Insurtech
Blog: Trolley or dolly? Machines, ethics and liability
The 'trolley dilemma' is a thought experiment from the 1960s that questions the ethical course of action when having to choose between two outcomes
Insurtech firm gets £200,000 in funding
A ‘disruptive’ insurtech firm specialising in risk management software has attracted £200,000 in debt funding.
Research editor's comment: Why we're the know-it-alls
Not that long ago I was involved in a discussion about the future of the modern world and was rather astounded to hear myself speak knowledgeably on the various aspects of the topic, compared with the other participants.
Blog: Uberisation of claims would be detrimental to customers in surge scenarios
Clive Nicholls, UK & Ireland CEO at Crawford & Company, disagrees loss adjusting will soon be disrupted by the 'gig economy'. He argues the industry cannot rely on freelancers to carry out claims surveys in surge scenarios.
Facebook investors back claims fraud detection start-up
An early Facebook investor has ploughed $10m (£6.8m) into a tech startup that uses artificial intelligence to detect fraudulent insurance claims.
Aviva seals exclusive deal with digital incubator Founders Factory
Aviva will be the exclusive financial services partner for digital accelerator and incubator Founders Factory over the next five years.
Survey shows growing demand for customer analytics in Asia
A Post survey shows the uptake and pace of customer data analytics for Asian insurance firms is on the rise.
Telematics tales: Home is where the app is
For the past five years the general insurance industry has been buzzing about telematics.
C-Suite Insurer: Zurich's Karl Helgesen on the unprecedented pace of technology
As I look out to the horizon I can't help but feel incredibly excited and perhaps a little apprehensive. We are seeing technology develop at an unprecedented pace, coupled with a sharpened focus on the customer and a reform agenda that could change the…
Blog: Digital is changing insurance
Digital innovation is changing the way the insurance industry operates, with providers beginning to embrace developments where technology can make life easier for the consumer.
C-Suite Broker: Willis Tower Watson's Nicolas Aubert on pushing the London Market forward
Over the years, the London insurance and reinsurance market has faced many challenges and changes, but to date it has successfully navigated these choppy waters.
Editor's comment: Time for change
Former Prime Minister Harold Wilson warned: “He who rejects change is the architect of decay.” And 2016 will go down in the annals of insurance history as a year of change.
Blog: Disruption has only just begun
The Next Generation Insurance Network has been providing young professionals with educational and social events in London for the past five years. The network has more than 1500 members from brokers to underwriters, lawyers to consultants.
A fifth of European consumers would buy insurance or banking products from Google, Amazon or Facebook reveals a study
Customers could increasingly turn to big-name disruptive firms in the financial services sector, according to a survey of the European market by Fujitsu.
In Depth: Social media investigations the first line of defence in fighting fraud
Information gleaned from open public sources is admissible in court.
Blog: Not anyone can practise as a loss adjuster
Chris Hall, managing director at Questgates, reacts to Chris Sandilands' proposition of an Uber-style service for claims. In his view, freelancers cannot provide the level of expertise and consistency needed for loss adjusting.
Charles Taylor to target insurtech with specialist arm
Professional services firm Charles Taylor will target the insurance technology market with a dedicated business, Charles Taylor Insure Tech.
Volvo CEO calls for more government help as it outlines autonomous driving trial in London
The Association of British Insurers’ has hailed Volvo’s autonomous driving trial in London next year as “really exciting” and potentially “transformational,” while the motor manufacturer itself has called for more government help to speed up adoption.
Blog: Uber for claims – How the 'gig economy' could disrupt the loss adjusting sector
Chris Sandilands argues that the loss adjusting process is perfectly suited to being disrupted by the 'gig economy', leading to benefits for insurers and policyholders alike. Perhaps most surprisingly, using freelancers for claims surveys could lead to…
Insurtech firm Trov raises £17.5m as it gears up to launch in the UK and Australia
Technology giant Guidewire and Australian insurer Suncorp are among the parties involved in the latest fund-raising from US insurance disruptor Trov, as it gears up to launch its on-demand cover for single items in the UK with Axa.
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.
