Claims Technology – Page 123
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News
Underwriters 66% likely to be replaced by machines - study
Researchers say insurance 136th most likely to be automated out of 366 occupations
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US hedge fund increases stake in Quindell
Beach Point Capital Management now has a 5% stake in the troubled insurance outsourcer
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Disruptors could enter cyber market if insurers do not innovate - PwC
PwC says overly onerous terms and conditions could also invite regulatory action or litigation against insurers
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Paul Evans: Insurers’ data use will shape industry’s future
Big Data sounds like Big Brother’, so customer trust is key, says ABI chairman
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Quindell buys remaining stake in Canadian rehab firm
PT Healthcare owns just under 100 clinics plus an additional 150 treatment sites.
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ABI launches guide to reassure customers about use of data
Guide will show how information can also be used to improve products and services
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Driverless cars hijacked with mini-computer, laser pointer
Off the shelf electronics able to hoodwink driverless cars’ scanning systems
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Mukerjee begins role as Quindell chief executive
The company is looking to the future after a disastrous year
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Insurance sector ranked top for evading hackers
But more than half of insurance firms surveyed still admitted to losing data
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Agenda
Interview: Guidewire – The tiny start-up that conquered the world
Taking a Silicon Valley based start-up and turning it into one of the world’s leading software providers in just 10 years, Guidewire founder Marcus Ryu beat the odds to win over doubtful insurers
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CFC launches online advice hub for cyber products
The online hub offers breach response templates and discount security software
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Broker Network launches own-branded e-trade products on Acturis
First products provided by AXA and Allianz, with more to follow
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43% of consumers do not trust driverless cars - uSwitch
More than a third expect the introduction of driverless cars to drive up their insurance premiums
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One in six UK SMEs do not have insurance
Hiscox survey of 4,000 businesses found that only one-in-12 had any form of e-risks cover
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Octo launches driver improvement smartphone app
High scores on Octo U can lead to insurance discounts
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John Lewis insurance ad is an internet sensation
Ballet dancing girl highlights benefits of social media to insurers, brokers
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Innovation Group confirms £491m sale talks with Carlyle
Private equity firm wants to offer 40p a share for insurance software house
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SchemeServe launches new compliance functions
The software provider believes it can save brokers 10p per policy
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Analysis: Ashley Madison case sparks rise in cyber policies
Insurance brokers told Insurance Times’s sister title StrategicRISK that requests to quote for cyber policies have increased following the high-profile data breach