Technology
Telematics data helps to disprove fraudulent car hire claim
Information gathered from blackbox telematics has been used successfully to reveal a dishonest customer claim involving a hire vehicle.
Blog: Seven Asian insurtech start-ups to watch in 2017
Despite the US being seen as the pre-eminent center for insurtech investment, it in no way has the monopoly on all the good ideas.
Cyber controls are 'not fit for purpose'
Organisations' cyber controls are not fit for purpose, including those recommended by government, according to research from the University of Oxford and Novae.
Former Direct Asia managers launch Singapore insurtech firm with BGL parent
The owner of BGL group has teamed up with the co-founder of Direct Asia to launch a new insurtech start-up in Singapore.
Social media libel: Keyboard warriors
Social media grants people the ability to broadcast their opinions to a wide audience. What coverage can insurers provide against libel?
Traity launches chatbot to help people insure P2P transactions
Insurance start-up Traity has launched a new blockchain-based chatbot that could help people insure their online peer-to-peer transactions.
Week in Post: Moves and booze
For the first time ever, I had to purchase home insurance this week and despite working with the insurance industry, I had no idea how to go about it. So I ended up on an aggregator site.
Junction’s Gary Duggan on how the data revolution can benefit consumers
The vast amount of data available to insurance providers in an increasingly digital world offers extraordinary potential for our industry, allowing us to understand our customers better, to refine our pricing and to improve and personalise the…
Six insurtech start-ups to watch in 2017
To celebrate the return of the Post Digital Insurance Collective, I thought I would take another of my periodic looks at some of the newer start-ups in the insurtech space with some connection to the UK.
Risk managers and business leaders must be 'cyber savvy'
The UK’s business leaders and risk managers need to be ahead of the curve when it comes to cyber risk, said Julia Graham, technical director at the Association of Insurance and Risk Managers.
Just Miles plans to help low mileage drivers get fairer polices
Just Miles is planning to launch an on-demand insurance service for low mileage drivers in a bid to make insurance fairer.
Reinsurers increasing insurtech investment to counter growing competition
Reinsurers are increasingly investing in insurtech to mitigate external threats from venture capital investment, experts told Post.
Insurtech start-up In My Bag launches with Hambro Perks funding
Mobile professional insurance specialist In My Bag has formally launched with funding from Hambro Perks and the underwriting support of ECIC.
Personal insurers are not placing enough digital investment into claims process
Leading personal lines insurers are placing a bigger focus on digital investment for customer acquisition rather than retention, research shows.
Bought By Many launches new pet insurance product
Insurtech start-up Bought By Many has launched its first pet insurance product following its £7.5m investment round.
Cryonics: premium on immortality?
The world of cryonics, and the freezing of human tissue, is proving a tricky one for the insurance industry.
Government sets out insurance framework for driverless cars
The government will set out a framework this week for insurance for driverless cars, a move that has been welcomed by insurers.
Peter Graham departs as Barbon chair to focus on new ventures
Former Esure CEO Peter Graham has stepped down from his role as chairman of Barbon Insurance Group
Hiscox backs cyber capacity for Towergate MGA Fusion
Towergate-backed managing general agent Fusion has launched a cyber and data product offering limits of up to £5m.
Ten more insurance firms join Blockchain pilot
Ten more insurance companies have joined a pilot scheme to test the impact of Blockchain on the industry.
AI is strong driving force behind Allianz claims restructure
Allianz is set to make way for the use of artificial intelligence in its motor claims business following its decision to restructure.
Insurtech firm Risk Solved secures Ezee director investment
Specialist insurtech firm Risk Solved has secured investment from Nikki Daniels, director of Ezee Insurance Solutions.
Ageas's Boisseau on the importance of using technology for transparency
Mis-selling of payment protection insurance has done little to help our industry and the issue of trust for insurance providers.
Blog: How telematics can help buck winter claims trends
Telematics data shows young drivers drive more carefully in winter than in summer. This type of insight can help insurers develop new rating factors.