Technology
Blog: Uber for claims – How the 'gig economy' could disrupt the loss adjusting sector
Chris Sandilands argues that the loss adjusting process is perfectly suited to being disrupted by the 'gig economy', leading to benefits for insurers and policyholders alike. Perhaps most surprisingly, using freelancers for claims surveys could lead to…
Insurtech firm Trov raises £17.5m as it gears up to launch in the UK and Australia
Technology giant Guidewire and Australian insurer Suncorp are among the parties involved in the latest fund-raising from US insurance disruptor Trov, as it gears up to launch its on-demand cover for single items in the UK with Axa.
Insurtech investment rises threefold to £1.57bn
Investments in insurance technology businesses more than tripled last year, according to research by Accenture.
Blog: Recall insurance must address car hacking
Vehicles are increasingly connected and far more software-reliant than they used to be. Unfortunately, most insurers offering product recall solutions are unprepared for this new reality.
Virtual reality offering on trial for telematics-backed claims
Telematics firm Scope Technologies will offer a 4D recreation of accidents using telematics data, a move it says would cut claims times.
Digital start-ups: Ready to launch
With a new start-up being founded every minute in the UK, the insurance industry has to meet the needs of this new breed of client.
Fraudsters steer away from motor as casualty fraud almost triples in five years
Organised casualty fraud claims saw a significant spike from 2010 to 2014 as the government tightened up on whiplash and motor fraud, according to a new report.
Watchstone rejects buyout bid as 'unworkable'
Watchstone Group has rejected a bid it deems “unworkable” but has not ruled out any future offers from the company.
Motor: Manufacturers and insurers – joining up the data
With a raft of new technology being installed in motor vehicles, the debate has started over who owns the data it produces – insurers or manufacturers?
British Insurance Awards: The 2016 shortlist
Have you made the cut as a potential headliner? Well the wait is over - as today we reveal those companies that made it onto the British Insurance Awards 2016 shortlist.
UK insurtech start-up Guevara to follow US P2P provider Lemonade and launch licensed insurer
One of the investors behind insurtech start-up Guevara has warned others they will need "a lot of patience” to bear fruit in the insurance market.
Wunelli unveils ‘plug and play’ telematics device
Telematics provider Wunelli is launching a data collection device, cutting the cost of telematics by around 85% on current hardwired options.
Legal: Wearable technology – employers beware?
Developments in safety-related wearable technology in the workplace bring both benefits and risks.
Autoglass rolls out UK-wide solution to calibrate ADS
Autoglass has introduced a UK-wide solution to calibrate Advanced Driver Assistance Systems, which support vehicle safety systems including autonomous braking and lane deviation warnings.
Speedy payments and 3D printing among initiatives in industry's push to digitise claims
A swathe of initiatives to digitise the claims process are being rolled out by insurance sector companies including harnessing 3D-printing technology and initiatives that result in settlements being paid to customers in minutes rather than days.
Former Wunelli boss Searles launches used car membership club
Former Wunelli CEO Penny Searles has returned to the market with the launch of an insurance company called Smart Driver Club Insurance, part of a membership service for motorists driving used cars.
Highways England to trial 'Wi-Fi road' on A2/M2 as part of innovation strategy
Highways England has today released its innovation strategy which sets out its wide-ranging plan to ensure it is keeping pace with advances in technology.
Biba urges cooperation to allow brokers to cede to Flood Re
The British Insurance Brokers' Association is urging insurers and software houses to cooperate to allow brokers to cede customers to Flood Re amid concerns its members are currently at a disadvantage to insurers' direct channels.
Flood Re updates, Legacy sell offs, fraudsters, lobbying and solicitors' PI
The best of Post the last week in case you missed it
Open APIs mooted by Brolly co-founder after insurtech Downing Street summit
The slower pace of insurtech growth has been recognised by government during a Downing Street meeting of leading industry players on Wednesday (30 March).
UK-based insurtech firm Instanda grabs spot in Microsoft programme
Instanda has become the only insurance-based technology firm to be accepted onto Microsoft Ventures’ London accelerator programme.
Jonathan Davey: New tech start-up Hughub has no plans to compete with software houses
A start-up claims to have devised a white label technology platform that allows brokers and other insurance retailers to enable their customers to manage all of their insurance, life and health products in one place, regardless of the insurer.
Political Lobbying: Don't mention the ‘L' word
Smoke and mirrors perpetuates the lobbying mystique but there is no need to bring in outsiders if there is someone with know-how and who can put together a well presented case
Blog: How insurers can link in to connected homes
The Internet of Things is creating new opportunities and potentially resulting in a reduction of risk - so how can insurers attract these customers?