Claims Technology – Page 83
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Co-op Insurance and IBM in heated £130m dispute over cancelled tech upgrade
IBM pulled out of the £55m contract to upgrade Co-op’s systems last year, following huge delays and a mountain of disputes, court documents show
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Guidewire joins forces with leading Silicon Valley insurtech accelerator
Insurance software company Guidewire will act as a mentor to the accelerator’s cohort of insurtech start-ups
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Marsh accused of trying to “squash” insurtech start-up over name dispute
Insurtech start-up founder says Marshmallow has had to pay thousands of pounds so far to protect its name against the global broker
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Exclusive: Half of consumers think using telematics will result in higher premiums
Consumers are still wary of emerging tech and sharing data with insurers, new research by Populus shows
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Interview: "More execution, less drama" - Canopy founder Tahir Farooqui talks DLG's investment and building a start-up
Renters’ deposit insurance startup Canopy recently gained a £1.2m investment from Direct Line Group. Insurance Times spoke to Canopy founder and chief executive, Tahir Farooqui
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IFED release video of cash for crash scheme in which four men were sentenced
Daud Khan, his brother and two other men were sentenced for two cash for crash schemes, IFED release the footage
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Cyber risk 'growing faster than mitigation efforts'
Cyber may outstrip natural catastrophes in losses, according to panel at WEF Global Risks Report 2018 launch
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Insurer raises £15m for UK motor launch
InsurePal, led by former Direct Line chief operating officer and Lloyd’s veteran, apparently completed the Crowdsale campaign in less than 2 minutes
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Revolut launches ‘£1 Pay-per-Day’ geolocation travel insurance
Revolut launches its geolocation travel insurance, which is available for £1 per day
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Barbican Insurance partners with FICO
Barbican partners with FICO to enhance cyber underwriting
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Amazon hits back over Lemonade claims it is trying to “poach” staff
Amazon denies claims by US insurance start-up Lemonade, which is an Amazon Web Services user, that it is trying to “poach” its staff
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AXA announces two new senior appointments
The appointments are in line with AXA’s wider ‘Ambition 2020’ plans
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Insurethebox bought out by Japanese parent
ANDIE buys out minorities as founder Brockman leaves to set up new telematics technology company
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CROs standing centre stage for cyber risk – Aon
More standalone cyber risk insurance covers are being bought as cyber becomes acknowledged as an ERM concern, reports our sister publication, StrategicRISK
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Markerstudy enters multi-year agreement with software specialists
Markerstudy will utilise Quotall’s cloud-based, e-trade platform system
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Amazon “trying to poach” Lemonade employees
Amazon reportedly eyeing up Lemonade staff, according to Lemonade founder Shai Wininger
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Telematics data shows fraudster 'hit car with a hammer to inflate claim'
The investigation, which used telematics data, thwarted a vehicle damage claim for almost £88,000
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Silent cyber added to Willis Re PRISM-Re tool
Willis Re’s cyber portfolio management tool, PRISM-Re adds silent cyber
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Andy Homer among Digital Fineprint backers in £2m funding round
Pentech and former AXA UK chief executive Andy Homer, who is also Towergate’s former group chief executive, are among Digital Fineprint’s latest backers in $2.7m raise
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900m nuisance calls made to insurance customers in 2017
900m calls and texts chasing a personal injury claim or insurance issue were made in 2017, according to Ofcom data commissioned by Aviva