Insurtech – Page 4
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IT Awards 2024
Insurance Times Awards 2024: Recorder brings ‘fresh perspective and approach’ with software offerings
Matt Hicks, chief executive at Recorder, discusses the new firm’s entry for the Excellence in Technology – Technology Service Provider award
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News Analysis
Briefing: Data reform bill treads privacy fine line, but insurer opportunities ahead
New data access bill has the power to ’drive efficiency and economic benefits’, says head of analytics, claims and underwriting
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News
Guidewire to update platform to help firms streamline claims management
’Guidewire’s AI powered applications will help insurers improve risk selection and pricing,’ says chief executive
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News Analysis
Greater software house collaboration could reap benefits for commercial lines eTrading
Commentators agree that software house cooperation on commercial lines digital trading is only happening in ‘pockets’, yet this teamwork could ‘provide the broking community with the tools they need to deliver an efficient but high level of service to customers’
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News
Venture capital funding for insurtechs projected to hit $4.2bn by end of 2024
There is ’a positive rebound’ for VC-backed insurtechs, with ’series B funding picking up’, says chief executive
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Sponsored Content
How brokers can get the most from generative AI – Open GI
Generative artificial intelligence (AI) has been an industry hot topic since ChatGPT was born in 2022, but how can brokers harness the technology to grow their businesses? Peter Hunter, head of research and development at Open GI, shares his top tips
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News
Backchat: November 2024
A mummified cat, a third birthday, a golden retriever and a new video series on reinvention. What has the insurance industry been up to of late? You heard it here first…
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News
Optalitix inks new partnership to help underwriters
’Having worked in insurance pricing for over 30 years, I realise the importance of underwriting for the industry,’ says co-founder
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News
Quantee inks long-term deal to help insurer with pet pricing
’There is a responsibility and regulatory requirement from insurers to provide fair pricing to the consumer and to be transparent,’ says director
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News
AI focused firms secured majority of insurtech funding in Q3 2024 – Gallagher Re
The quarter has seen a ’shift towards a more even distribution of capital, reflecting a maturing and stabilising industry,’ says global head of insurtech
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IT Awards 2024
Insurance Times Awards 2024: Homeprotect streamlines claims process, benefits from resulting cost savings
David Joyson, chief customer officer at Homeprotect, talks about the firm’s entry for the Excellence in Claims Technology – Insurer award
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News
Axa UK inks deal to boost female representation in data and technology roles
’This collaboration means we can create more opportunities for women in data roles,’ says head
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News Analysis
TechTalk: Market conditions keep insurtech investors cautious – but ‘green shoots’ may be ahead
’There’s a need for more action to be taken to encourage investment in technology and insurtech markets,’ says co-chair
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News
Earnix inks deal to help insurance firms deliver more personalised products
’Earnix recognises the potential for growth and innovation in the UK insurance market,’ says head of business development
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News
Insurance industry ‘right on the cusp’ of using AI for improved underwriting judgement
’A drive in productivity and improved judgement just allows us to insure more,’ says chief executive
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News
MGA hires former Wakam head as chief underwriting officer
’He is a great fit to drive our underwriting strategy forward as we continue to build new products, pursue acquisitions and expand the team,’ says chief executive
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IT Awards 2024
Insurance Times Awards 2024: Clearspeed’s partnership with Allianz Personal and Allied Universal ‘showcases a pioneering approach’
Manjit Rana, executive vice president at Clearspeed, talks about the company’s partnership with Allianz Personal and Allied Universal and why it merits the Claims Partner of the Year award
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News
MGA secures QBE seed funding for ‘algorithmic trading proposition’
Both firms believe algorithmic trading presents opportunities for growth in the future of insurance
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News
‘Travel insurance market is buoyant’ following Crowdstrike incident – Blink Parametric
’Around 30,000 flights are delayed globally every day and that number more than doubled on 19 July 2024, when CrowdStrike’s security upgrade triggered a global IT meltdown,’ says chief executive
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IT Interview
Amrit Santhirasenan: Hyperexponential growing organically amid AI revolution
’Technology has had massive leverage on different parts of society, but insurance is an area where it is still relatively early in modernisation compared to other sectors,’ says chief executive