Insurtech
Blog: How to get rid of legacy systems
Insurers are aware of the hurdles associated with replacing legacy systems. But there are ways to make it a smooth and beneficial transition, as listed by Grzegorz Podlesny, senior manager at Sollers Consulting.
Lemonade expands to fourth state since launching
Lemonade has launched its Artificial Intelligence-driven insurance product in New Jersey, making the state the fourth that it has expanded into.
Content director's comment: Does Elton John signal the end of the insurtech buzz?
As a younger music fan, nothing gave me a greater kick than finding a band on the bottom of a bill in a grimy venue that blew me away.
Go Compare to invest in new businesses following strong results
Go Compare is looking to invest in tech businesses after revealing strong H1 results.
Rising Star: Louise Williams, Smartdriverclub
Having worked for an aggregator, Williams is now a product manager at the broking start-up
Roundtable: Industrialising insurance innovation: Breaking down silos
The scalability of digital innovation is a problem for the insurance industry. What can be done to prepare insurers to create initiatives with the ability to ‘build fast and fail fast’?
This Week in Post: Vnuk is a four letter word
When my toddler says ‘fox’, it sounds very rude. I mainly laugh at it but I’m also a bit scared that the next time she spots a fox in our local park, she will point at it, proudly shouting ‘F***! F****!’
Brolly closes £1m seed round with Valar Ventures
Insurtech start-up Brolly has closed a £1m seed round led by Valar Ventures, Pi Labs and Entrepreneur First.
Kennedys launches incubator platform to modernise legal services
Global law firm Kennedys has launched an incubator platform to build technological innovation within the legal sphere.
Biba launches claims app for brokers
The British Insurance Brokers’ Association has launched a claims smartphone app facility for brokers with Insure Apps.
Blog: Digitisation and the battle for relevance
Digital technologies offer insurers the opportunity to reconnect with their clients and earn back their trust, writes Robin Wolstenholme, senior marketing specialist at Liferay.
Aviva names five start-ups for fintech incubation programme
Aviva and Founders Factory have revealed the first five start-ups selected for its fintech programme.
This week: Planning, predictions and packing
I am most definitely a planner. Being organised usually tops my list of attributes in appraisals and most of my life as a busy working mum is run by lists. In fact the holiday I'm just about to fly off to has been two years in the planning.
Insurtech funding hits $985m, up 248% in Q2
Funding for Insurtech start-ups saw a 248% increase to $985m during the second quarter of 2017, said Willis Re.
Interview: Jeremy Hyams, Claims Consortium Group
Jeremy Hyams started his business with a £500 start-up bank loan 20 years ago. Now, CEO of Claims Consortium Group, he was recently the recipient of the Queen’s Award for Innovation.
On-demand insurance provider receives £1.2m in funding
Pay-as-you-go insurance provider, Zego has raised £1.2 million in a seed funding round following the launch of its first product led by Aviva.
Firms that have made Brexit contingency plans may face difficulties, FCA says
The Financial Conduct Authority said Brexit contingency plans of some companies could cause them "difficulties" in future.
Blog: Retaining and empowering staff with technology
Where news is dominated by the concept of data enrichment and there is talk of a ‘technical revolution’ we find ourselves in the middle of a steadfast digital age.
Co-op Insurance weighing up FCA sandbox application to boost digital presence
Co-op insurance is considering submitting an application to the FCA’s Sandbox and is aiming to make the business even more digital.
Willis Towers Watson's Liz Lister on the benefits of specialist knowledge
The only absolute certainty in today’s modern world is change. Change creates new risks for all businesses, whether they are based in the north or south of the country, have international reach or are mid-market organisations.
Usage-based motor start-up By Miles gains FCA authorisation
Usage-based motor start-up By Miles has received Financial Conduct Authority authorisation.
Elton John and Axa invest in AI platform
Sir Elton John has invested in a cultural Artificial Intelligence platform alongside Axa Strategic Ventures, in a $6.5m (£5.05m) closing round.
Ageas's Bart De Smet on why insurers don't need start-ups to innovate
The hype around insurtech start-ups should not overshadow the in-house innovations coming from incumbent insurance companies, writes Ageas’s CEO Bart De Smet, defending the ‘internal incubator’ model.
L&G to offer leak detector to home clients
Legal & General has partnered with Home Serve to offer Leak Bot to its home insurance customers.