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Latest NewsAdapt or die: how to survive in the insurtech jungle
Insurance Times spoke to industry experts to investigate why some insurtechs go bust
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Latest News
Be Wiser rejoins Biba, five years after joining the first time
The Andover-based broker first joined the association in September 2014, but after leaving in 2016, it has now rejoined
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‘The tide has turned’ on fraudsters as the industry reacts to the latest ABI figures
Industry appears mostly encouraged by latest fraud figures, but still see a long journey ahead, while one questioned the return on investment
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Zego partners with major car-subscription service
Private hire drivers will be automatically insured when taking out a subscription on a vehicle
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Application fraud dominates as average tops £12,000 per case
However, one fraud worth £1.2m was detected, and around 1300 fraudulent cases are exposed every day
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Aston Lark buys Manchester broker
The deal is Aston Lark’s first acquisition in the Manchester area
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Insurtech Honcho ready to take on aggregators as it steps into motor market
Insurtech wants to end aggregator dominance through its reverse auction approach to selling car insurance, whereby providers bid for a customer’s policy
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UK SMEs shoulder £8.8bn crisis costs, broker finds
Cyber-attacks, data breaches and cyber extortions accounted for 15% of all ’crisis’ events
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FCA clamps down on CMCs’ ‘unscrupulous’ false advertising
Martin Milliner of LV= says CMCs have gotten away with unscrupulous activities “for too long”
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Bought by Many to drop industry standard for switching insurers
The two-week waiting period was a measure to combat fraudulent claims, but the insurtech believe it is unnecessary
