Technology
LM Tom to be wound down ahead of Lloyd's future blueprint publication
The London Market Target Operating Model is to be wound down and its work to be continued as part of the Future at Lloyd’s market modernisation drive.
LV opens University of Bristol campus data ethics office
LV general insurance CEO, Steve Treloar said it is “ever more important” to understand data ethics, as the insurer launches its university office in Bristol.
Blog: Advancements in vehicle technology - are insurers keeping up?
Fifty years ago, as the first Ford Capris, Austin Maxis and Aston Martin DBS V8s arrived on the UK’s forecourts, Thatcham Research was established to improve vehicle safety standards and contain claims cost. However Graham Gibson, chief claims officer at…
Digital Fineprint closes $4m funding round, with insurtech Cuvva tipped to raise next
Digital Fineprint has become the latest UK-based insurtech to announce a significant fund raising round after unveiling a $4m (£3.2m) investment at Insurtech Connect in Las Vegas today.
Government issues warning over use of AI in insurance pricing
The rise of artificial intelligence and big data could create a new class of ‘uninsurables’ in society, a government task force has warned.
Analysis: How well have insurers and brokers adapted to providing access to insurance for people with disabilities?
With the introduction of the Equality Act, it became illegal for insurers to price disabled customers’ premiums on any factors that do not directly impact on the risk
Thingco and Freedom Services Group enter JV
Thingco has entered a joint venture with Freedom Services Group, to form Pukka Tech.
Inshur appoints former Uber boss
Inshur has appointed Simon Logan, former RSA and Uber legal boss, as VP of commercial and legal.
Startupbootcamp's Sabine VanderLinden on inclusion in insurance
In June, I discussed the topic of ‘inclusion in insurance’ at The Women in Insurance Global Conference in New York, writes Startupbootcamp CEO Sabine VanderLinden. The topic is now taking centre stage in our industry as alongside their credit score,…
Insurtech Inshare targets SMEs to corporates with peer-to-peer launch
Insurtech Inshare is seeking to bring peer-to-peer risk and insurance management to the commercial community as it gears up to launch ahead of the Insurtech Connect event in Las Vegas next week.
This week in Post: Culture vultures
At the Monte Carlo annual rendezvous this week, Lloyd’s chairman Bruce Carnegie-Brown said the corporation was ready to “hang” perpetrators of bad behaviour after its culture survey revealed some “sobering” results.
Insurance Technology Summit Q&A: Equinix global head of insurance James Maudslay
Ahead of the Post Insurance Technology Summit, Post editor Stephanie Denton sat down with Equinix global head of insurance James Maudslay to discuss the role inter connection and ecosystems play in giving insurers a digital edge.
Advertising Feature: Is a lack of expertise at bodyshops putting drivers at risk?
New technology can save lives, but Neil Atherton, sales and marketing director at Autoglass, fears a lack of expertise at bodyshops could put drivers at risk and lead to increased insurance claims.
Blog: Cyber crime - keeping ahead of evolving threats
With the imminent explosion of Internet of Things devices via the 5G rollout and the systemic rise in the use of artificial intelligence, technology is increasing both in complexity and connectivity writes James Maass, cyber incident specialist at CFC…
Thatcham publishes guidelines for autonomous vehicles
Thatcham has published guidelines to help transition vehicles from assisted to automated driving.
Blog: Post trials a driverless car
Driverless technology will shape the future of motor insurance. Thatcham offered Post the chance to trial a driverless car at a test track in Nuneaton, and see how the technology will change over the next six years.
Ex-Allianz CEO joins Cuvva
Exclusive: Former Allianz Partners UK and Ireland CEO Serge Corel has joined Cuvva as director of partnerships, following the insurtech’s move into travel insurance.
Zego and DLG challenger bank partner inks distribution deal with further insurtech
Mobile-based Starling Bank has added a further broker and cyber risk service to its marketplace.
QBE's Cécile Fresneau on turning data into actionable information
While as an industry we hold large volumes of data and information, actually having valuable, reliable, timely data that is informative and can be turned into insight and action is a different thing altogether, particularly in an industry where many of…
This month: A long road ahead
It’s been a topsy-turvy month in Parliament and this week a bill was passed by MPs aiming to block a no-deal exit from the European Union. But as the UK continues to face uncertainties over Brexit, across the pond this month we saw scenes of destruction…
Insurance Technology Summit Q&A: Crowe partner Daniel Bruce
Ahead of the Post Insurance Technology Summit content director Jonathan Swift sat down with Crowe partner Daniel Bruce to discuss the difficult questions insurers need to ask themselves before undertaking digital innovation projects, and why they need to…
Motor premiums could be slashed by 60% from driverless cars
Adoption of autonomous vehicles could wipe 60% off motor premiums, lawyers have said.
Editor's comment: Is it safe to cross the personal injury line?
Historians argue over the origin of the word deadline but several online etymology dictionaries claim the term might have been influenced by use of the word in 1864 to mean the “do-not-cross line” in Civil War prisons in the US.
Special Report: The future of personal lines insurance: Expert view
The insurance industry needs to understand the demands of its future customers if it is to satisfy their expectations. EXL’s head of UK and Europe and SVP Insurance, Nigel Edwards explains how smarter insurers will adopt personalisation and a…