Start-ups
Startupbootcamp and Eos sign £1m investment deal
Startupbootcamp has signed an agreement with Eos Venture Partners that will see up to £1m of funding put into its cohort 2017 start-ups.
Digital Insurance World 2016: Connected home offers insurers huge opportunity to tap
There is a huge opportunity for connected home insurance with three-quarters of consumers being interested in monitoring their home via a mobile app, according to a survey by Consumer Intelligence.
Insurtech start-ups: Funding the future
Insurtech start-ups have a range of options to fund their business: from private equity to crowdfunding, from partners to business angels, from incubators to accelerators. Innovators are using old and new ways to raise money - and each of them has its…
Where are all the full-stack insurance start-ups?
Capital requirements and regulations have been blamed for putting off new full-stack insurers from establishing in the UK but Brexit won't necessarily help start-ups.
Startup Bootcamp partners with Talanx
Startup bootcamp Insurtech has brokered a partnership with German insurer Talanx.
Insurtech start-up Wrisk gets BMW innovation lab backing
Insurtech provider Wrisk has been selected as one of five finalists to join the BMW Innovation Lab, the first-ever fintech business incubator in the automotive sector.
Could other start-ups follow the Beyonce name-checking Lemonade in seeking musical inspiration
This week saw the launch of the much trumpeted and anticipated peer-to-peer insurer Lemonade.
Insurtech booms as investment triples in the UK
Investment in insurtech so far this year is already triple that of the whole of last year, making it one of the UK's fastest growing sectors.
Less than a third of millennials deem insurance necessary, research finds
Less than a third of millennials deem insurance as 'necessary', with 34% saying that it is 'overpriced' and just 12% believing insurance is 'good value'.
Colmore Insurance Brokers expand presence with acquisition of Webb Holton
Independent broker Colmore Insurance Brokers has increased its presence with the acquisition of Webb Holton Insurance Brokers.
Inspool, Insure Street, Teambrella and Tego Cover among eight UK insurtech start-ups to watch
KPMG published last week its latest Pulse of Fintech report, including the investment figures for the year-to-date in the insurtech space.
Bermudian insurance giant behind largest UK insurtech start-up investment
Insurtech start-up Buzzmove has closed a £6m super-seed round led by Bermuda-based White Mountains Insurance Group.
Insurtech start-up launches with new telematics offering
An insurtech start-up has launched a mobile phone-based telematics app that will be sold to insurers as a licensed product.
So Sure to launch 'revolutionary' social peer-to-peer mobile insurance app
Managing general agent So Sure, which specialises in insuring mobile phones, is about to launch a new model of “social insurance” via an app-based peer-to-peer product.
Ageas launches app-based millennial insurer Back Me Up with monthly fee
A new app-based insurance start-up aimed at millennials has launched this week targeting the millions of 18 to 34-year-olds who do not currently buy contents, travel or device cover.
Innovation lessons insurers can take from lawyers
Insurers and lawyers don’t have a reputation of tech-savvy trailblazers. Yet some of them have adopted new technologies, including artificial intelligence. So, what works and what doesn’t?
Blog: Blockchain, from industry loss warranties to original insureds
Blockchain could revolutionise the insurance and reinsurance industry.
BIA 2016: The future – digital insurance innovation, technology, start-up
Digital Insurance Innovation of the Year; Technology Award; Start-up Award
Broker Halo seeks new private equity backing as it enters GAP market with Mapfre
Halo is planning to seek new investment, six years after the car hire excess insurance specialist launched with Bridges Ventures, a social impact fund started by Sir Ronald Cohen.
Blog: Five steps to accelerate insurance product innovation
Insurers should look at introducing innovative products through digital channels. But much of this opportunity for added value and competitive advantage remains unexploited.
Pay-as-you-go broker Belong Safe shuts down after three months
Just three months after its launch, Belong Safe has shut down completely due to financial and branding troubles.
Blog: Disruption has only just begun
The Next Generation Insurance Network has been providing young professionals with educational and social events in London for the past five years. The network has more than 1500 members from brokers to underwriters, lawyers to consultants.
Insurtech firm Trov raises £17.5m as it gears up to launch in the UK and Australia
Technology giant Guidewire and Australian insurer Suncorp are among the parties involved in the latest fund-raising from US insurance disruptor Trov, as it gears up to launch its on-demand cover for single items in the UK with Axa.
Commercial vehicle MGA launches with £30m capacity
A £30m-capacity managing general agency targeting van and commercial vehicle business will be launched in the UK market by the founder of a claims management company.