Insurtech
Insurtech research 2018
From the app that arranges insurance for a day to the online service that pays claims in less than one minute, digital technology has transformed the face of the insurance sector. Post takes a closer look at the insurtech movement and its partnership…
B2B insurtech Hokodo raises €1.9m
Insurtech Hokodo has raised €1.9m (£1.7m) in a seed round led by fintech and insurtech venture capital investor Anthemis.
Travel insurance: Transforming and challenging through digital technology
The insurance market and the tourism industry have not always had reputations for embracing the latest technology. But things are changing and digital advances such as geo-location and data analytics will only help accelerate the pace of change
Analysis: Chatbots – Where is the love?
‘Chatbot’ has long-become an insurance industry buzzword, but penetration remains low and firms are still grappling with how to use early iterations of the technology. Elsewhere, some chatbot pilots have failed.
Rental market disruptor Canopy hits 10,000 users, poaches Chubb digital lead
Chubb’s former head of SME and digital, Ruth Polyblank has joined rental market disruptor Canopy, which now boasts over 10,000 users.
Allianz partners with ‘game changer’ car sharing marketplace Turo
Exclusive: Car sharing marketplace Turo has credited the unique insurance product for its successful UK launch last Tuesday.
This week in Post: Swipe right for Swinton
As Swinton meets its match in Ardonagh, the insurance courtship game has continued to hit headlines.
Slice bags $36.1m in series A funding round
US-based insurtech Slice has raised an additional $20m in its series A round.
Honcho delays launch until 2019
Honcho has become the first ‘reverse auction marketplace’ to gain Biba associate membership, but the firm alleges that software house delays have pushed its launch date back
Supply chain focus: How TPAs view the changing landscape
Supply chain procurement continues to evolve against a backdrop of consolidation among both insurers and third party administrators. Edward Murray looks at how tendering is changing from the demands on suppliers to the length of partnerships
Co-op hits out at software viability in IBM legal dispute
Exclusive: Co-op said there were "deficiencies" in Innovation Group’s software, in the latest installment in its case against IBM.
Analysis: Application interrogation
People who want to insure their home can’t always answer technical questions about their property. Insurers are calling on digital technologies to overhaul the whole application process
Over 20 start-ups pledge support for proposed insurtech trade body
Over twenty insurtech start-ups have today pledged their support for a new alliance which aims to ultimately evolve into a fully fledged specialist association.
Zego launches pay-as-you-go cover in Ireland
Gig economy pay-as-you-go broker Zego is launching in Ireland.
SME insurtech Hokodo partners with Scor on SME product
Start-up Hokodo will work with Scor Global’s Channel Syndicate on an SME invoice protection product.
Aviva Ventures leads $5.4m investment round in Shepper
On-demand inspections start-up Shepper has raised $5.4m (£4.1m) in a series A round led by Aviva Ventures and Norwegian Idekapital Fund 1.
Police called to Brolly offices after overnight break in
The offices of insurtech firm Brolly were broken into, and £15,000 of computers, tablets and phones were stolen.
This Week in Post: Surprises and savings
Getting a nasty surprise when the bill arrives is a feeling many of us have experienced. Some insured losses are no different.
LMA's Lee Elliston on taking action on delegated claims
The 300-year-old Lloyd's market is changing, says Lee Elliston, claims director, Lloyd's Market Association. The Target Operating Model has seen Lloyd's focus on boosting efficiency and bringing business benefits to market participants. Now the LMA is…
Guidewire swoops for Aon's global analytics CEO Mang to lead new unit
Former Aon global analytics CEO Paul Mang is joining software provider Guidewire to head up a new analytics unit.
Insurtech top 100: Quarter Three update
Following on from the publication of the top 100 insurtech firms in April, Matt Connolly, CEO of Tällt Ventures, gives an update on major developments for those ranked in quarter three
Blog: Technology - right or wrong for claims (or both)?
Insurers building the new claims portal must be careful not to force clients down a path they don’t wish to go argues Minster Law director of claims Marcus Taylor, who points to public concerns over technology as a major obstacle to overcome
Fadata replaces CEO in planned turnaround
Exclusive: Fadata has replaced its CEO amid a planned turnaround for the struggling policy administration firm.
Ice Insuretech sees ‘aggressive’ growth following its acquisition by Acturis
Exclusive: Having seen rapid growth, Acturis-owned insurance software provider Ice Insuretech expects to continue growing over the coming year.