Technology
Legal Update: Robotic surgery - cutting through the insurance implications
With advances in robotics and artificial intelligence taking hold of the medical industry, do the benefits of robot-assisted surgery outweigh the risks - especially for insurers?
Aviva's Lindsey Rix on building trust and demystifying insurance
Let's be honest: insurance isn't the most exciting subject and it's often seen as a grudge purchase, something we have to have just in case the worst happens.
Compare the Market owner sees revenue up by 14%
The owner of Compare the Market has seen revenue grow by 14% in the first half of its financial year.
Phone app allows policyholders to log a cyber claim
A phone app that enables policyholders to easily claim for a cyber breach has been launched by CFC Underwriting.
LMG adds marine businesses to PPL platform
The London Market Group’s electronic PPL platform has introduced marine classes for trading.
Blog: Is your data breach response plan good enough?
Many savvy organisations are investing time and thought into data breach response plans.
Fosun helps The Floow raise £13m
UK telematics technology provider The Floow has raised £13m for equity investment from a variety of international funds.
Aviva partners with insurtech start-up Hibob
Aviva has signed a deal with insurtech start-up Hibob to better enable SME clients to set up workplace pension schemes.
SSP invests in ‘multimillion’ upgrade to troubled Pure platform
SSP will release a “multimillion” upgrade to its troubled Pure Broking platform this summer.
UK businesses to increase cyber security spend
Three out of five UK businesses will increase their cyber security budget in the next year, with more than 20% of those doubling their spending.
Blog: Stepping up the fight against fraud
Arguably, the insurance sector is behind many other verticals in transforming customer engagement and achieving the nirvana of delivering an excellent customer experience.
London market parties trialling Blockchain prototype
A Blockchain prototype will be rolled out as part of the London market modernisation scheme.
Go Compare to invest in start-up insurtech businesses
Go Compare is looking to invest in start-up insurtech businesses to help the aggregator website reach new customers, says CEO Matthew Crummack.
Go Compare demerger resulted in £8.1m hit to profit
The demerger of Go Compare from parent company Esure cost the business £8.1m, causing a drop in profit of 5.2%.
3XD ditches passwords in attempt to protect customers from hackers
Specialist insurance provider 3XD is trailing a new system that is designed to ditch the need for passwords.
One in four insurers failing mobile users
A quarter of insurers in the UK are failing to meet customers demand for a mobile and tablet optimised online experience.
Brit launches US cyber team
Brit has launched new cyber and technology team for Brit Global Specialty USA, with Michael Carr appointed as senior vice president, to lead the offering.
Taking a driverless car for a spin
UK projects are revealing the insurance implications of autonomous vehicles
Roundtable: The personal lines insurer of the future?
Digital transformation has become a hot topic in the insurance industry in recent years, with insurers becoming increasingly aware of the need to adapt to the changing technological landscape.
Aviva will retrain staff affected by automation roll out
Aviva has asked staff if a robot could better perform their job. If the answer is yes, the company will offer employees the chance to be retrained.
Allianz calls for clarity over subrogation in driverless cars bill
Allianz said it is looking forward to “more clarity” over whether insurers have access to collision data should a driverless car be involved in an accident.
This week: Personal injury, fundamental flaws and results
Personal injury took on a new meaning for me this week when I discovered a bruised ankle picked up during a recent paragliding adventure was actually a bad break.
Blog: Insuring automated vehicles will require data sharing
Private and commercial vehicles with advanced automated functions are going to gradually enter the UK market over the next few years. In addition to changes to the regulations governing vehicle type-approval, a number of amendments need to be made to the…
Blog: Usage-based insurance, an untapped opportunity
The growing usage-based insurance market is an opportunity for insurers, but there are some barriers yet to overcome.