Start-ups
Buzzmove awarded $500,000 in Venture Clash competition
Buzzmove has been awarded $500,000 (£379,506) in the annual Connecticut County Venture Clash competition.
Tractable launch automated damage estimating technology
Following its partnership with Ageas, Tractable has developed an artificial intelligence-driven damage repair estimation technology.
Homelyfe closes £2.4m funding round
Homelyfe has completed a £2.4m seed round led by Talis Capital and Peterson Ventures.
Research: What brokers really think of insurers
Brokers share their views on their relationships with insurers, the impact of technology and their investment priorities, in this exclusive piece of research conducted by Post in association with WPA
Start-up Insurdata raises over $1m in seed financing
Insurtech start-up Insurdata has raised over $1m (£0.76m) in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.
Analysis: Microbreweries: Raising the bar
Microbreweries offer brokers and insurers a small but safe market. With rising demand, the sector tastes of opportunity
Blog: How insurers can harness digital labour
Adam Woodhouse, director of the CIO Advisory at KPMG, explains how the insurance industry can speed up its march towards digital labour.
Blog: Breaking the renewal cycle with subscription-based insurance
Nigel Phillips, commercial director at CDL, lists the advantages of insurance customers going monthly.
Insurance start-up to offer protection against gazumping
Insurance start-up Homelyfe has launched home buyers insurance which will protect against gazumping.
Customers remain 'underwhelmed' despite $1.8bn insurtech investment
Investment into insurtech has already reached $1.8bn (£1.37bn) this year, however customers have yet to see any benefits in terms of improved customer experience, research has found.
XL Catlin's innovation team partners with AI-driven startup
XL Catlin’s international innovation team, Accelerate has partnered with Cytora, an Artificial intelligence-driven insurtech based in the UK.
Cvrd rebrands to Nimbla and sets launch date
Insurtech start-up Cvrd has rebranded to Nimbla and plans to launch in October this year.
Ingenin attracts 60 start-ups to Nottingham Innovation Hub
Exclusive: Ingenin has brought in 60 tech start-ups to its newly-launched Innovation Hub.
This Week in Post: Deal or no deal?
“You can watch Go Jetters if you let me tie your hair” is the type of deal you sometimes need to strike with your toddler if you want to get things done. Of course, you shouldn’t negotiate with mini-terrorists but there is nothing wrong with a win-win…
Interview: Danny Maleary, Vibe MGA Management
Vibe MGA Management, an independent MGA incubator backed by Syndicate Holding, launched in June. Post sat down to talk with CEO Danny Maleary about his vision for the new venture.
Week in Post: Cancelled flights, closed doors and canned ads
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
Capsicum's Chris Hardcastle on the capacity struggle facing MGAs
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.
Bye Guevara: How Gibraltar no-go signalled the end for insurtech start-up
Earlier today an email dropped into my inbox confirming what many had suspected for a while, the insurtech start-up Guevara was no more.
Start-up Guevara closes for business after failing to establish capitalised underwriting vehicle
Insurtech peer to peer start-up, Guevara, has closed its business after four year due to failing to establish a capitalised underwriting vehicle.
Blog: Why incumbent insurers must buy out insurtech start-ups
Instead of just driving efficiencies, some start-ups now have the ambition to become full-stack insurers, warns Paul Cuatrecasas, CEO of investment bank Aquaa Partners, urging incumbents to buy out these potential competitors.
Fintech continues to grow despite worries over attracting talent
Half of UK fintech firms are expecting revenue growth to more than double in the next year, with some expecting their next fund raising round to exceed £2.5bn.
Interview: Wrisk co-founder Nigel Barton
Weeks away from launch, Wrisk co-founder Nigel Barton talks to Jonathan Swift about how his business hopes to change the insurance ‘dialogue’, the need for start-ups to forge partnerships with well-known brands, and why it is necessary for the UK to keep…
Co-op trials Facebook car insurance chatbot
Co-op Insurance is trialling the UK’s first car insurance chatbot via Facebook Messenger.
Ingenie to expand telematics footprint, announces tie-up with Ageas’ Back Me Up
Exclusive: Young driver and telematics specialist Ingenie is poised to branch out into non-motor products and expand its underwriting footprint to older UK drivers.