‘Historically, insurance has been a conservative, risk-averse industry. Maybe there’s a bit of an ‘if it ain’t broke, don’t fix it’ mentality. But I do see that shifting,’ says chief customer officer
Cyber security is a notoriously complex topic, with insurers grappling online threats that seem to change by the day, but does the key to effective and proactive cover actually lie in simplifying things for policyholders?
One AI-powered MGA with hedge fund experience has created a model that allows it to accurately underwrite price protection insurance for raw materials
Following in the footsteps of machine learning implementations, operationalising artificial intelligence successfully will be the differentiating factor for firms in UKGI, says chief product officer
’Our mission is to help insurers make more informed decisions on fraud faster which we do by offering reasoning behind why a document presents a risk of fraud to guide their investigation,’ says founder
’It is important to pat ourselves on the back for the massive progress market firms have made in recent years and the true innovation that is bubbling away in every corner of UKGI,’ says Insurance Times editor
Sponsored content: Craig Mounser, practice leader for medical technology and life sciences at Travelers Europe, explains how businesses can benefit from AI opportunities while managing risks
‘We think about it as our engine, something that will grow faster and smarter, and be much more impactful,’ says product manager
’We are committed to investing in top talent as we accelerate our technology and innovation agenda and leverage our global resources,’ says group chief executive
’As an industry, we need to keep pace with this change, or we run the risk of being left behind,’ says data and digitalisation chair
‘Whether you’re big or small, the customer wants are the same – better cover, better price and better service,’ says chief operating officer
‘Insurance is still too reliant on paperwork, underinsurance is far too common and fees are often higher than they should be,’ says chief executive
Alongside new customer acquisition, boosting technology investment is key ’to accelerate and build’ out the premium finance business, says chief strategy officer
‘We are here to remove obstacles to growth and protect liquidity assets as businesses develop,’ says head of new programme
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.