Innovation & Disruption

Founders Cytora - Richard Hartley (left) Aeneas Wiener (right)

AI firm Cytora secures £25m funding

The firm’s software is already in use by QBE, AXA, MS Amlin and Starr

I stock flooded room

Biba adopts insurtech to tackle escape of water claims

In January Biba made a commitment to help its members make use of developments in insurtech

I stock 675079800 google

Applied beds in its Google tech

The firm is also using its relationship with Google for expertise in search and digital marketing

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Innovation & Disruption Analysis

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Open insurance – the new concept that could better manage data

Insurers accrue large amounts of data and are always looking at cheaper ways to sort and store it such as blockchain, but sharing data could turn traditional methods on its head for the industry as well as presenting opportunities for collaboration

lemonade by numbers 2

Lemonade's mounting losses - what is really going on?

Lemonade has posted an underwriting loss in Q1 2018, following a $15.8m underwriting loss for 2017. What does this mean for the start-up?

Honcho Frank Speight

Honcho: the insurtech gunning for the aggregators

Aggregators were the ’original disruptors’, but a new platform contends it is ready to take over the market and ’smash’ premiums

Tony tarquini pegasystems

Inertia is “going to kill” industry players – Pegasystems director

Insurers and brokers must invest in IT and agility if they are to face up to emerging threats, says Pegasystems’ Tony Tarquini

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Innovation & Disruption Blogs

end of the road for motor insurance

Briefing: The end of the road for motor insurers?

Premium content: Is this the end of the road for motor insurers? Four fifths of the current UK motor market will disappear by 2040. Where will it go?

parul green axa uk

Innovation Blog: It's time to rethink who we are

The industry must act now to avoid another Kodak moment, says Parul Green, head of M&A and innovation for AXA UK

Google boss

Former Google boss on insurtech: The UK can lead

Dan Cobley, fintech investor and former Google boss, says bosses must expect disruption – or find themselves another job

Sam Evans Eos Venture Partners

Innovation Blog: The peak of inflated expectations?

The hype cycle is masking the true ‘enabling’ potential of insurtech, says Sam Evans, founder of Eos Venture Partners

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