AI is reshaping insurance workflows across a wide range of roles, and many firms like insurtech Hyperexponential are betting heavily that customers will embrace the change
’This raise will enable the UK business to accelerate its growth and continue to invest in products and technology to support local drivers and platform partners,’ says chief executive
’[This] is a massive new product area for us,’ says chief product officer
‘Our continued success is directly linked to the ambition and innovation of our clients,’ says managing director
’His years of experience in HR and first-hand experience of working with scale-up businesses like ours make him the perfect choice,’ says chief executive
‘We want to disrupt traditional insurance products, as well as how customers view the role of the insurer,’ says head
The appetite for claims automation is strong, though views on implementation differ between business leaders and claims handlers
’Although Bitcoin may still feel unconventional to some, its characteristics as a finite, decentralised, high liquid asset with low correlation to traditional markets make it increasingly difficult to disregard,’ says head of corporate treasury
Research findings indicate that insurers have appetite to back propositions from insurtech MGAs – however there are still clearly defined hoops these businesses must jump through if they want to secure the perfect partnership
’If you have data science in your business and start to get under the skin of that, you can make big changes to your underwriting result,’ says chief executive
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
’Insurers and garages can play a vital role in helping customers understand the green options available,’ says managing director
In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.
This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.