Technology
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.
LV's Steve Treloar on why the commercial lines market must decide on its future direction
The commercial lines market finds itself at a crossroads: does it stick to the tried and trusted road of face-to-face interaction and relationships or does it follow personal lines down a digital highway?
Digital Insurance World: Live
Live updates from Post's Digital Insurance World event.
Deloitte appoints insurtech expert Walsh as insurance partner
Deloitte has appointed Nigel Walsh, former head of insurance at Capgemini as a partner in its insurance practice.
This week: Let downs, whiplash and administration
Sometimes in life people let you down. Maybe they are not as invested as you, maybe they don't have the same energy levels or maybe they were never going to do it in the first place.
Legal Update: Use whiplash claims to pilot the Online Court
Keen to modernise the justice system, the government should use whiplash claims to trial the Online Court.
Moore Stephens eyes Asia expansion for Rulebook
Advisory firm Moore Stephens' insurance arm is offering its underwriting tool to the Asian market.
Shareholders bring £155m suit against Slater & Gordon over Quindell purchase
Shareholders are seeking £155m in damages from law firm Slater and Gordon over its purchase of the professional services arm of Quindell.
Digital Insurance Collective: Don't always start with the customer
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: 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…
CSC reduces headcount by 4% following acquisition of Xchanging
CSC has carried out a “swift” integration with Xchanging following its acquisition in May.
Allianz's Jon Dye on taking a cautious approach to autonomous vehicles
National newspapers ran a story recently on autonomous driving based on research from the University of Michigan. The academics claimed that British drivers would trust autonomous vehicles less than drivers from other countries.
SSP calls for ‘increased scrutiny’ over software houses
SSP will welcome “increased scrutiny” from the Financial Conduct Authority in the wake of an outage that has affected a third of its customer base.
Claims Club Summit 2016: Artificial intelligence could bring increased accuracy
Artificial intelligence could be used to make the claims process more efficient as robots are said to be able to complete tasks quicker and without errors.
'Smart contracts' could mean lower premiums and efficient claims management
'Smart contracts' could help insurers settle claims quicker and provide better services and potentially save $21bn (£17bn) worth of claims costs globally.
Aon acquires cyber risk specialist Stroz Friedberg
Aon is to buy US risk management firm, Stoz Fredberg.
Biba review into software houses to be a 'major work'
An independent investigation into the disaster recovery plans of broking software houses will be completed by the first quarter of next year.
Biba hosts meeting between SSP and brokers
The British Insurance Brokers’ Association facilitated a “full and frank discussion” between software house SSP and brokers affected by its August outage last night in its London offices.
Aviva offers leak detector to policyholders
Aviva will offer policyholders a leak detection device as part of the insurer's tie-up with Homeserve.
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.
Insurers struggling to adapt to digital channels, leaving millennials in the dark
UK insurers are struggling to adapt to digital channels of customer engagement, research has revealed.
Blog: Artificial Intelligence will transform insurance
Artificial intelligence has the potential to revolutionise insurance but before it does, insurers need to overcome public reticence and regulatory challenges.
Big Data – a challenge and opportunity for brokers
The rise in Big Data could usher in a host of opportunities for insurers to expand their customer bases and develop innovative products and services; but it could also prove a test for brokers.
Editor's Comment: What would AI make of insurance?
At a recent Claims Club meeting I was introduced to IBM’s Watson, an artificial intelligence technology platform that uses natural language processing and machine learning to reveal insights from large amounts of unstructured data, and it got me thinking.