Blockchain
For the Record: BGL rolls out digital claims, Chubb backs Covid-19 cover, Covea in Vitality tie-up, insurtech funding hits £5.2bn and Tractable deals
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
For the record: The week in deals featuring Aviva, Brit, Cazoo, CFC, Co-op Insurance and GRP
Post wraps up the major insurance deals, launches and investments of the week
Q&A: Tulsi Naidu, Zurich
Zurich UK CEO Tulsi Naidu will become the firm's Asia Pacific CEO in Singapore from 1 January 2021. She spoke to Post about her tenure in the UK, the importance of transparency and the challenges facing the market.
Blog: Forewarned is forearmed - From Tianjin to Beirut and where next?
On 4 August, a massive explosion devastated the city of Beirut. DAC Beachcroft partner and London Forum of Insurance Lawyers member Toby Vallance and DAC Beachcroft solicitor Michael McMillen consider the marine impact of the blast and whether lessons…
Lloyd's Lab - Class of 2020
The fifth cohort of Lloyd’s lab kicks off this week, with the chosen teams set to concentrate on Covid-19 products and solutions. Post looks at the businesses that hope the accelerator will help make their mark on insurance.
CII teams up with UEA to promote insurance careers
The Chartered Insurance Institute has joined forces with the University of East Anglia to help students develop a career in insurance through a programme that includes substantial savings on CII qualifications.
Top 100 Insurtech Firms 2020: The insurtech graveyard
For every successful start-up, there are many more failures and insurance is no different. Jonathan Swift reflects on some of those that shone brightly for a short time before being buried in the insurtech graveyard.
Analysis: How are insurers responding to the rise of cryptocurrencies?
The use of cryptocurrencies continues to grow with investors increasingly regarding them as another asset class, while an increasing number of companies and countries now accept them as valid forms of currency
Comment: Is 2020 the year of Parametric Insurance?
Post content director Jonathan Swift ponders whether Parametric insurance will live up to the hype of being The Next Big Thing, in the way that Blockchain has perhaps failed to.
Insurtech: Six insurtech start-ups to watch in 2019
As Post gears up to launch the 2019 Insurtech 100 listing in association with Tallt, Post content director Jonathan Swift highlights six businesses that will hope to be featured in forthcoming rankings
ABI backs Gibraltar government's pitch to British businesses
The Association of British Insurers remains “fully supportive” of the Gibraltarian insurance market and “the choice that it gives UK customers,” ABI director general Huw Evans has said.
This month in Post: Thomas Cook-up
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
Axa stops selling blockchain flight delay product
Exclusive: Axa has ceased writing its blockchain-enabled automatic flight delay product Fizzy, citing low market appetite and inadequate distribution channels.
B3I blockchain firm 'will need a lot of money to build our vision' says CEO
Blockchain company B3I, which boasts a plethora of big-name shareholders among its backers, will focus on building its product rather than chasing more funding in the immediate future, B3I CEO John Carolin told Post at a launch event.
B3I appoints John Carolin as CEO
John Carolin has been appointed CEO of B3I. He has held the position on an interim basis since March, succeeding B3I co-founder Paul Meeusen.
Analysis: Balancing risk and reward at board level
Risk managers believe that risk reporting and mitigation should no longer be an isolated item on the board agenda but how can they get the executive buy-in to this?
Blog: To grow, insurers must hit the open road
Insurers operate today in a relatively mature market environment but Max Richter, managing director for insurance, Accenture UK and Ireland, argues that it offers limited opportunities for growth and relatively few new products coming onto the market
Blockchain still requires ‘element of faith’ from industry
(Re)insurers and brokers should not expect blockchain investment to provide ‘instant gratification’, but should instead be looking five years’ into the future for tangible return on investment, a panel heard.
Six insurtech start-ups to watch in 2019
As Post gears up to launch the 2019 Insurtech 100 listing in association with Tallt, Post content director Jonathan Swift highlights six businesses that will hope to be featured in forthcoming rankings
Blog: How can insurers keep up when the future is being created every day?
Insurers will inevitably retain insurance as their core offering. But must act more like venture capitalists and develop innovation cultures to succeed according to Geoff Knott, director, Ninety Consulting
WTW's Nicolas Aubert on being bold to thrive in a global market
In a volatile geopolitical landscape, Nicolas Aubert, head of GB, Willis Towers Watson and current president of the Insurance Institute of London, urges the market to take the opportunity to rethink its position and think globally.
B3I CMO: GDPR is ‘wrong’
General data protection regulation is not fit for purpose, the chief marketing officer for industry-wide blockchain initiative B3I told attendees of Post’s Digital Insurance World conference.
AGCS' Yogesh Virji on managing inevitable cyber risks
As cyber risk is climbing the concern ladder, Yogesh Virji, head of cyber - UK at Allianz Global Corporate & Specialty, explains how the materialisation of this threat can affect various lines of insurance.
Covéa partners with blockchain service provider
Covéa has chosen to partner with blockchain platform Blocksure and will use it alongside its legacy systems.