Claims – Page 123
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NewsTractable raises $25m with view to expand AI proposition worldwide
This brings the insurtechs funding total to $55m
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NewsInsurtech Aventus secures £2.6m investment round
The seven-month old business plans to expand its people development
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NewsArron Banks reportedly among 1,600 hit by FCA data breach
The results of a freedom of information request was exposed
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NewsMGAs in line for Lloyd’s syndicate-in-a-box bids
Higher than expected number of bids to launch syndicates, Lloyd’s chief said
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NewsDirect Line axing 800 jobs amid digital transformation drive
The main losses will be from its Ipswich office which is closing in 2022
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NewsZego triples staff headcount in 12 months amid recruitment drive
It hopes to double its staff number again this year, it follows Nick Pester joining the insurtech
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NewsTwo-fifths would switch to telematics-based motor policy to save 30% on premiums
Data company reveals that uptake of telematics could flourish if premium discounts are evidenced
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NewsCompare the Market owner leads funding round for insurtech Digital Risks
The funding has been raised to develop the insurtech’s technology and drive its expansion
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FeaturesReal-time data set to inform menuisation-based products, but can this deliver premium savings?
The use of real-time data and the potential menuisation of insurance premiums is on the horizon, however is this an industry asset or a gimmick?
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NewsNIG to provide capacity for McNamee’s digital MGA C-Quence
It hopes to make it easier for brokers to deliver sophisticated commercial insurance quickly and at lower costs
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NewsInsurance data sharing exposes ‘fundamental tension’ in customer expectation
Customers want fairer pricing, yet are reluctant to share their pwersonal data to acheieve this, study found
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NewsEvolving risks for UK schools present key broker opportunities - Ecclesiastical
Cyber remains a key concern
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News AnalysisGreen issues forced onto insurance agenda
This is the year where the insurance industry can no longer ignore green issues
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NewsTokio Marine Kiln launches enhances cyber insurance with $25m limit
The insurer says the cover aims to bridge the gap between typical property damage and cyber insurance policies
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NewsSalvage firm recovers 3,000 vehicles in one day as storms batter UK
Copart UK says the stat ‘demonstrates the sheer scale and impact’ of recent flooding
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NewsAct now to reduce coronavirus impact, Marsh warns firms
Advice comes admid fears that the outbreak will soon be declared a pandemic
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IT InterviewAllianz: commercial property market has been ‘too cheap for too long’
The insurer’s chief executive explains how rate increases are flagging behind jumped-up claims inflation
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NewsAllianz’s operating profit nosedives by 35%
The insurer states that fire, theft and escape of water losses have detrimentally affected its commercial property business
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NewsGallagher teams up with CPP for SME cyber offering
The partnership gives CPP a “strong footprint” in the UK broker market
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Features‘Incomprehensible’ policy wordings come under Biba scrutiny
The use of plain English should trump legalese and jargon where possible, but is this a viable option in the heavily regulated insurance sector?
