Product
Insurance Covid-Cast - episode three: Is motor insurance at a tipping point in light of the coronavirus lockdown?
In the third of a new series of video casts brought to you by Insurance Post and Insurance Age while our journalists are in isolation lockdown we discuss whether UK motor insurers are being unfair in not rebating premium or offering more flexible options…
Blog: Temporary vehicle insurance - what are the benefits to UK motorists?
The financial impact of Covid-19 is being felt by UK motorists. Alan Inskip, Tempcover CEO, explains many are facing immense financial uncertainty at a time when their annual insurance policy is due for renewal, but their vehicle usage is severely…
Insurtech Honcho targets van and learner driver markets after further £1.2m fund raise
Insurtech start-up Honcho has raised another £1.2m with participation from over 6000 crowd investors on Crowdcube, Insurtech Gateway and existing investors Finance Durham.
Roundtable: The rush to technology
The seemingly headlong rush by insurers to connect everything, pulling together fragmented legacy systems and IT architecture has left many of them struggling to find the right solutions. Post gathered a group of experts together to see how firms are…
PRA warns insurers on shareholder payouts and remuneration
The Prudential Regulation Authority has warned insurers to “pay close attention” to protecting policyholders and supporting the economy when considering how profits are dished out.
Q&A: Julian Enoizi, Pool Re
Julian Enoizi, CEO of Pool Re, discusses coronavirus, the reclassification of Pool Re, tapping the ILS market again and moving to a treaty basis to help increase SME take-up of terrorism cover. He also responds to press speculation about ‘Pandemic Re’…
ABI promises ‘best endeavours’ on data for Treasury Committee’s Covid-19 questions
Huw Evans, director general of the Association of British Insurers, has flagged that the trade body does not collect most of the data requested in a series of questions by Treasury Committee chair Mel Stride on the industry’s response to the coronavirus…
Ageas cuts repair times by a week as its unveils Tractable-powered policyholder app
Exclusive: Insurtech Tractable claims it has significantly reduced the key-to-key time for vehicle repairs for client Ageas by at least a week using the latest iteration of its AI technology.
Analysis: What are insurtechs doing in the face of the coronavirus pandemic – Part Three: International start-ups?
In light of the coronavirus pandemic, Post content director Jonathan Swift caught up with a number of insurtechs to find out what they are doing to reduce staff and client’s exposure to Covid-19, while keeping operations as business-as-usual as possible…
Experts line up insurance options for government e-scooter consultation
The Association of British Insurers has called for an appropriate regulatory framework to be introduced to keep all road users safe if the government allows micromobility vehicles to be used on the streets.
Blog: Is a legacy technology estate a convenient truth?
Companies from various industries started the year by exhibiting their latest products at CES, which is the global stage for innovation. Looking at the products on show Stephen Whitfield senior consultant at Altus says it prompts the question of how does…
Comment: Is 2020 the year of Parametric Insurance?
Post content director Jonathan Swift ponders whether Parametric insurance will live up to the hype of being The Next Big Thing, in the way that Blockchain has perhaps failed to.
Blog: Claims - the final frontier for insurtechs
What is the insurtech difference when it comes to claims? Jonathan Swift mulls on how the Next Generation is starting to figure this out
Insurtech Digital Risks outlines global SME ambition after BHL investment
Digital Risks has hailed new lead investor BHL Holdings as a potential game changer in terms of the SME specialist insurtech realising its global ambitions.
Roundtable: Getting the board to ‘byte’
Interest and enthusiasm at board level for technology data-driven innovation has never been higher. At a Post interactive roundtable in association with Crowe, participants analysed how to generate tangible business benefits from a technical and…
Kennedys spins out inhouse innovation team as stand-alone business
Law firm Kennedys has spun out part of its innovation function as a separate wholly-owned limited company in order to speed up product development and attract staff more suited to its technology/software focus.
Deliveroo investors back £3.3m raise for ex-Aviva innovation head's gig economy insurtech
Insurtech start-up Collective Benefits has closed a £3.3m seed funding round involving Stride VC alongside existing investors Delin Ventures and Insurtech Gateway.
Blog: Meatballs, Billy Book cases and Hemsaker: Can Ikea make flat pack household insurance a success?
As Ikea teams up with Swiss Re to enter the household insurance market, content director Jonathan Swift reflects on how the Swedish furniture giant could disrupt the sector with its own brand of flat pack cover.
Post Office switches from BGL panel to Ageas home insurance partnership
Post Office Insurance has teamed up with Ageas on an exclusive five-year deal for home insurance.
Interview: Scott Walchek, Trov
One of the original insurtech poster children, Trov recently pulled its personal lines offering in the UK and quickly followed this up by partnering with Lloyds and Halifax on renters’ insurance. Trov CEO and co-founder Scott Walchek sat down with Jen…
Don't underwrite electric vehicle risks in isolation of claims: Allianz GCS practice group leader Schultz
In order for insurers to better adapt to the wider adoption of electric vehicles they need to make sure that they not managing these risks in silos, a global player has warned.
Six insurtech start-ups to watch in 2020
It is now five years since I did my first ever 'Insurtechs to Watch Blog', when in 2016 I included Brolly, Digital Risks, Trov and Wrisk.
A matter of when, not if, for personal lines parametric insurance: Scor's Jonathan Clark
Parametric insurance is unlikely to replace conventional indemnity products, but there is a strong likelihood that it will become more widely used, even in personal lines, in the future, a conference heard.
Saga sees boost in three-year policy sales
Saga faced up to claims inflation and a £4m Thomas Cook hit, according to a trading update ahead of its annual results, as it forecast a 3% yearly fall in branded home and motor policies.