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Technology News
Real-time data and technology is key for staying on top of climate change risks
Declining postcodes is too generic when insuring flood risks says LexisNexis Risk Solutions
Laka details ‘future of insurance’ proposition post Covid-19
The insurtech has seen people that have not considered cycling previously look into insurance
Insurethebox communications technology has prevented more than 1,000 accidents
Insurethebox has estimated that its Speed Reduction Programme has helped prevent 1,060 accidents, avoiding 34 serious injuries over the past four years
Capsicum Re launches ransomware modelling solution
Flexible model enables both portfolio aggregation and attritional loss perspective through consideration of specific ransomware strains
By Miles raises £15m in Series B funding
Another insurtech has raised funding despite the uncertainty posed by the pandemic
Insurtech funding drops by more than half during first quarter
Covid-19 pressures seen as the primary reason for the drop
Cyber sector challenges present broker opportunities
Current challenges in the cyber insurance market present opportunities for brokers and therefore they have a critical role to play in its growth.
Working from home putting pressure on commercial property market
As businesses continue to work from home, some may look to cut overheads such as rent for vacant offices
Brit and Google partner on follow-only digital syndicate Ki
Physiotherapist struck off after fraudulent personal injury claim from 13-year old minor
Etrading results: Brokers must ‘make it explicit’ how they want to trade
EasyJet hit by major cyber attack affecting 9 million customers
Insurtech Urban Jungle secures new funding round despite Covid credit crunch
Industry duo propose Totus Re to address future pandemic risks
Zego expands van fleet insurance partnership with RSA
Bexhill UK seeking banking licence to better compete in market
Tokio Marine taps Tractable’s AI auto damage solution
Bought by Many unveils £78.4m growth equity investment bolstering further expansion plans
Direct Line subsidiary sues IBM for £36m over ‘serious and fundamental’ IT blunder
SJL Insurance warns of cyber-attack risks for home working sole traders and businesses
e-trading Q&A: NIG sees significant uptick in inbound calls and email traffic amid Covid-19
Blog: Adaption, when it’s necessary, it happens – 360Globalnet
More consumers want to purchase insurance in light of Covid-19 pandemic says consultancy
Allianz launches new claims hub for brokers
How The Temporary Kitchen Company Is Driving Down Alternative Accommodation Costs
Technology Analysis
The Briefing - Insurtech – Surviving Covid-19, government schemes for insurtechs ‘not all it’s cracked up to be’
The government has been instrumental in supporting businesses during the Covid-19 pandemic, however many insurtechs have found that these schemes incur pitfalls and strict eligibility criteria that does not work in their favour
The Briefing - Insurtech: How can insurtechs support insurers and brokers throughout the Covid-19 pandemic?
As insurers and brokers remain working from home in light of the coronavirus crisis, insurtechs could be key in supporting and improving digital ways of working
‘Our relationship with insurers is very strong’ says Copart UK boss
Insurers initially turned to salvage as a solution when body shops and repairers struggled to secure parts amid Covid-19 pandemic
Hasty migration could increase corporate cyber risk exposure
With another high-profile cyber attack case during lockdown, a new challenge has been created for brokers
