Insurtech
Travelers buys Trov’s tech
Travelers has bought Trov’s technology assets, with most of the insurtech’s team joining the insurer.
Insurance M&A tops 418 deals in 2021; Beazley leads IVF solution after Gaia tie-up; Ageas joins telematics panel; and Tokio Marine HCC relocates branches
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Webinar: Transitioning to usage-based insurance - what are the benefits to being in the fast lane of UBI adoption?
Over the last two years insurance customers have had a chance to reflect on what they pay for their motor insurance; and whether they are getting fair value.
Travelers updates on coal stance; Hubb claims metaverse first; Thomas Cook signs insurance partnership; and Vitesse backed by HDI as it raises $26m
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Floodflash to establish US presence following $15m venture capital raise
Floodflash has raised $15m (£11.1m) in a Series A funding round, which it intends to use to fuel its international expansion.
By Miles unveils raft of senior appointments
Pay-per-mile car insurtech By Miles has unveiled a number of senior appointments as it looks to expand its product offering and accelerate growth in 2022.
Q&A: By Bits co-founder, Callum Rimmer
Insurance Post’s commercial editor, Izabela Chmielewska, speaks with By Bits co-founder, Callum Rimmer on the key drivers behind the current growth in momentum when it comes to usage-based insurance amongst policyholders.
Direct Line begins green parts trial; Revolut diversifies insurance offering; RSA to recruit more adjusters; and Sabre strikes solus MGA deal
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Zego adds Catherine Barton as chief insurance officer
Insurtech Zego has appointed ex-Bupa executive Catherine Barton as its first chief insurance officer.
Insurtech Stubben Edge raises £10m
Broker technology specialist Stubben Edge has secured a £10m investment in its latest funding round led by Dowgate Capital.
Webinar: Do believe the hype - how insurance hyperautomation will unleash your pricing, marketing and sales strategies
In recent years, traditional carriers have begun the transition from human-intensive tasks to a degree of automation using tools such as RPAs to reduce costs and increase the speed of delivery.
Martyn Holman joins Incited advisory board
Former Brightside and Markerstudy boss Martyn Holman has joined the advisory board of data science insurtech Incited.
Charles Taylor buys majority stake in insurtech Fraud Keeper
Charles Taylor has bought a majority stake of automation and artificial intelligence software as a service platform Fraud Keeper, Post can reveal.
Spotlight: Motor trends - the use of data in claims and underwriting
Post and Verisk undertook a survey of the motor market to understand how both underwriting and claims teams are evolving in their use of data and new technology. Padraig Floyd dissects the results and speaks to the market about the findings
Abacai’s Day Insure pursued for £500,000 plus by M&A advisory firm
Financial advisory firm Imas is seeking at least £500,000 from Day Insure in a suit that has revealed Aviva, PIB, Pikl, Sabre and Vantage were all in the frame to buy the broker.
Spotlight: Data transformation - What gets measured, gets improved when it comes to customer experience
Building better and more measurable data represents the surest foundation for innovation and improving the customer journey, according to Scott Field, head of international product at Duck Creek Technologies.
Spotlight: Data transformation – The fuel that drives digital transformation success
Data should not be seen as an afterthought when a business is undergoing digital transformation. Instead, as Eleanore Robinson finds out, it is very much the key to any project delivering true value to customers
EY: investor confidence in UK FS hits new high; James Hallam backs broker start-up; Lloyd's approves insurtech Syndicate and Pen inks £300m QBE deal
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Lloyd's to see Blueprint Two drive a 'fundamental difference' by 2024: Neal
Lloyd’s has set its sights on the second quarter of 2024 as the date at which the market will fully adopt a raft of digital solutions it is building to move away from paper-based trading and cut costs.
Homelyfe stops offering home insurance quotes
Freedom Services Group owned insurtech Homelyfe has ceased to offer home insurance quotes.
Laka CEO Taupitz wants insurtech to become 'global green mobility leader' after $12m Series A raise
Insurtech Laka has closed a Series A fund raise of $12m (£8.9m) led by US mobility investor Autotech Ventures as it seeks to become “the global green mobility leader” diversifying into areas such as e-bikes, e-cargo bikes and potentially electric cars.
Watch Ageas, By Miles, Zego and Zurich discuss the benefits of UBI in upcoming Insurance Post webinar
Insurance Post, in association with By Bits, is hosting a live, interactive webinar on the 9 February at 11:00am called: Transitioning to usage-based insurance - what are the benefits to being in the fast lane of UBI adoption?
Allianz: cyber usurps BI as biggest risk; Direct Commercial gets PE investment; Ford and ADT reveal JV Canopy; and Tractable launches AI Property
For the record: Post wraps up the major insurance deals, launches and investments of the week.
Briefing: 10 insurtech start-ups to watch in 2022
For a seventh year running, Post content director Jonathan Swift scans the insurtech space and identifies a host of up-and-coming businesses potentially worth watching over the next 12 months and beyond.