Start-ups
Ten insurtech start-ups to watch in 2018 - part one
There does not appear to be any slowdown in the number of insurtech start-ups that are aiming to mark their mark on the insurance sector.
Some insurtech investment doesn't make sense, conference hears
Some investment criteria into insurtech start-ups “don’t make sense over time”, said Neil Harrison, global head of claims at Aon Risk Solutions, warning against “innovation that is going to cause dissatisfaction”.
Analysis: Employee benefits: Perking up at work
Insurers are investing in employee benefits as a way to recruit and retain staff - and they go beyond the core elements of pension, life and health cover to sometimes include quirky perks
Swiss insurtech Go Flink gears up for relaunch
Swiss insurtech start-up Go Flink is to relaunch and release a range of new products to distribute worldwide.
Insurtech Dinghy secures $1.2m funding round
On demand insurer Dinghy has secured a $1.2m round of funding led by Balderton Capital, which also backed pay-as-you-go insurer Zego.
Insurtech start-up enters UK market with backing from Zurich
Insurtech start-up Laka, previously Insure A Thing, has launched into the UK market with bicycle cover backed by Zurich.
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Urban Jungle secures £1m in funding
Insurtech start-up Urban Jungle has completed a £1m seed investment round.
Post Power List 2018: John O’Roarke
ABC Investors
Analysis: Mutual benefits
With four mutuals making the UK top 20 insurers rankings for 2017 and results outperforming the rest of the market, mutuality is a sector to watch, especially as it is easier to innovate without constant shareholder pressure
Insurance start-up Insure Pal to launch £15m initial coin offering
Insurance start-up Insure Pal is raising $18m (£15m) in an Initial Coin Offering to fund its UK motor launch in H1 2018.
Spotlight on professional indemnity: Media and technology sectors
Taking risks is in the DNA of many media and technology firms and insurance should be the enabler that allows them to do this effectively.
This month in Post: Takeovers, tech, trials and tinsel
This week saw one of the biggest takeover deals of 2017 while our December issue highlights a year of tech.
Davies Group boosts tech investment with innovation lab launch
Davies Group has launched an innovation lab to boost investment in technology and digital transformation.
Analysis: Behind the scenes of a year-long Blockchain pilot
Blockchain has become a buzzword in the industry but few know what it means, even less so its implications for insurance.
Innovation in Insurance 2017: 'Most start-ups lack insurance know-how'
Insurtech start-ups need to consider having an advisory board of insurance experts, or risk failing due to a lack of knowledge and expertise, a conference heard.
Rising Star: Richard Hartley, Cytora
Richard Hartley is CEO and co-founder at technology start-up Cytora
This Week in Post: Personal injuries and parenting fails
I felt very smug when my daughter tried on her first pair of slipper socks: she liked them! That meant I wouldn’t need to argue with her to keep her little feet warm – and she wouldn’t risk slipping on wooden floors. What I hadn’t foreseen though was…
Insurtech accelerator granted FCA approval
An insurance accelerator has been granted approval to launch up to 25 insurtech start-ups within the next five years.
Interview: Daniel Schreiber, Lemonade
Lemonade CEO Daniel Schreiber talks about the expansion plans of the US-based start-up that uses artificial intelligence to validate claims and donates profits to charities.
Analysis: Home, sweet connected home
Connected devices can help underwrite and mitigate household risks, but they also open the door to cyber vulnerabilities.
Guidewire 2017: 95% of investment in distribution 'will be wasted'
Investment made by insurers into new distribution models and technology could be wasted, a conference heard.
Blog: Digitise your underwriting, not just your quotes
Insurers have been digitising their application process but not so much their underwriting operations, writes Selim Cavanagh, insurance vice-president at Lexis Nexis Risk Solutions, warning they might be missing on some efficiency gains.
Digital Insurance World 2017: Brexit will impact investment into UK insurtech
There are remaining uncertainties surrounding Brexit contingency plans and how a divorce from the European Union will affect investment into insurtech.