Insurtech
This week in Post: GDP what?
My colleagues have come up with a creative idea to celebrate the General Data Protection Regulation. First you create a GDPR cocktail with gin, Drambuie, prosecco and rum. Then you take a sip every time you receive an email asking you to update your…
Insurtech funding reaches record high
The volume of insurtech deals reached $724m in the first quarter of 2018, its highest ever level and 155% greater than the same period last year.
Interview: John Ludlow, Airmic
With business models facing increasing threats from more directions than ever before, John Ludlow, CEO of the Association of Insurance and Risk Managers, spoke to Post weeks before its members gather in Liverpool and he warned risk managers need to be at…
Amazon put on 'beauty parade' to pitch as motor MGA
Exclusive: Amazon put on a ‘beauty parade’ to insurers last December with the intention of pitching itself as a motor managing general agent.
Lemonade to ditch traditional insurance policies
Lemonade has created an ‘open source’ insurance policy and will eventually stop offering traditional insurance policies to its customers.
Analysis: How Lloyd's is faring in the Middle East
As economies in the Middle East diversify, new opportunities for insurers and reinsurers are beginning to show themselves. Is the London Market taking full advantage?
Q&A: Alistair Hardie, Cega
Almost two years since it was acquired by Charles Taylor, Jonathan Swift spoke to Cega's CEO Alistair Hardie about what the deal has meant for the global assistance, travel risk and claims management services provider.
Analysis: Turning incumbents into insurtechs
Innovation labs, investment vehicles and strategic partnerships; Edward Murray looks at the ways in which insurers are facing up to the challenges of a digital future
Blog: Should travel insurers take 'permanxiety' seriously?
Insurers should harness technology to enable clients to anticipate employees’ medical and security threats abroad. And as a result help reduce the risk of permanxiety, claims Chris Knight, head of corporate assistance services at Cega
Analysis: Travel insurance in a digital world
For so long seen a laggard in terms of embracing the potential of digital, travel insurance is changing. Rachel Gordon reflects on some of the latest developments that might halt to the downward trajectory in premiums that has been a reality since 2014.
Charles Taylor Insuretech to lead Lloyd's delegated authority solution
Charles Taylor Insuretech has been chosen to deliver a delegated authority solution to the Lloyd’s and London market.
$1.7bn fintech bank Revolut to launch new insurance products after closing Series C funding
Fintech banking start-up Revolut has outlined plans to launch further insurance products after closing its latest funding round, raising $250m (£181.6m) to become Europe's latest tech unicorn.
Risk sharing start-up extends partnership with Zurich
Insurtech start-up Laka has graduated from the Financial Conduct Authority sandbox and will extend its partnership with Zurich.
Honcho granted FCA approval as it expands into motor market
Price comparison website disruptor, Honcho has been granted authorisation from the Financial Conduct Authority as it expands into the motor insurance market.
Covea's Simon Cooter on investing in tech for customers, not for profit
Innovation needs to focus on enhancing customer experience, explains Simon Cooter, commercial lines & HNW director at Covéa Insurance.
Blog: Want to prove your insurtech credentials? Recruit a Googler or Amazonian
As Igo4 appoints a Google exec to its board, Jonathan Swift looks at whether the recruitment of Mark Bennett marks a "trend" in terms of insurance turning to digital to fill their top tables.
Neos eyes up connected home security service following partnership with Homeserve
Smart insurance provider Neos has partnered with Homeserve Labs and will begin to offer Leak Bot devices to its home insurance policy holders from June 2018.
State of the Broker Nation 2018: Probing broking
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Interview: Edmund Dilger, Policy Castle
Digital household insurance broker Policy Castle is on the hunt for funding as it looks towards partnering with high street brokers and large insurers.
Lloyd's appoints partners on insurtech lab
Lloyd’s has appointed insurtech specialist L Marks and The Boston Consulting Group to support the set up and operation of its Innovation Lab.
Konsileo to offer 'bespoke' customer data for underwriting
Konsileo said its service will improve the claims process for insurers by providing underwriters more insight into risks.
Interview: Varun Dua, Acko
When Post published its top 100 Insurtech firms at the start of the month, eyebrows were raised by the inclusion of Indian digital insurer Acko at number two. To find out more about this start-up Jonathan Swift spoke to its CEO and founder Varun Dua.
Konsileo raises £2.7m in series A funding round
Insurtech broker Konsileo has raised £2.7m from a series A funding round and will use the capital raised to bolster its recruitment process.
This week in Post: BIA shortlist and other insurance news
This week we unveiled the long-awaited shortlist for the British Insurance Awards.