Insurers have been digitising their application process but not so much their underwriting operations, writes Selim Cavanagh, insurance vice-president at Lexis Nexis Risk Solutions, warning they might be missing on some efficiency gains.
There are remaining uncertainties surrounding Brexit contingency plans and how a divorce from the European Union will affect investment into insurtech.
Buzzmove has been awarded $500,000 (£379,506) in the annual Connecticut County Venture Clash competition.
Following its partnership with Ageas, Tractable has developed an artificial intelligence-driven damage repair estimation technology.
Homelyfe has completed a £2.4m seed round led by Talis Capital and Peterson Ventures.
Brokers share their views on their relationships with insurers, the impact of technology and their investment priorities, in this exclusive piece of research conducted by Post in association with WPA
Insurtech start-up Insurdata has raised over $1m (£0.76m) in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.
Microbreweries offer brokers and insurers a small but safe market. With rising demand, the sector tastes of opportunity
Adam Woodhouse, director of the CIO Advisory at KPMG, explains how the insurance industry can speed up its march towards digital labour.
Nigel Phillips, commercial director at CDL, lists the advantages of insurance customers going monthly.
Insurance start-up Homelyfe has launched home buyers insurance which will protect against gazumping.
Investment into insurtech has already reached $1.8bn (£1.37bn) this year, however customers have yet to see any benefits in terms of improved customer experience, research has found.
XL Catlin’s international innovation team, Accelerate has partnered with Cytora, an Artificial intelligence-driven insurtech based in the UK.
Insurtech start-up Cvrd has rebranded to Nimbla and plans to launch in October this year.
Exclusive: Ingenin has brought in 60 tech start-ups to its newly-launched Innovation Hub.
“You can watch Go Jetters if you let me tie your hair” is the type of deal you sometimes need to strike with your toddler if you want to get things done. Of course, you shouldn’t negotiate with mini-terrorists but there is nothing wrong with a win-win…
Vibe MGA Management, an independent MGA incubator backed by Syndicate Holding, launched in June. Post sat down to talk with CEO Danny Maleary about his vision for the new venture.
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.
Earlier today an email dropped into my inbox confirming what many had suspected for a while, the insurtech start-up Guevara was no more.
Insurtech peer to peer start-up, Guevara, has closed its business after four year due to failing to establish a capitalised underwriting vehicle.
Instead of just driving efficiencies, some start-ups now have the ambition to become full-stack insurers, warns Paul Cuatrecasas, CEO of investment bank Aquaa Partners, urging incumbents to buy out these potential competitors.
Half of UK fintech firms are expecting revenue growth to more than double in the next year, with some expecting their next fund raising round to exceed £2.5bn.
Weeks away from launch, Wrisk co-founder Nigel Barton talks to Jonathan Swift about how his business hopes to change the insurance ‘dialogue’, the need for start-ups to forge partnerships with well-known brands, and why it is necessary for the UK to keep…