‘time-consuming’ data gathering within large fleets
Cytora has partnered with risk management platform SambaSafety in a bid to streamline workflows and improve risk selection of motor insurance for large fleets.
Flock teases more deals as it expands into taxi fleets
Commercial fleet insurtech Flock has entered a capacity partnership with The Acorn Group, targeting black taxi as well as Uber fleets.
Blog: How can insurers make like-for-like EV replacement vehicles a reality?
The variety and cost of vehicles makes credit hire replacement more challenging than ever.
The rise and risks of AI contract drafting and analysis
There has recently been an increase in the number of startups bringing artificial intelligence (AI) contract drafting and analysis tools to market.
Insurance and artificial intelligence: Four emerging trends for 2024
If 2023 was the year AI captured headlines and demonstrated potential, what can we expect in the next year? What will be the impact of this exciting new technology?
Urban Jungle to use latest funding to expand product range
Home insurance startup Urban Jungle has raised £11.2M in its latest funding round led by existing investors, including Sony.
Hughub enters into administration
Insurance software provider Hughub has been placed into administration due to a lack of funding.
Wakam looking to exploit ‘unlimited UK potential’ following regulator approval
French B2B2C insurer Wakam has received approval by the Financial Conduct Authority and Prudential Regulation Authority to launch a UK subsidiary.
Big Interview: Ola Jacob, Descartes Underwriting and Biba
Six months into his tenure at Descartes Underwriting, and not long after being announced as the new chair for Biba’s South East and London committee, Ola Jacob sits down with Scott McGee to talk about the potential of parametric insurance, and what his…
Peppercorn accelerates B2B deal after funding round
Peppercorn AI raised £1.25m more than anticipated in its latest funding round, allowing the firm to bring plans for its first B2B deal six to nine months forward.
Hughub CEO and former SSP director Jonathan Davey retires
CEO of Hughub and former SSP director Jonathan Davey has retired after a 36-year career.
Pen’s Zurich deal; CFC’s M&A team; AIG’s leadership change
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
BPM insurance strategies: Four steps to better processes
Faced with a myriad of challenges, how can insurers find ways to improve efficiencies in their core processes?
Q&A: Nick Pester, Beyond Legal
Nick Pester, founder at Beyond Legal and former general counsel at Zego, spoke to Insurance Post about the changing legal landscape, the pivoting mindsets of insurtech founders, and what he hopes to offer clients with his new legal practice.
Getting started with insurance modernisation
As the industry continues to increase its reliance on digital technology, insurers who haven’t identified a clear path to harnessing the benefits of modernisation will fall behind.
Invoice insurtech Nimbla enters voluntary liquidation
Invoice insurtech startup Nimbla has appointed two voluntary liquidators from Leonard Curtis.
Q&A: Cameron Shearer, Superscript
Frances Stebbing speaks to Cameron Shearer, CEO of Superscript, about what new entrants in the insurtech space need to do to stay ahead, and how the company’s technology has contributed to driving profitable growth for the year ahead.
Hyperautomation for insurance: Your roadmap to modernisation
What is hyperautomation for insurance and how does it differ from automation? This blog peels back the layers to see how hyperautomation works and sheds light on four technologies insurers might incorporate in their hyperautomation process.