Artificial Intelligence

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News

PeppercornAI raises more than £3m to develop AI platform

2024-04-25T13:15:00+01:00By

’Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies,’ says chief executive

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News

‘More clarity’ needed from regulators over AI

2024-04-23T14:00:00+01:00By

’Companies are willing to put investment in again and there are exciting developments on the horizon for AI,’ says deputy chief executive

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News

More than 100 insurance startups actively deploying AI

2024-04-23T13:00:00+01:00By

’Industry leaders and stakeholders can leverage this innovation intelligence strategically,’ says practice head

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News

FCA to explore big tech opportunities for insurance industry

2024-04-23T11:49:00+01:00By

’Big tech’s growing emergence in financial services has already made life easier for consumers,’ says chief executive

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News

Regsearch plots UK launch following AI partnership

2024-04-19T13:00:00+01:00By

’Our goal was to build a mainstream regulatory compliance solution that millions of people could use,’ says founder and chief executive

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News

Organisational barriers hampering insurance customer service – Capgemini

2024-04-17T06:00:00+01:00By

‘Embracing AI-driven insights and automation is crucial for the industry to drive a competitive path towards underwriting profitability that adapts to evolving risk dynamics,’ says global leader

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News

New commercial broker software platform set to be unveiled at Biba

2024-04-12T11:00:00+01:00By

’Our platform not only alleviates the administrative burden on brokers, but also improves the underwriting process,’ says chief commercial officer

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The continued rise of AI – Carpenters Group

2024-04-10T14:30:00+01:00By Kevin Perkins

Kevin Perkins, technical lead and operations manager at Carpenters Group, considers the impact of artificial intelligence on insurance fraud

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News Analysis

The double-edged sword of data science

2024-04-05T07:00:00+01:00By Trevor Hemsley

Although data science has been a huge help to the insurance industry, it brings its own risks too and insurers must ‘understand the risks rather than go in blindly’, according to data science lead

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News

Insurers still looking at data in ‘monolithic way’

2024-04-04T10:48:00+01:00By

’If you have data science in your business and start to get under the skin of that, you can make big changes to your underwriting result,’ says chief executive

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News

Cyber insurance is ‘inaccessible’ for SMEs

2024-03-28T09:00:00+00:00By

Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive

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News

​Lloyd’s Lab unveils America-focused cohort 12

2024-03-26T13:11:00+00:00By

’The lab’s recent success with region specific themes further validates the work of the lab,’ says senior manager

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News

Zurich platform update compliant with EU AI regulation

2024-03-25T09:00:00+00:00By

The insurer has approximately 800 external users on its platform

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News

High Five: Catch up on the biggest stories this week

2024-03-22T14:49:00+00:00By Insurance Times

Insurance Times rounds up the biggest stories from this week

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Insurtech 50 cover

In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.

This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.

Read the report