Digital Insurance
Blog: Five things I have learnt about insurance in five weeks
Since joining Post at the end of February, I have come to appreciate just how important insurance is to business. They both go hand in hand. Without insurance, business simply could not operate. Insurance is the grease to the wheels of the commercial…
Speedy payments and 3D printing among initiatives in industry's push to digitise claims
A swathe of initiatives to digitise the claims process are being rolled out by insurance sector companies including harnessing 3D-printing technology and initiatives that result in settlements being paid to customers in minutes rather than days.
Smart Driver Club Insurance to offer up to 40% off premium for lower-risk drivers
Smart Driver Club Insurance, the insurance offering of former Wunelli CEO Penny Searles' new UK-first telematics venture, will offer a significant reduction in its premium for drivers with a low level of risk.
Blog: Insurers - ignore the Millennials at your peril
After spending decades in the insurance industry on several continents, it never ceases to amaze me how we continuously fail to adapt to change as effectively as other industries around us.
Forces Financial offers free telematics with car insurance
Forces Financial, the financial services firm for the UK military, is offering a free telematics device with all new car insurance policies from 21 March.
Friendsurance remains unprofitable as CEO outlines growth plans
After six years of operation German start-up broker Friendsurance has failed to make a profit but this is part of the company's growth plan, according to its CEO.
Blog - Adapting insurance for the digital age
If insurers cannot keep up with customer preferences and technology they will be supplanted by those who can.
Post Digital Insurance Collective: Aviva CDO Brem - digital needs its own P&L to make it a board room reality
To succeed in the digital space insurer boards need to have the "guts" to make it a strategic priority, pull capital in from elsewhere to prove it, give it its own profit and loss "teeth" and build a few icons to underline a commitment to the cause.
Post Digital Insurance Collective Blog: Design thinking, feeling uncomfortable and three centuries of caffeine fuelled innovation
Following last week's Digital Insurance Collective meeting, I promised to put together a blog consisting of my top eight take homes from my discussions and observations. So here are my thoughts, please share your own in the comment box below.
Insurers need 'massive mind-shift' to create Amazon one click revolution, claims Aviva’s Brem
Insurers need to focus on the "ultimate tailoring" of their offerings and take the plunge on "appification", if they are going to compete with online giants like Amazon.
Hughes Insurance to shut over half its branches in April
Northern Irish broker Hughes Insurance is to close six of its eleven regional branches in April, as a result of the rising digital nature of the industry.
Penny Black's Insurance Week - 10 March 2016
When Penny decided to move with the times and get rid of her battered old typewriter little did she know that others were not following suit.
Blog: A digital tipping point for the insurance industry
The insurance industry can no longer afford to maintain the status quo, and is rapidly reaching a tipping point.
Axa invests in German digital health start-up
Axa Strategic Ventures, the €230m (£178m) venture capital fund set up by the French insurance giant, has announced it is leading an investment round in Medlanes, a Berlin-based digital health start-up.
Blog: Five reasons insurance incumbents secretly think they aren't going to get disrupted
I was privileged to be able to attend a roundtable discussion this week on innovation in the insurance space and found the conversation surprising.
Hiscox teams up with start-up broker for pay-as-you-go host insurance
Online platform Belong Safe has today launched the first on demand host insurance product to cater for the rising home-sharing market.
Blog: How designers will take over the insurance industry
I imagine you scoffed at this blog title. In fact, you're probably ready to switch off entirely. However, bear with me a little longer - I think you'll find it useful.
C-Suite - Insurer: The human touch
Technology is a very useful tool, but sometimes dealing with a real person gets the best result.
Blog: Does the idea of Google parent Alphabet buying AIG have legs?
Earlier this week Citigroup analyst Todd Bault triggered a number of headlines and healthy amount of debate by suggesting that AIG should be acquired by Google’s parent company Alphabet.
C-Suite: Making claims fit for a digital era
There is a still much work ahead for insurance companies to bring claims into the digital era writes Alson Ong.
2016 billed as 'year of the disruptors' as insuretech start-ups target market share
Digital disruptors are digging out niches and targeting poorly-served sectors as the push for market share ramps up in 2016.
Israeli start-up Passportcard planning UK launch
Travel insurance start-up Passportcard is intending to be operational in the UK by the end of 2016.
Endsleigh digital boss Harper joins millennial insurance start-up Zugar Znap
Endsleigh Insurance’s head of digital, Iain Harper, has joined millennial-focused insurance and lifestyle start-up Zugar Znap Group as digital director.
L&G partners with SSP for digital change programme
Legal & General has partnered with software provider SSP to deliver its new technology platform, including using a cloud-based quote system and an administration platform.