Claims Technology – Page 109
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News
Swiss Re insurance arm launches UK-specific cyber cover
Swiss Re’s insurance unit Swiss Re Corporate Solutions has launched a primary cyber risk protection product specifically for the UK market. The new product, called CyberSolutions UK, combines insurance with risk mitigation and remediation services and is aimed at mid-sized and large companies. Swiss Re Corporate ...
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Agenda
Innovation blog: Insurance needs to win the Internet of Things War
Pegasystems European Insurance director Tony Tarquini on how the insurance industry must change its mindset or find itself relegated to the fringes by the innovators and disrupters
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Expert View: Innovation – consider the third approach
Innovation Group marketing director Stacey O’Connor on evolving the insurer business model
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Expert View: Adopting a new mindset for change and innovation
SSP Chief Technology Officer Kevin Gaut says that adopting a different way of thinking will give insurers a foundation for change and innovation
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Innovation blog: The win-win approach to insurance innovation
In their drive to improve customer and user engagement, insurers can profit from the insights of perceptive start-ups who understand their pain, says Startupbootcamp managing director Sabine VanderLinden
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Agenda
Innovation blog: Insurtech trends are reshaping insurance
Chris Finney, partner at law firm Cooley (UK), on how peer-to-peer and crowd-sourced insurance are already making inroads into the industry
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Neos chief exec: 'Insurance suffers from being conservative'
Neos chief executive Matt Poll, who left MoreThan after 15 years to create a home insurance start-up, explains the potential dangers for insurance companies of not engaging with their customers properly, and why they must be more agile with new ideas.
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Unimpressed consumers reject 'connected home' transition
Most consumers are unwilling to buy smart home technologies and lack interest in the ‘Internet of Things’, a new survey has found. PricewaterhouseCoopers (PwC) found that 72% of people surveyed were reluctant to adopt smart home technologies such as smart heating systems, renewable energy devices and ...
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Features
Insurers looking to be van man’s best friend
With the price of van insurance soaring nearly 10% in the past year, some insurers see an opportunity for telematics and cross-selling in this neglected market
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Roads minister: Driverless car threat 'pie in the sky'
The idea of driverless cars making motor insurance unnecessary is “a lot of pie in the sky”, according to roads minister Andrew Jones. But he added that the advent of the driverless car would mean changes in the insurance industry. Speaking in Milton Keynes, where he ...
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News
Ex-Quindell unit Hubio teams up with Indian carmaker Mahindra
Hubio, the usage based insurance technology company owned by Watchstone Group – formerly Quindell – has teamed up with Indian carmaker Mahindra to offer telematics-based insurance services. Coinciding with the UK launch of Mahindra’s new e2o all-electric urban runabout (pictured) in the UK, the Indian company’s ...
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Agenda
Simply Business hackathon creates ‘Tinder for insurance’
Simply Business has created an app that allows commercial insurance customers to swipe through a short question set to generate an indicative quote. The product, internally named Swipe Me, is only at an early conceptual stage, but is already basing its user experience on the Tinder ...
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News
ABI calls for compulsory cyber attack database
The ABI has called on the government to create a database where companies would be obliged to record details of cyber attacks. The database would help overcome the lack of hard data on cyber attacks that is making it hard for insurers to provide appropriate cover, ...
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News
Zurich: Cyber-crime is SMEs’ biggest threat
Cyber-crime is small companies’ biggest worry, according to insurer Zurich’s latest SME Risk Index. The survey of more than 1,000 UK small and medium-sized businesses found that 42% of respondents consider the vulnerability of their technology to be the single largest concern to the success of ...
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Agenda
Carrot and Trak Global in telematics deal with Volkswagen
Volkswagen Financial Services (VWFS) has teamed up with telematics broker Carrot and its sister technology firm Trak Global on a new offering for young drivers. Under the deal, VWFS will offer a year’s free telematics-based insurance to 18-to-24-year-old drivers that buy a Volkswagen Polo from a ...
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Ingenin and Imaginatik join forces to boost insurance innovation
Imaginatik and Ingenin have formed a global partnership to provide innovation solutions for the insurance industry. Ingenin is an innovation consultancy focused on the insurance industry, which was launched by two co-founders of the AXA Insurance Innovation Hub. Imaginatik has 20-years’ experience of developing sustainable innovation ...
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News
How ex-Towergate pricing boss Muzio aims to disrupt insurance
Michael Muzio has a grin on his face between sips of coffee. He’s finally succeeded in jumping through the regulatory hoops, meaning his new business is up and running. Chatting casually in a London cafe, Muzio is now ready to talk about it with Insurance Times. He ...
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News
Rural rebrands in plot to be ‘challenger’ in agricultural insurance market
Managing general agency (MGA) Rural Insurance has rebranded its logo as it sets out plans to be a challenger business within the agricultural insurance market. Chief executive Ian Barclay said the UK’s rural economy was a major contributor to the UK economy - valued at £211bn ...
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News
Queen's Speech: Bill to ensure cover for driverless cars
The government is to promote the development of autonomous cars and will make sure insurance companies provide cover for them, it was announced at the state opening of Parliament. In her speech outlining government policy for the coming year, the Queen said the government wanted to ...