Insurtech
Insurers trapped with ill-designed systems, claims Peppercorn CEO
Nigel Lombard, Peppercorn founder and chief executive, believes insurers are trapped with processes that were designed very much on the provider’s agenda, rather than on the customer’s.
AI integrated underwriting and claims solutions
Gradient AI and Duck Creek offer integrated underwriting and claims management solutions that combine Gradient AI’s state-of-the art AI solutions with Duck Creek’s industry leading policy and claims products in the cloud.
The bottom line on prescriptive analytics
Insurers will need to leverage data-driven insights to augment human intelligence to deliver superior business outcomes across various functions including pricing, claims and underwriting.
Supercharging P&C insurance sales with the digital customer experience
Insurers are now expected to provide information that helps customers learn about policies, compare options and even complete an application from virtually any connected device, 24/7.
European Insurance Technology Awards 2022: Winner's Q&A with Phinsys
Insurance Post recently hosted the European Insurance Technology Awards, recognising leading technologies and third-party vendors operating within the insurance industry across Europe. In this Q&A, Izabela Chmielewska speaks with Stuart Conibear, Phinsys…
Eight insurtech start-ups to watch in 2023
For the eighth year in a row Insurance Post content director Jonathan Swift casts an eye over the insurtech start-up space, and lists a number of firms worth watching over the next 12 months and beyond.
Eight ways to improve claims processes and handling
Even the smallest of inefficiencies within an insurance company’s claims process can jeopardise the customer relationship, which is why it’s imperative that insurers dedicate themselves to improving the claims process and handling.
Data insights into rising climate risk and climate scenarios
Evidence is mounting that the insurance industry will soon need to reshape its business models in response to climate change, but only a few stakeholders have taken meaningful action.
Seven insurance technology trends that will transform the P&C industry in 2023
The development and implementation of new insurance solutions in the P&C insurance industry are already well underway in 2023.
Insurance challenges creating the frictionless customer experience in the real world
The difference between insurance and assurance provides a useful illustration about insurance and peace of mind in today’s digital world.
Shift technology insurance perspectives - Underwriting risk detection
Underwriting professionals are under incredible pressure to meet customer expectations for quick application approvals while at the same time keeping their portfolio as clean and profitable as possible.
Embedded insurance podcast
Embedded insurance is projected to account for over $700B in GWP by 2030.
Future of insurance claims is a 'data first' approach
There is little doubt the insurance industry will need to adopt a ‘data first’ approach to provide effective claims management processes in the future.
How does artificial intelligence make subrogation viable and valuable?
Subrogation offers insurers the important chance to reduce claim costs by assigning full or partial responsibility to another party.
Staying agile and evergreen: The advantages of a SaaS core system for general insurance providers
To win in today’s increasingly competitive insurance industry, insurers need modern core systems and solutions that support their business strategies and empower them with the ability to pursue innovation.
Aviva reshuffles claims legal panel; Minster Law partners with AA; Flood Re adds a NED
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Superscript says there is still appetite to fund insurtechs
UK-based insurtech Superscript has insisted its recent £45m fundraising shows there is still appetite to fund tech-led disruptors with "good business models".
Five key KPIs in insurance fraud detection and why you should be tracking them
Preventing, detecting and recovering payments on fraudulent claims are key objectives for SIU teams.
Tech trends #16: How technology is transforming P&C insurance
In this short video, Laura Drabik, chief evangelist at Guidewire outlines how new technologies enable insurers to make a profound difference in people's lives.
Lloyd’s Lab graduate Armd targets £6.5bn trades market
Armd, one of Insurance Post’s insurtech start-ups to watch in 2022, has recently graduated from the Lloyd’s Lab and used the experience to build a product designed to support the trades industry.
Breaking the barriers to insurance innovation
Insurance continues to push for modernisation and innovation but meeting the customer’s continually rising expectations for a seamless digital experience is no easy task.
Embedded insurance: Are insurers ready for a new business model?
Embedded insurance offers the potential of a rich seam of new business and lower-cost distribution. But, as a recent roundtable revealed, insurers are still figuring out how to get comfortable with their new partners.
Embedded insurance and cyber security
Embedded insurance is a hot topic in many insurer boardrooms across EMEA for all the right reasons. However, it is remiss to consider exploring embedded insurance innovations without considering security risks.
Evolving from systems of record to systems of insight and action
According to a recent study by McKinsey, “insurance market shapers,” those who boldly innovate, create significantly more economic value than their peers.