Technology
International: Europe boards the telematics train
European powerhouse Germany is the latest country to show an appetite for collecting driving data. But the global spread isn’t stopping there.
C-Suite: Let’s not lose it this Christmas
The festive season is the peak period for mobile phone loss, so make sure your data is protected.
Insurance and the 'Internet of Everything'
In October, research organisation Gartner declared the start of the ‘Digital Industrial Economy'.
Europe: Telematics around the world
"Black", "box" and "technology" have become buzzwords for the insurance industry, with firms of all stripes seeking to incorporate more data into both their underwriting and claims processes to give insurers a better idea of customer risks.
Post magazine – 12 December 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Insurance Technology Conference: Insurers must wake up to the risks of misusing data
Data presents huge opportunities for insurers but the potential for misusing it is a serious risk for the industry, according to speakers at Post's Insurance Technology conference.
Insurance Technology Conference: SSP director Waring criticises ‘naive’ insurers for lacking digital strategies
Insurers vastly overestimate their digital capabilities and risk losing customers to better-equipped competitors, according to SSP director David Waring.
Interview: Ray Vincent: A decade and counting
Celebrating 10 years since his firm was born out of the ashes of disaster, Transactor founder Ray Vincent explains why increasing headcount, the mainstream market and London managing general agents will feature in the future of the brand.
Blog: Will insurers rise to the challenge as technology takes a giant leap in 2014?
Technology gurus’ predictions have often sounded like something out of a far-fetched science-fiction flick, however, recently they seem to be simply stating the obvious when they say 2014 is going to be the year of wearable technology.
Brokerbility gains controlling interest in Broker Tech
Independent broker network Brokerbility has acquired 100% of the share capital of Broker Tech, the Maidstone based software solutions provider.
Industry split on telematics data sharing amid anti-competitiveness concerns
Telematics data expected to become ‘ubiquitous’ within the next decade.
Prism Network predicts drying service will cut claims’ lifecycles
Disaster recovery business Prism Network has launched a drying service it predicts will improve insurer claims’ lifecycles from an average of 50 to 20 days on domestic claims up to £10 000.
Allianz launches enhanced tech PI product
Allianz Global Corporate & Specialty has launched an upgraded professional indemnity cover for of up to €20m (£16.5m) technology companies, software creators and telecommunications suppliers.
Ten Insurance to go live on Acturis platform
Ten Insurance Services is set to go live on the Acturis system at the beginning of January 2014.
Insurance Technology Awards 2013: Winners announced
Post’s Insurance Technology Awards took place last night at the Royal Garden Hotel in London.
Insurers must wake up to data risk danger
Data presents huge opportunities for insurers but the potential for misusing it is a serious risk for the industry, according to speakers at Post’s Insurance Technology conference today
Telematics data will never belong to insurers, claims Tesco Insurance MD
Insurers should abandon their concerns around the ownership of telematics data, Karl Bedlow, managing director of Tesco Insurance, has claimed.
Xactware and Rightmove join forces to improve underwriting
Cloud-solutions firm Xactware and Rightmove have partnered up to provide the insurance industry with property data and facilitate accurate underwriting.
Hellman & Friedman picks up Applied Systems in $1.8bn deal
Private equity backer Hellman & Friedman has completed a $1.8bn deal to acquire Applied Systems, the software house behind Insurecom.
Penny Speed meets... Phil Race, managing director, Agencyport Europe
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
AIG rolls out broker trading platform on continent
AIG is rolling out an e-trading product for brokers across five European countries following the launch of the platform in the insurer’s UK and Ireland businesses earlier this year.
Your say: Careful planning is the key to social media success
I read your feature on social media and found it extremely refreshing that our industry is now recognising the benefits of engaging with customers via this channel.
ABI GI boss Evans urges insurers to prepare for future challenges
Insurers should start preparing for future challenges impacting their business in the face of regulatory changes and an increased focus on digital, the Association of British Insurers’ policy director and deputy director general has said.
Hyperion appoints David Jack as first CIO
Hyperion Insurance Group has appointed David Jack as its chief information officer – a new role for the business.