Technology
Travelex has not reported a data breach to the ICO
Foreign exchange currency provider Travelex, which has been hit with a ransomware attack, has not reported a data breach, the Information Commissioner’s Office has said.
ICO fines Dixons £500,000 over cyber attack
Dixons Stores Group has been fined £500,000 following a cyber-attack which affected at least 14 million people.
This week in Post: Back to business
With the holiday break over, this week has seen people across the UK – some somewhat sluggishly – get back to business.
BHIB launches online freelancers brand Create Insurance
BHIB has rolled out Create Insurance an online offering targeting freelancers in the creative industries, from photographers to script writers.
Ransomware attack victim Travelex has cyber insurance
Foreign exchange provider Travelex, which has been offline since New Year’s Eve after a cyber attack, has cyber insurance in place.
Rightindem appoints Amanda Blanc as chair
Amanda Blanc has joined digital claims provider Rightindem as non-executive chair of the board of directors.
Blog: Insurtechs won’t eat your lunch, but they will pull up a seat at the table
Increased collaboration means insurers no longer need to worry about insurtechs taking their market share but Laura Drabik, chief evangelist at Guidewire Software, explains this integration must be done correctly or the market will face unhappy customers…
FCA unveils reforms to become highly data-driven
The Financial Conduct Authority has refreshed its Data Strategy, first published in 2013, and set out a “transformation plan” to become a highly data-driven regulator.
Bought By Many eyes Series C round early this year
Pet insurance insurtech Bought By Many has engaged with a number of larger funds as it edges towards a Series C fundraising round in the coming months, CEO Steven Mendel told Post.
Amanda Blanc joins Laka
Former Zurich EMEA CEO and Axa UK and Ireland CEO Amanda Blanc has joined insurtech Laka, Post can reveal.
This month: FCA fines, climate change and shaping company culture
This month marks the start of a new decade. And while a new year might bring optimism for the insurance sector it can also bring with it a host of challenges.
180 years of Post: The magazine that shook up insurance
Post Magazine first appeared on Saturday 25 July 1840, just seven months after the introduction of the Penny Post and was the first publication anywhere in the world to be sent by post – hence its name. It, therefore, ranks among one of the most…
Interview: Claudio Gienal, CEO, Axa
Fifteen months ago Claudio Gienal stepped up to the role of CEO of Axa UK and Ireland, but he’s taken his time to reveal his strategy for the firm. He spoke to Stephanie Denton about why clarity, diversity and adding value really matter to him
Roundtable: What’s next for the modernisation of Lloyd’s and the London market?
Against a background of the winding down of the Target Operating Model and the publication of the Future of Lloyd’s Blueprint, Post, in conjuction with WNS, invited industry experts to discuss the six suggested proposals to modernise the market. Post…
Blog: Adas data shortage for insurance is about to get sorted
Advanced safety features not only differ in performance and description among different manufacturers, but even among models by the same car manufacturer. Andrew Ballard, senior global product manager at Lexis Nexis Risk Solutions, believes deep data…
Blog: From disruption to collaboration - why insurtechs need to change the narrative in 2020
The coming year is set to be something of a watershed for insurtech. Craig Foster, CEO at Leakbot, believes far from disrupting the insurance sector, insurtech is beginning to define it and providers now have a crucial role.
Diversity and Inclusion in Insurance Award winner; Claims Consortium Group's Debbie Mawer
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature The Mental Health Champion Debbie Mawer, director of people and culture at Claims Consortium Group
Blog: (We) Working through Lemonade’s IPO woes
I wasn’t surprised to see that Lemonade has reportedly shelved its plans for an initial public offering, amid troubles in investor Softbank’s portfolio.
Roundtable: Control your innovation destiny
Few disagree that the industry needs to innovate, but blue sky thinking is quickly clouded by conundrums around outsourcing, unwieldy legacy systems and the short-term need to turn a profit
Q&A: CII society chairs
Following recent changes to the Chartered Insurance Institute's societies, Post caught up with Sue McCall, chair of the Society of Claims Professionals, Kevin Hancock, chair of the Society of Insurance Broking and Philip Williams, non-executive director…
Blog: The changing face of the SME market
The SME market is changing, with more IT consultants, gig workers and freelance project managers emerging alongside traditional businesses. To support both the old and new Helen Bryant, director of SME markets at Allianz Insurance, argues the insurance…
Blog: Cuvva-ing all the bases with statistics
Post senior reporter Emmanuel Kenning wonders about Cuvva’s 3% claim.
Volkswagen debuts repair platform for insurer use
Volkswagen Group has launched a 'paint and body platform' to keep insurers and the repair network up to date with its latest developments and technology updates.
Analysis: Embracing data ethics
With the increasing use of machine-learning models, the data being inputted into these models raises a number of ethical questions, but how are insurers addressing these potential issues?