All Suppliers articles – Page 123
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News
House of Insurtech secures £400k seed round funding
The insurance software market has been estimated to be worth $7bn a year
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News
77% of motor insurers need to evolve policies to reflect driving behaviour – By Bits
Around 90% of drivers aged 35 and above want more transparency in pricing for motor insurance
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News
Soaring insurtech investment to impact actuary work and job opportunities – IFoA
The Institute and Faculty of Actuaries says insurtech market entrants are targeting areas where established players are not delivering on price
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Features
In Focus: How will insurers take the BI test case ruling forward post-pandemic?
Industry experts debate how insurers might apply the FCA’s business interruption (BI) test case ruling in a post-pandemic era, as July marks one year since the High Court’s virtual hearing
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News
Brits believe insurance sector didn't offer enough pandemic support – Guidewire
Guidewire’s MD for EMEA says insurers have experienced a ‘rough journey’ during the pandemic, however ’the opportunities to remedy indifference, even negativity among customers, are very achievable’
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News
Insurtech Urban Jungle launches building and contents insurance for younger homeowners
The product aims to fill a gap in the market as young customers are ‘ignored by the big insurers’, says insurtech
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IT Interview
Mark Pierce: HNW sector experiencing claims cost uptick due to ‘sharp increase in building costs’
However, the sector is already returning to in-person visits so clients can access ‘the hands-on, professional approach and experience of an adjuster’
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News
UK tech sector reaches 100th unicorn milestone following Tractable valuation
The UK now has more tech unicorns than Germany, France and the Netherlands combined - MP Oliver Dowden says this ’cements the UK as one of the world’s top tech hubs’
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News
Davies Group inks deal to buy property claims firm to expand North American reach
The firm will bring a ’wealth of knowledge’ to Davies according to group chief executive
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Features
In Focus: Broker litigation ‘inevitable’ one year on from FCA’s BI test case
Brokers are ’still squeaky about whether they advised their customers correctly about the products they were buying’
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News
Tractable becomes UK’s first computer vision unicorn amid $50m investment
The insurtech’s revenue has grown 600% in the past 24 months
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News
Flock partners with Asia’s largest insurer to reinvent commercial fleet insurance
The insurtech’s chief executive says insurers of the future ‘won’t simply pay claims’, they will actively reduce risk
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News
SSP names new chief executive
The new recruit has 15 years of experience in the insurance industry and has previously worked at A-Plan and Comparethemarket
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IT Interview
Mark Colonnese: An ‘underserved’ pet insurance market leaves insurers ‘plenty of room for growth’
Investing in the latest technology will be a ‘real game changer’ for both businesses and customers
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News
Regulator CLC launches call for evidence on the operation of its Participating Insurers Agreement
The evidence will help shape a formal consultation later this year for potential improvements in professional indemnity insurance arrangements
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IT Interview
Russell Corbould-Warren: The ex-Uber boss reinventing insurance for independent workers
The former Uber boss, who joined Collective Benefits earlier this year, tells Insurance Times his plans for tackling the growing protection gap created by the emergence of the gig economy
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News
Peach Pi and insurtech join forces for bespoke freelancer and micro SME cover
The insurtech approached Peach Pi about the solution as the niche insurer has a ’real understanding’ of the health and wellbeing sector
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News
Nuvalaw launches to UK market following successful pilot programmes
The claims resolution business is ready to ‘fill the void of the lack of ADR’ in the Official Injury Claim portal
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News
Construction and manufacturing sectors among top users of credit to cover insurance costs – Premium Credit
The firm’s chief sales and marketing officer says commercial insurance prices have been ’rising dramatically’
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IT Interview
Jeffrey Skelton: Industry could be entering ‘renaissance period’ for new insurance products
Plus, the FCA’s general insurance pricing reform has encouraged brokers to use data enrichment at renewal to ensure prices are ‘accurate’ says Europe MD