Technology
Money Supermaket insurance segment up 12% at year end
Money Supermarket posted an increase in full-year profit bolstered by as revenue growth and a strong insurance segment.
ICO expanding its workforce in time for post-GDPR breach reports
The Information Commissioner’s Office is in the process of adding to its team to deal with the expected influx of breach reports in the wake if the implementation of the General Data Protection Regulation.
FCA reveals surge in cyber attacks
The number of reported data hacking attacks against financial services companies has quadrupled in the last year, according to figures from the Financial Conduct Authority.
Homelyfe launches partner platform for third party insurance distribution
Homelyfe has launched it Partner Platform to enable third party firms to take advantage of its insurance product lines and provide home insurance cover in less than four minutes.
Zurich begins new initiative aimed at partnering with 'innovators'
Zurich has launched a new initiative in order to enter partnership with innovative companies and embed technology into its business.
Buzzvault announces long-term growth plans following Munich Re tie-up
Exclusive: Buzzvault Insurance has entered a five year strategic partnership with Munich Re Digital Partners with plans of releasing products to market by Q3 2018.
FCA calls for industry input on regtech
The Financial Conduct Authority has called for input on the use of technology to ease regulatory reporting.
Slice to launch on demand products in Q2 following partnership with Legal & General
US on demand insurtech firm Slice has said that its on demand home sharing insurance products will be available by Q2 this year, following its partnership with Legal and General.
FCA signs agreement with US regulator to promote insurtech innovation
The Financial Conduct Authority has signed an arrangement with the US Commodity Futures Trading Commission to support each other’s insurtech initiatives, Lab CFTC and FCA Innovate.
Hiscox to use real time cyber attack data in 'first' for awareness campaign
Hiscox will display real-time cyber attacks to raise awareness of the threat that cyber crime poses to SME businesses, as part of its new ad campaign.
Spotlight on ADAS: Why ADAS is not a fit and forget system
With more Advanced Driver Assistance Systems being installed on cars, Alistair Carlton, technical manager at National Windscreens, says insurers shouldn't underestimate the demand for ADAS calibration.
Spotlight on ADAS: Is everyone ready for ADAS?
As assistance systems are making cars safer, but also more costly to repair, insurers would love a database listing which features are fitted on which vehicles - but motor manufacturers aren’t sharing that information yet
Lloyds Bank insurtech and innovation head joins Oxbow as a partner
Christopher Hess, formerly the business development director at Lloyds Banking Group's insurance arm has joined management consultancy Oxbow Partners.
Smartphone video insurtech sets its sights on Europe
Global insurtech Eviid is setting its sights on expansion across Europe following the successful partnerships with insurers across the UK, US and Australia.
This week in Post: Funding, fraud and finding life after Brexit
This week, the insurance industry received the news that the government’s controversial whiplash reforms are likely to be put into effect in April next year.
Blog: Mystery deepens as founder and funder of peer-to-peer insurtech Hey Guevara deny knowledge of relaunch
You can never keep a good revolutionary down.
Bought by Many launches 'no form' claims process
Bought by Many has launched a 'no form' online claims process for customers claiming on their pet insurance.
Starling Bank launches app-based platform for insurtech partners
Start-up Starling Bank has named insurtech firm Kasko among the first wave of financial services partners whose products will be available through its in-app Marketplace.
Insurtech Policy Castle seeks £1m in investment as it looks to grow
Insurtech start-up Policy Castle has become the latest venture to seek funding, with a stated ambition to raise £1m.
Ex-Axa director sets up insurtech MGA for SME market
Ex-Axa boss Matthew Reed has launched an insurtech MGA targeted at SMEs.
Rental deposit insurtech aims to help renters improve their credit score
Exclusive: An insurtech offering rental deposit insurance is giving home renters the opportunity to improve their credit score through purchasing insurance and paying rent on time.
Ex-Aviva manager launches AI-driven chatbot app
Ex-Aviva product manager Damian Cristian has developed an Artificial Intelligence-driven chatbot app for personal insurance.
Blog: Personal and cyber - connecting the dots
James Tucker, smart technology manager at Allianz, explains why insurers should consider creating an all-encompassing personal cyber cover.
Sequel appoints Rob Stavrou as chief commercial officer
Sequel has appointed Rob Stavrou as chief commercial officer following the company’s acquisition by Verisk Analytics last year.