Inflexion Private Equity has bought out telematics specialist My Policy and brought in Mark Wood, who previously held a CEO position at Axa, as chairman.
Watchstone is expected to make a loss of £14.9m in its full year results.
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Having grown up in the internet age, Millennials have very different expectations to previous generations. Young people are getting into the driver’s seat and motor insurers need to understand how to build a relationship with them
Wasn't expecting that... The lyrics from the Jamie Lawson song could apply to insurers, following the latest hike in insurance premium tax.
The final Claims Club meeting of 2016 considered the virtual and surreal worlds facing the motorist today and the opportunities, risks and risk management issues of maturing telematics technology.
Data can bring benefits and early adopters of digital technologies are already seeing a return on investment. What will the full impact of digital and data enrichment be on the motor sector?
Van insurance is often purchased by sole traders in the same way as household insurance but data in this sector lags behind the rest of the personal lines sector. What can the sector do to catch up?
Drivers will be able to use their telematics score to get quotes from other insurers at the end of their policy.
The young motor specialist broker Only Young Drivers has entered into a partnership with Trak Global.
Beyond futuristic gadgets, connected cars feature technology that can help avoid collisions and detect other hazards.
The proposed reforms to salary sacrifice schemes could lead to more employees using their own cars for business - and an insurance headache.
The Financial Conduct Authority has found no pressing issue with the way insurers use Big Data but is still keeping an eye on it.
It's a sad fact that road casualty rates increase around this time of year as we endure darker evenings and deteriorating weather conditions.
The growth of telematics car insurance policies is likely to be slow in Germany because of limited interest from both insurers and customers, in contrast to the UK’s growing market.
Telematics providers were forced to accommodate the change to daylight saving time on Sunday morning with a patched update to hundreds of thousands of motorists.
The technology in your car is accelerating at an incredible pace. Can insurers stay in the fast lane and get the most out of the changes?
Insurance revenues are being driven down by advances in technology that will disrupt the industry and change the ways in which customers choose their premiums.
Tesla will fit the hardware needed for full self-driving capability into all new vehicles it produces, including the Tesla Model 3.
Insure The Box has used telematics data to disprove a fraudulent claim and saved £50,000 in costs.
When you think of digital transformation, it's tempting to only rework your customer-facing systems. But if you don't upgrade your back-end systems as well, your approach will fall short
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…
Six months into the job, Aviva UK’s newly appointed GI CEO talks to Martin Croucher about the challenges of succeeding Maurice Tulloch and further investment into digital
Allianz Ventures has decided to take a shareholding in robo-advisory system MoneyFarm to help broaden its presence within Europe.