Insurtech
Could other start-ups follow the Beyonce name-checking Lemonade in seeking musical inspiration
This week saw the launch of the much trumpeted and anticipated peer-to-peer insurer Lemonade.
Applied Net 2016: Insurance industry in need of a 'modern twist'
The UK insurance market is in need of a ‘modern twist' as the US introduces more disruptive technology.
Lemonade aims to shake up insurance with New York launch
Lemonade, the start-up insurer promising to donate its underwriting profit to charity, is to start offering insurance coverage in New York from today.
Target Global backs Financefox with largest ever European insurtech round
Insurtech app Financefox has revealed that it has raised $28m (£21.6m), the largest insurtech round in Europe to date, led by Target Global and Horizons Ventures.
Why 'unhackable' blockchain could revolutionise the insurance industry
Everyone’s talking about it, but is anyone really doing it? There’s a continuous chatter surrounding blockchain, so isn’t it about time more firms used the distributed ledger system?
Applied Net 2016: Insurers need to find new way of innovating to contend with Millennial threats
Voice recognition and video interfacing could be the two next best things in insurtech and could help to increase customer engagement in the insurance market place.
Tech advancement in cars 'is pushing up claims costs'
The increasing likelihood of cars to have advanced safety features may be pushing up the cost of claims for motor insurers.
Industry braced for disruption from insurtech start-ups
Insurance professionals believe there will be an increase in new products and innovation in the coming years, driven by competition from disruptive insurtech firms, research has found.
'Social network for insurance' aims to revolutionise the market
Insurercore, a social network for insurance professionals, will be holding a workshop tomorrow night with young brokers and insurers ahead of its November launch.
Digital Insurance Collective Blog: What to offer Millennials
Millennials are consumers of insurance products and their experience of other service providers influences their expectations of insurers. But what about attracting and retaining this generation and its massive employee talent pool?
Insurtech booms as investment triples in the UK
Investment in insurtech so far this year is already triple that of the whole of last year, making it one of the UK's fastest growing sectors.
Octo adds Axa and LV to telematics offering
App-based telematics provider Octo Telematics has added four insurers to its free smartphone driving app Octo U.
State of the Nation: Lloyd's and the London Market: Innovation and modernisation
The London Market is keen to encourage innovation, but that will involve overturning tried and tested practices and bringing through the younger generation
Insurtech products 'could engage the Millennial market'
Insurers should stop selling insurance and start selling product services instead, if the industry is to successfully tap into the Millennial market.
Week in Post: trampolining, brokers in the dark and cake
I was reminded of the insurance industry this surprising sunny bank holiday weekend when I was required to sign a waiver to accept and acknowledge my participation in Gravity Force trampolining could entail "known and unknown risks that could result in…
Neos begins testing connected home insurance service
Neos has begun beta testing its new connected home insurance service with its partner Hiscox, the service claims to be a first for the UK insurance industry but similar services have been launched in Italy.
Brokers still in the dark as SSP outage now a ‘major incident’
The power outage that left brokers unable to access services on SSP’s Pure Broking platform since the weekend is now being described as a “major incident” by the company.
Brokers cut adrift after SSP platform goes offline
Brokers have been left floundering after popular broking platform operated by software company SSP was taken offline.
Charles Taylor reports 6.8% rise in revenue to £74m
Charles Taylor has reported a 6.8% increase in revenue to £74m in the first half of 2016.
Blog: Claims specialists, underwriters and risk managers need to get together to innovate
Technological advances help claims specialists and underwriters improve their processes but perhaps the biggest challenge for innovation may lie in both of them working together.
Week in Post: CMC impersonators, NED worries, and a Team GB gold medal winner
Sitting in my front room on Saturday morning I took a phone call from a claims management company.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
IFB extends contract with BAE systems after 10 years of partnership
The IFB has decides to keep BAE Systems NetReveal as its next generation fraud detection platform until 2020.
Inspool, Insure Street, Teambrella and Tego Cover among eight UK insurtech start-ups to watch
KPMG published last week its latest Pulse of Fintech report, including the investment figures for the year-to-date in the insurtech space.