Internet of Things – Page 136
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MMA goes full-cycle with household products
Insurer takes the lead in offering full cycle EDI household schemes via insurecom
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Biba announces link up with Imarket
Biba uses Imarket to offer full range of member schemes
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C-Zone
Engines of change
Harlosh has a specialist approach to insurance administration using browser-driven functions that it claims has a significant cost benefit. Andrew Holt reports
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Reports
Facing the technological future
Insurance Times together with our partners, SSP and IBM, held a round table discussion on the challenges facing the insurance industry on the technology front. A panel of experts gave their views
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Comments/Letters
An electronic storm looms
Anthony Hilton says Lloyd's market reform is finally underway, despite its detractors dragging their feet
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MCE launches motor insurance website
Broker, MCE, has launched a new fully interactive e-commerce site for private car and motorcycle insurance...
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InsureYourMotor Switches to Open GI
Internet-based motor broker, InsureYourMotor, has switched quote engine supplier from CDL to Open GI...
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Technology duo to launch messaging hub
Xchanging and Advisen are set to jointly launch an ACORD messaging hub to all brokers and insurers in the London Market...
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Xbroker changes broker quote system
Xbroker, from Moorhouse Group, plans to add retail to its product portfolio and reengineer the system to better suit brokers' needs. The new retail product, which will be rolled out by the end of the month, will be underwritten by NIG and Zurich. Additionally the Xbroker system now includes the ...
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Imarket transactions rocket
Imarket transactions have rocketed by 44% in just a month as new insurers join and an increasing number of products populate the electronic trading portal, the company behind the system has claimed.Transactions have risen from 30,000 in February to 43,000 for March, signalling Imarket's increasing popularity among brokers, according to ...
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Insurers must invest in fraud detection technology
Aron Thompson, head of insurance at uSwitch.com, has urged insurers to invest heavily in new technology to investigate fraud effectively...
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News
DRI data recovery launch
The DRI Group has launched an insurance-backed data recovery package for desktop computer and laptop users with two further products out before the summer.The company claims the product, underwritten by AXA, is the first of its kind. DRI Group said it was aimed at the commercial and personal lines markets. ...
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Investors to pump £5m into RI3K
Consortium acquires 56% shareholding in trading platform for £8.3m
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Sirius buy will make SSP No 1
SSP is to acquire Sirius in a deal that will create a software house bigger than market leader Open GI.The combined enlarged group will have a turnover of roughly £64m, of which around 11% would be overseas business. This compares to Open GI's £33.5m turnover.The Aim listed companies will trade ...
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SSP acquires Sirius
SSP and Sirius have agreed to an acquisition deal valuing Sirius at approximately £43.4m.In the UK, the business will have a presence in the areas of general insurance relating to regional brokers, call centres, small intermediaries, major brokers, underwriting agencies and insurance companies, as well as establish a presence in ...