The cyber insurance market is evolving into a more digitally enabled one, which might help it open up to smaller customers where penetration is typically lower.
Exclusive: Private equity providers need to have realistic expectations when investing in insurtech start-ups, because they are unlikely to find the next “flying Uber car”.
Cloud-based insurtech platform Insly has raised €2.2m led by venture capital firms Concentric and Black Pearls.
Hiscox CEO Bronek Masojada has been named chair of the London market’s electronic placing platform, Placing Platform Limited.
City Minister John Glen is confident the new UK framework for insurance linked securities will help the market grow.
Starting in the industry as a business consultant at Cognizant Technology Solutions, Matthew Vamplew has quickly worked his way to innovation manager at DAS UK Group.
Mark Collins is to replace Robin Challand as chief information officer at Ageas following Challand’s appointment as claims director at the company in January of this year.
Well-publicised gains in Charles Taylor’s loss adjusting and insurtech arms saw revenues jump 25% in 2017 but failed to push the insurance services provider to profit.
The technology that can radically change household insurance has nothing to do with smart home devices, argues Charlotte Halkett, managing director of insurance product at Buzzvault, who bets on video surveys.
Exclusive: Politicians need to look at the Enterprise Investment Scheme to make it easier for insurtech start-ups to access it.
Industry veteran Andy Homer talks to Ryan Hewlett about life after Towergate, the insurtech world and why Brexit represents an open door for the canny Angel investor.
Insurtech start-up Urban Jungle has launched tenants' liability insurance for renters and is planning to release a number of other products in the coming months.
The news that Axa is to spend $15.3bn (£11.1bn) to acquire XL Group will certainly get the insurance boards around the world chattering.
At the ABI annual dinner on Monday, as guests at my table predicted future insurance trends, I was struck by a suggestion. People will want to protect their most precious belongings and, in 10 years’ time, that will be their personal data, a KPMG partner…
Exclusive: Axa is planning to provide multiple lines through Brolly following a tie-up with the insurtech.
Why is private equity the primary investor in insurtech?
Lloyd’s must continue its focus on modernisation or remain under threat from other jurisdictions, a conference heard.
I have never bought insurance from a high-street broker. In fact, I know very few people my age who have.
“We have no doubt that we have missed some Fords and included some Tinchers. But who ends up a Ford and who ends up a Tincher is not pre-determined.”
Allianz Worldwide has partnered with digital payment platform Optal in a bid to pay claims easier to its supplier network.
Go Compare Group has named Silicon Valley tech executive Joe Hurd as an independent non-executive director with effect.
Homelyfe has launched it Partner Platform to enable third party firms to take advantage of its insurance product lines and provide home insurance cover in less than four minutes.
Zurich has launched a new initiative in order to enter partnership with innovative companies and embed technology into its business.
Exclusive: Buzzvault Insurance has entered a five year strategic partnership with Munich Re Digital Partners with plans of releasing products to market by Q3 2018.