Technology
Interview: Charlotte Halkett and Darius Medora, Buzzvault Insurance
Charlotte Halkett, one of the founding members of Insure the Box, caused waves when she moved to launch an insurance business of a removals booking firm Buzz Move in September last year.
IFB enters partnership with Mohawk Security to boost investigation strategies
The Insurance Fraud Bureau has signed a contract with Mohawk Security in order to more effectively combat fraud.
Insurtech start-up Homelyfe offers household product that can be bought in 85 seconds
An insurtech start-up has today launched an app enabled home and contents product that can be bought as quickly as 85 seconds.
JLT bolsters European cyber practice with Schouteren hire
JLT Specialty has bolstered its cyber practice in continental Europe with the appointment of former Aon cyber lead Sjaak Schouteren.
Electronic placement ‘not happening fast enough’, says Beale
The Lloyd’s market is not adopting the electronic placement of business fast enough, the market's CEO Inga Beale has said.
Driverless car data access a 'big priority' for ABI
Insurers need to have access to the accident data produced by connected cars, a conference heard.
Clearer definition of autonomous driving needed: Thatcham
The government needs to clearly define what constitutes autonomous driving in order that insurers can properly determine liability, a conference heard.
MIB could help OEMs share accident data with insurers
The Motor Insurers’ Bureau could act as a platform for car manufacturers to share with insurers accident data generated by autonomous vehicles, a conference heard.
Investment by reinsurers into insurtech was highest in 2017
Reinsurers led the way in insurtech investment during Q4 2017, directly and through their corporate venture arms.
Axa's Williams warns motor insurers against becoming obsolete
Motor insurance is going to be "massively impacted” by the advent of autonomous vehicles, a senior Axa executive has warned.
Volvo to launch autonomous cars in 2021
Volvo is “fairly confident” it can start selling autonomous vehicles to individual drivers in 2021, a conference heard.
Urban Jungle develops API for home and contents insurance
Urban Jungle has developed an application programming interface which will be rolled out to partnering home insurers.
Cyber threat growing quicker than claims data: IUA
A rapid growth in cyber threats has posed a challenge to the industry in acquiring claims data, the International Underwriting Association has warned.
Blockchain-driven insurtech completes $1m funding round led by insurance executives
Insurtech firm Inzura has completed a $1 million funding round led by senior industry figures.
Interview: ABC Investors - Bunker, Cassidy, Castle, Horton and O’Roarke
With their restrictive covenants expiring at the end of 2017, the former LV general insurance management are now free to re-enter the market. Jonathan Swift speaks to the quintet about their new consortium ABC Investors, digital innovation and what it…
Former Aviva director develops broker customer data sharing platform
Broker Insights has developed a platform which uses broker customer data to help insurers identify business opportunities.
QBE's Phil Dodridge on navigating the digital tempest
Threatened with disruption, insurers need to augment their business model, argues Phil Dodridge, head of business intelligence and disruption at QBE European Operations.
Former AIG UK boss Jacqueline McNamee returns with insurtech MGA
Jacqueline McNamee, former managing director of AIG in the UK, is to return to the market fronting a new Insurtech start-up.
Underwriters urged to establish policy provisions for drone usage
Traditional aviation policies are unlikely to address the emerging risks presented by the increased use in drones.
Brexit has led to a drop in overseas business: PWC
Confidence in the market among general UK insurers dropped last year with Brexit set to impact business volumes, according to a survey.
Co-op insurance launches medical expenses travel insurance
Co-op Insurance has entered the travel insurance market with a product that offers cashless medical expenses.
Brokers informed: The perils of escape of water claims for HNW clients
Escape of water claims are reaching an all-time high and the risk can be even more prevalent in the high-net-worth sector. From bespoke wet rooms to expensive technology, with homeowners away for extended periods, the damage can prove complex and…
This week: Technology, treasury and trade credit
I'm not sure who was more excited about technology in our house this week, my son discovered that virtual pets in the form of Tamagotchi are making a comeback in the UK this year while I learnt a bar has opened where robots make you cocktails.
Das develops Alexa skill to provide assistance with legal issues
Legal expenses insurer Das Group has launched an Alexa 'skill' for the Amazon Echo Amazon’s virtual personal assistant.