Insurtech
Insurtech investment rises threefold to £1.57bn
Investments in insurance technology businesses more than tripled last year, according to research by Accenture.
Blog: Recall insurance must address car hacking
Vehicles are increasingly connected and far more software-reliant than they used to be. Unfortunately, most insurers offering product recall solutions are unprepared for this new reality.
Digital start-ups: Ready to launch
With a new start-up being founded every minute in the UK, the insurance industry has to meet the needs of this new breed of client.
UK insurtech start-up Guevara to follow US P2P provider Lemonade and launch licensed insurer
One of the investors behind insurtech start-up Guevara has warned others they will need "a lot of patience” to bear fruit in the insurance market.
Wunelli unveils ‘plug and play’ telematics device
Telematics provider Wunelli is launching a data collection device, cutting the cost of telematics by around 85% on current hardwired options.
Legal: Wearable technology – employers beware?
Developments in safety-related wearable technology in the workplace bring both benefits and risks.
Autoglass rolls out UK-wide solution to calibrate ADS
Autoglass has introduced a UK-wide solution to calibrate Advanced Driver Assistance Systems, which support vehicle safety systems including autonomous braking and lane deviation warnings.
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.
Former Wunelli boss Searles launches used car membership club
Former Wunelli CEO Penny Searles has returned to the market with the launch of an insurance company called Smart Driver Club Insurance, part of a membership service for motorists driving used cars.
Highways England to trial 'Wi-Fi road' on A2/M2 as part of innovation strategy
Highways England has today released its innovation strategy which sets out its wide-ranging plan to ensure it is keeping pace with advances in technology.
Flood Re updates, Legacy sell offs, fraudsters, lobbying and solicitors' PI
The best of Post the last week in case you missed it
Open APIs mooted by Brolly co-founder after insurtech Downing Street summit
The slower pace of insurtech growth has been recognised by government during a Downing Street meeting of leading industry players on Wednesday (30 March).
Friendsurance secures funding for Australia expansion
Berlin based peer to peer insurance firm Friendsurance has secured $15m (£10.4m) of funding for expansion.
UK-based insurtech firm Instanda grabs spot in Microsoft programme
Instanda has become the only insurance-based technology firm to be accepted onto Microsoft Ventures’ London accelerator programme.
Jonathan Davey: New tech start-up Hughub has no plans to compete with software houses
A start-up claims to have devised a white label technology platform that allows brokers and other insurance retailers to enable their customers to manage all of their insurance, life and health products in one place, regardless of the insurer.
Insurers profits to fall due to low returns, rising costs
The profits of general insurers are expected to fall over the next three months due largely to a rise in costs and low returns on investment, according to the latest PWC and CBI financial services survey released today (29 March).
Political Lobbying: Don't mention the ‘L' word
Smoke and mirrors perpetuates the lobbying mystique but there is no need to bring in outsiders if there is someone with know-how and who can put together a well presented case
Blog: How insurers can link in to connected homes
The Internet of Things is creating new opportunities and potentially resulting in a reduction of risk - so how can insurers attract these customers?
From Mister Maker and Keith Chegwin to upsetting Beliebers, how has #insurance embraced Twitter?
With Twitter celebrating its tenth birthday this week @insuranceswifty decided to ask a number of insurance-based social media advocates for their thoughts on the platform.
Blog: From London to Dover - what the connected corridor might bring
On 16 March the Chancellor of the Exchequer announced in the budget that the government are investing a further £15m to create a “connected corridor” from Dover to London, further reinforcing the position of the UK as the global centre for the…
Trade Voice: Airmic's John Hurrell - The value of insurance
It is more important than ever for the market and its customers to work together to demonstrate the value of commercial insurance
Budget 2016: UK to be driverless cars ‘centre for excellence’
A £15m "connected corridor" from Dover to London and further driverless car and truck trials were all announced in today's (16 March) Budget.
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.