Claims Technology – Page 105
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NewsRipe for disruption: is excess waiver cover one of the most over-priced products in insurance?
New investigation reveals high charges for excess waiver insurance
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NewsRSA to launch digital front-end for motor as it tackles 109.7% COR
Insurer will also apply technology to new Nationwide business
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NewsAnalysis: Probing FCA's Project Innovate
The FCA launched Project Innovate to help new technology and new products navigate the byways of regulation. We look at how it works, how effective it is and what’s new. What is it? Project Innovate was launched in November 2014 to foster competition and growth in ...
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NewsBack Me Up insurance product aims to court millennials
Ageas outlines Back Me Up insurance cover
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NewsZurich teams up with smart tech company
Zurich hopes the partnership will bring smart tech into British homes
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NewsInnovation blog: Insuring the future - can we put a price on smart technology?
New smart technology will soon be a part of everyday life, says Experian director of insurance Martyn Matthews. But how will the insurance industry keep up?
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NewsInnovation blog: The future of insurance might just come from ... within the industry
The insurance industry has previously not been keen to innovate but has now woken up, says Konsileo co-founder John Warburton
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NewsIndustry must ‘look past the hype’ of blockchain
PwC UK insurance leader Jonathan Howe says technology will not be the best solution for all insurance processes
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NewsWunelli selects Vodafone for telematics devices
Telematics provider Wunelli has chosen connected car services provider Vodafone Automotive as a supplier of hardware telematics devices and data. Wunelli’s products allow insurers and brokers to offer telematics-based motor insurance to customers. Vodafone will help Wunelli provide insurers with a greater choice of data collection ...
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NewsCyber startup launches ransomware protection guarantee
Cybersecurity startup SentinelOne has launched a new protection guarantee that pays up to $1m (£760.840) if SentinelOne’s software fails to detect a ransomware cyber-attack on a company’s system. The software, which learns the user’s behaviour on devices such as mobiles and computers, will alert the user ...
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NewsInnovation blog: InsTech 2016 - when the rubber hit the road?
It’s difficult to say what the future holds for InsTech. But insurers must get involved in order to keep up, says COO of Charles Taylor Managing Agency, Paolo Cuomo
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NewsAviva defends quoting teenager £11,500 for telematics policy
Aviva has defended giving a 19-year-old driver a telematics based car insurance quote of £11,500 a year. Naomi Bowler who has only been driving since December told the Daily Mail that the quote was almost six times as much as what she paid for her car. ...
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NewsHiscox UK and Europe profits up 42.4%, appetite for larger risks grows
Lloyd’s insurer Hiscox’s UK and Europe division made a profit before tax of £65.2m in the first half of 2016, up 42.4% on the £45.8m in the same period last year. The division’s combine ratio improved by 6.9 percentage points to 79.9% (2015: 86.8%). Gross premium ...
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NewsZurich’s Tim Holliday joins Trak Global board
Former Zurich UK general insurance personal lines managing director Tim Holliday has joined the board of telematics technology firm Trak Global as a non-executive director. Holliday, who left Zurich last year, will work with Trak Global chief executive Nick Corrie to develop the company’s insurer proposition. ...
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NewsExpert view: Technology - Make the change, bite the bullet
Michael Lawrence, personal lines director LV= broker, looks at using technology for growth.
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NewsUse of big data risks making some people uninsurable - CII
The increasingly sophisticated use of data could create an “underclass” of people who cannot afford insurance, a report from the Chartered Institute of Insurance (CII) has warned. And as a result consumers could miss out on some types of cover altogether if insurers deemed them too ...
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NewsPen Underwriting creates cyber lead role as it plots to expand offering
Pen Underwriting has appointed Adrian Scott to the newly created role of head of cyber liability. In his new role Scott will be responsible for developing Pen Underwriting’s capabilities in cyber risk management and insurance. He joins Pen from Ridge Global, a cybersecurity firm founded and ...
