Claims Technology – Page 74
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News
IGI turns to insurtech for new senior appointment
James Green joins IGI from Novae, an insurtech disruptor acquired by insurer Axis Capital last year for £468m
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University friends sentenced for ghost broking scam
The three former Westminster University students targeted minicab drivers
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Risk management as a service – a threat to insurers
Underwriters may find they are judged by their AI algorithms in future, cloud tech firm Pegasystems has warned
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Technology – making insurers future proof
Technological developments are transforming the risk landscape, introducing new and complex risks and intensifying traditional threats. The best insurers are developing new and innovative solutions to stay ahead of the game. Matt Reeves, UK business development manager at AXA Corporate Solutions, tells us more
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Brightside, Be Wiser and Bedford back CDL anti-fraud syndicate
Brokers are backing the new syndicate primarily aimed at tackling quote manipulation
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FloodFlash raises £1.9m funding before nationwide launch
The London-based insurtech has secured funding to back its bid to ‘close the protection gap’
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Primary Group and Arch back new MGA of ex-AIG boss McNamee
The insurtech MGA founded by ex-AIG UK chief executive Jacqueline McNamee will be called C-Quence
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ThingCo addresses FNOL to give motorists 'more power' over claims
ThingCo wants to give motorists more power over their cover and claims experience, so it has brought in Industry Insights
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Young drivers trigger 70% of more serious crashes
New insurethebox data reveals who would most likely benefit from new EU eCall law
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IT Interview
Insurance 2025: AI in claims, with Claim Technology CEO, Michael Lewis
Ahead of his presentation at Insurance 2025, Michael Lewis outlines the company’s strategy, what to expect during his talk, and how Claim Technology plans on turning everything upside down
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Blockchain: the next big game changer in insurance
Use of technology could generate $200bn more margin and help improve combined operating ratios. Companies that fail to take advantage of blockchain could fall by the wayside
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Tokio Marine backs superfast claims motor disruptor
Metromile is the talk of the US - and it’s got big plans to provide the quickest and slickest claims experience
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Autonomous and Electric Vehicle Bill comes into law
Biba and AXA react to the news the Bill has been given Royal Assent and is now made into law
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GDPR is set to be the next claims cash-cow
Recent Dixons Carphone data breach could open the floodgates to a new wave of PPI-style cold calling. Customers will be able to lodge a claim even if they have not suffered a financial loss
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News
LexisNexis launches pre-fill platform to speed up home applications
LexisNexis Home Prefill addresses a thorn in the home business’ side as it speeds up the underwriting process
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Online only
AXA-backed motor insurance disruptor launches
New disruptor will target those who motor less than 7,000 miles
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Partner up or get left behind – the Amazon threat
Amazon is eying entry into home and motor; insurer share prices are rocked on reports
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Interview: Zego boss on pay-as-you-go insurance for gig economy millennials
Zego founder Harry Franks speaks to Insurance Times about meeting the needs of the growing number of gig economy workers with pay-as-you-go cover
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Aviva's price competition could drive down software houses charges - Bayles
Phil Bayles speaks to Insurance Times about how the cheaper personal lines products will help brokers compete with the direct market
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Gig economy start-up launches pay-as-you-go public liability cover
Zego will offer public liability insurance to freelancers for only the hours they work