Technology
Cega to enable Barclays to pay claims via smartphones
Cega Group and Barclays Pingit have joined forces to send payments to customers using only their mobile phone numbers.
Comment: My Licence will benefit all parties
Project aims to reduce costs for insurers, speed up underwriting and ultimately bring down motor premiums.
High net worth: Staying on top
With an increasing number of direct players entering the high net worth arena, how can brokers stand out from the crowd and retain their traditional position as leaders of the market?
Quindell plans two major insurer deals in next six months
Outsourcing firm Quindell expects to announce at ‘least two major new clients’ in the next six months along with increasing the volume of business with three of its existing clients.
Quindell raises £200m and plans name change
Quindell Portfolio has raised £200m through the placing of 1 315 789 500 new ordinary shares at a price of 16 pence per share.
Almost 20% of motorists would consider telematics at next renewal
Nearly one in five motorists will consider taking out black box car insurance policies at their next renewal date as the technology goes mainstream, according to Consumer Intelligence.
Tech company warns of ‘wilful blindness’ liability in ignoring telematics data
Businesses failing to correctly use their telematics systems to monitor and act upon drivers’ behaviour could be leaving themselves exposed to costly legal action in future, according to technology provider In-Car Cleverness.
Post Magazine - 14 November 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.
Everest Re first to use Xuber’s reinsurance product
Everest Reinsurance will be the first company to implement insurance software business Xuber’s new product for reinsurers.
Cloud-based portal for schemes brokers launched
Wonder Holdings has announced the formation of a new subsidiary, The Broker Cloud, a portal dedicated to scheme brokers and niche traders in insurance.
Insurer Cloud goes live
The Insurer Cloud is now fully operational at its newly acquired offices in Basingstoke, Hampshire.
Blog: What's holding telematics take-up back?
The rise of telematics in the insurance industry is, relatively speaking, a recent phenomenon.
New online tool seeks to ramp up market-wide telematics push
A new online launch aims to help insurers get a toehold in the burgeoning telematics market.
Open GI and Right Choice renew partnership
Technology provider Open GI has announced a renewed five-year partnership with Right Choice Insurance Brokers.
DAS puts commercial products on Acturis
Legal expenses insurer DAS has launched its loss assistant business product and commercial legal protection products on Acturis.
LMA launches new e-claim file site
The Lloyd’s Market Association is to launch an electronic claim file website on 18 November.
C-Suite: Use data to defeat cyber crime
A recently published survey found the insurance industry was, at best, responding to less than 20% of the risks businesses face.
International: Europe: Changing the channel
A recent study suggests insurers are failing to take advantage of digital channels. How can they harness the benefits on offer?
DLG in ‘advanced talks’ to sell part of its telematics business
Direct Line is said to be in advanced talks to sell its Tracker telematics business to a private equity house, according to the Financial Times.
Post Magazine - 31 October 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.
Ace adds crime insurance to online trading platform
Ace Group has added crime cover to Ace Online, a web-based trading tool that allows brokers to quote and bind specialist insurance business.
C-Suite: Crystal clear on cyber crime cover
The industry needs to foster greater understanding and awareness of the very real threat of cyber crime.
CDL unveils new director of service
Insurance software house CDL has appointed Stuart Bishop to the newly created post of director of service.
Bluedrop first to run Ebroker for Power Place
Southampton-based broker Bluedrop is the first to run a SME e-trading software offering from Power Place and Open GI.