Technology News
Insurers must ‘do more’ to support UK motorists to drive 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
Artificial intelligence will need regulatory governance for use in insurance processes
Panellists at an Insurance Times webinar highlighted that although artificial intelligence and machine learning will increase within the insurance sector, there will need to be governance introduced around it to ensure ‘the machines know what they’re doing’
Claims Excellence Awards Finalist 2020 Q&A: Digi2L’s claims portal redefines process
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October and further details will be announced shortly
Digital momentum here to stay post lockdown
Move to digital seen a gradual process rather than a rush
The legacy of Covid-19 will be the end of legacy – how a global pandemic is accelerating the adoption of cloud platforms
Industry experts discuss the change in business approaches as insurers decide whether Covid-19 reactions are a ‘one-time thing’ or have ‘fundamentally changed the fabric of the business’
‘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
Insurtech 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.
Covid-19 driving demand for bicycle insurance in cities
As bicycle sales rise, insurers have a key opportunity to increase the uptake of this kind of cover in the UK
Zego partners with e-scooter firm to insure Teeside trial roll-out
Covid has showed up real issues with insurance firms’ tech platforms - SSP
MGAs have to add value otherwise they do not ‘have an existence’
Blog: When there are no winners, is there still a winning strategy? – Paul Stanley 360Globalnet
Flock selected as software firm’s connected insurance partner
Insurtech honcho partners with employee benefits provider
Brit’s syndicate Ki taps former Marsh JLT Specialty veteran as new managing director
WPS launches ‘telematics for cyber insurance’
Ecclesiastical urges brokers to advise clients on smartphone cyber risks
More to do for insurance industry analytics with changing risk landscape – Guidewire
Analytics should focus on closing the insurance protection gap – Guidewire
Technology Champion of the Year 2020 – who gets your vote?
Insurtech Coverly to close
New aggregator app aims to cut broker admin costs
Brolly to ‘end all contents policies’ after sale to Direct Line
Claims Excellence Awards Finalist 2020 Q&A: DWF Law cuts costs using telematics data in claims courts
Sam White reveals objectives for new MGA Stella Insurance
Technology Analysis
Q&A: Brokers armed with perils data can better identify policyholders at risk of flooding says LexisNexis Risk Solutions
Despite the prominence of the Covid-19 pandemic, Jonathan Guard, commercial insurance director at LexisNexis Risk Solutions, tells Insurance Times that flood risks should not be ignored and that better using perils data can benefit brokers. Savan Shah gets the details
How 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
Lemonade’s IPO – what does it mean for the insurance industry?
Insurtech Lemonade’s shares doubled in value on its first day of trading on 2 July, surging from $29 to $69.41; this followed the firm filing for an Initial Public Offering (IPO) back in June.
DLG meets ‘digital savvy’ customer demand with accelerated self-serve model in response to Covid-19
The insurer’s managing director of claims explains how the Covid-19 pandemic has changed customer behaviour and expectations, making digital communications more ‘prominent’
