Start-ups
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.
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.
Less than a third of millennials deem insurance necessary, research finds
Less than a third of millennials deem insurance as 'necessary', with 34% saying that it is 'overpriced' and just 12% believing insurance is 'good value'.
Colmore Insurance Brokers expand presence with acquisition of Webb Holton
Independent broker Colmore Insurance Brokers has increased its presence with the acquisition of Webb Holton Insurance Brokers.
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.
Bermudian insurance giant behind largest UK insurtech start-up investment
Insurtech start-up Buzzmove has closed a £6m super-seed round led by Bermuda-based White Mountains Insurance Group.
Insurtech start-up launches with new telematics offering
An insurtech start-up has launched a mobile phone-based telematics app that will be sold to insurers as a licensed product.
So Sure to launch 'revolutionary' social peer-to-peer mobile insurance app
Managing general agent So Sure, which specialises in insuring mobile phones, is about to launch a new model of “social insurance” via an app-based peer-to-peer product.
Ageas launches app-based millennial insurer Back Me Up with monthly fee
A new app-based insurance start-up aimed at millennials has launched this week targeting the millions of 18 to 34-year-olds who do not currently buy contents, travel or device cover.
Innovation lessons insurers can take from lawyers
Insurers and lawyers don’t have a reputation of tech-savvy trailblazers. Yet some of them have adopted new technologies, including artificial intelligence. So, what works and what doesn’t?
Blog: Blockchain, from industry loss warranties to original insureds
Blockchain could revolutionise the insurance and reinsurance industry.
BIA 2016: The future – digital insurance innovation, technology, start-up
Digital Insurance Innovation of the Year; Technology Award; Start-up Award
Broker Halo seeks new private equity backing as it enters GAP market with Mapfre
Halo is planning to seek new investment, six years after the car hire excess insurance specialist launched with Bridges Ventures, a social impact fund started by Sir Ronald Cohen.
Blog: Five steps to accelerate insurance product innovation
Insurers should look at introducing innovative products through digital channels. But much of this opportunity for added value and competitive advantage remains unexploited.
Pay-as-you-go broker Belong Safe shuts down after three months
Just three months after its launch, Belong Safe has shut down completely due to financial and branding troubles.
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.
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.
Commercial vehicle MGA launches with £30m capacity
A £30m-capacity managing general agency targeting van and commercial vehicle business will be launched in the UK market by the founder of a claims management company.
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.
Blog: Five reasons insurance incumbents secretly think they aren't going to get disrupted
I was privileged to be able to attend a roundtable discussion this week on innovation in the insurance space and found the conversation surprising.
Hiscox teams up with start-up broker for pay-as-you-go host insurance
Online platform Belong Safe has today launched the first on demand host insurance product to cater for the rising home-sharing market.
2016 billed as 'year of the disruptors' as insuretech start-ups target market share
Digital disruptors are digging out niches and targeting poorly-served sectors as the push for market share ramps up in 2016.
Israeli start-up Passportcard planning UK launch
Travel insurance start-up Passportcard is intending to be operational in the UK by the end of 2016.
Endsleigh digital boss Harper joins millennial insurance start-up Zugar Znap
Endsleigh Insurance’s head of digital, Iain Harper, has joined millennial-focused insurance and lifestyle start-up Zugar Znap Group as digital director.