All Insurtech UK articles – Page 10
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NewsZego partners with European e-scooter operator
As the UK government continues its trial of e-scooters, Zego has a new European partner whose focus is e-scooter safety
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IT InterviewMotor Insurers’ Bureau sees Covid-19 accelerate its culture programme
The MIB has been overhauling its culture change programme since 2018, however lockdown hit as it was due to release its new values forcing the firm to take a more creative approach with staff working remotely
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NewsZurich partners with By Miles on five-year usage-based insurance proposition
The insurer has entered a five-year agreement for a usage-based insurance model with By Miles after observing a shift in consumers driving patterns during the pandemic and as lockdown unwinds
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NewsInsurtech deals drop by 80% globally but Lloyd’s Lab still innovating
With the pandemic proving challenging for insurtechs, Global Data reveals a significant drop in insurtech deals worldwide but points out that Lloyd’s Lab fifth cohort gives hope to the industry
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IT InterviewRe-educating brokers: parametric insurance as a solution for BI
FloodFlash’s co-founder Adam Rimmer tells Insurance Times why re-educating brokers is a challenge if the parametric model is going to be applied to business interruption insurance, but nonetheless it is a positive move. The insurtech is a finalist in both the Claims Excellence Awards and the Technology & Innovation Awards ...
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NewsInsurtech MGA Equipsme oversubscribed in crowdfunding during pandemic
The insurtech decided to crowdfund as it wanted control over its own destiny during the pandemic, and it has been oversubscribed in its crowdfunding and seen a surge in customers since March
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IT InterviewInsurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer
Although many organisations had a form of business interruption insurance within their commercial cover prior to the Covid-19 pandemic, FloodFlash co-founder Adam Rimmer tells Insurance Times how a parametric insurance model would have been the better option for this type of insurance, as ’there’s no small print for the insurer ...
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News AnalysisBack to office transitions bring new risks and lessons to the insurance industry
Next month marks the return to offices for most staff in the insurance industry, but as the UK unwinds from lockdown, what risks should brokers be aware of in a post-pandemic world and will office life ever look the same again? Insurance Times investigates
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NewsThingCo aims to expand globally after tapping telematics veteran Martin Williams as new COO
With the telematics market making a comeback due to people’s driving behaviour changing over the course of the UK’s lockdown, Martin Williams ThingCo’s new board director and chief operating officer tells Insurance Times why it is the perfect time to roll-out Theo as the insurtech aims to go global
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NewsPet insurance market profits as pandemic lockdown sees more new pet owners
The UK lockdown has caused an increase in new pet owners and subsequently a surge in new pet insurance policies being purchased due to the ongoing uncertainty of the pandemic
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NewsLloyd’s Lab chooses ten insurtechs for fifth cohort specialising in Covid-19
It is only the second virtual Lloyd’s Lab to be run and this time the ten selected insurtechs will focus on pandemic solutions
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NewsCar insurance claims for injured cyclists and pedestrians has doubled during lockdown
Insurer More Th>n suggests the number of cyclists and pedestrians has increased as Brits look to avoid public transport during the Covid-19 pandemic
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NewsTrack My Risks chief exec urges insurers to commit to building safety amid soaring high-rise premiums
With the draft Building Safety Bill 2020 underway, the chief executive of not-for-profit firm the Building Safety Register is seeking to evolve into its own organisation during this very challenging time that leaseholders are facing
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FeaturesInsurtech Digital Risks reveals SME plans after rebranding as Superscript
As the SME landscape has shifted due to the Covid19 pandemic, Superscript formerly known as Digital Risks has rebranded to serve the needs of these businesses more closely, here the insurtech reveals its plans to Insurance Times
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NewsDirect Line exploring inorganic growth via partnerships and acquisitions
The insurer’s H1 results for 2020 were better than expected as it reinstated its dividends, and now it plans to expand its reach through partnerships and acquisitions
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NewsFSCS exceeds 2022 board representation target
The FSCS also has 40% of employees that come from ethnically diverse backgrounds in addition to exceeding its gender target
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NewsInsurers must ‘do more’ to support UK motorists driving less post-lockdown
Cheaper car insurance premiums ranked top in By Miles’s research as a way that insurers can support policyholders who are driving less - this helps continue the low carbon emissions seen during lockdown
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NewsHow parametric insurance could serve SMEs in a post-pandemic world
Parametric insurance could help avoid a re-run of the Covid-19 business interruption saga, as the pandemic exposes real holes in the insurance market
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News‘It’s not the size of your cloud that matters, it’s what you do with it’ – SSP
The cloud has been critical to saving the insurance industry time and money, but it is less about size and instead depends on how firms use it. An expert panel discuss its use and overall impact during an Insurance Times webinar
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NewsInsurtech Digital Risks to rebrand as Superscript amid global ambition
Insurtech Digital Risks will be rebranding as Superscript as it guns to become the global leader in SME insurance.
