Technology
Profits up at CDL in 2020
The software house recorded a £52.7m turnover for the year, largely in line with its results for 2019.
PremFina gears for growth with investment in tens of millions
Investors have given the tech-led premium finance provider a cash injection in a move that sees it set to challenge Close Brothers and Premium Credit for a top three position in the UK.
Biba forms Insurance Technology & Innovation Committee
It has been developed to protect the interests of Biba members and panellists include software houses.
Acturis posts revenue rise for 2020
The software house also revealed an increase in operating profit for the year.
UK boss Middle lifts lid on Ageas's restructure and job cuts
Ageas's Ant Middle and Adam Beckett discuss the provider's strategy change in response to shifts in customer behaviour, and the FCA's dual pricing ban, as the insurer aims to hit £1.5bn in GWP.
CFC adds risk management service to eHealth product
The provider has said the service is the first digital training solution designed specifically for telehealth providers.
Opportunity for brokers to drive change in motor insurance
By Bits' Callum Rimmer encourages brokers to step in after survey reveals gap between what motor insurers are offering and what their customers want.
Opinion: Broker benefits in tech
With the UK being an established hub for digital innovation, brokers have the opportunity to build new books of business, says Markel’s Mark Lowther
Urban Jungle targets homeowners with fresh product
CEO Jimmy Williams talks to Insurance Age about the company’s newly launched product and its plans for future expansion.
Motor insurers urged to evolve to meet changing customer needs
Research from By Bits shows drivers of all ages are feeling increasingly unhappy with their motor insurers, while only 11% of providers say they are actively trying to change their approach.
Mark Wilson's Abacai makes six leadership hires
Motor insurtech says the new leadership team joins as the group "eyes the significant opportunity to better serve customers" following the FCA's dual pricing ban.
Blog: How brokers can help insurers embrace digital assets
Ben Davis, of Superscript, explains why the industry needs to get to grips with tech currencies such as Bitcoin.
Blog: Why technology must be a priority amid acquisition deals
Open GI’s Simon Badley shares what brokers must consider in terms of technology as they move forward with M&A.
How are brokers adapting to millennials’ needs?
Experts discuss the challenges that motor brokers need to overcome to attract and retain younger customers and how they can use technology to make cover more affordable.
SSP staff slashed by half following Volaris deal
214 people are up for redundancy as market says Colin Greenhill joins as CEO and Kevin Wells becomes chief technology officer.
Andy Fairchild leaves Applied Systems
Tom Needs takes over as European CEO at the software provider.
Broker Insights adds seven insurers and 150 brokers to platform
The insurtech startup also reported doubling its revenue and GWP in its second year of trading.
One Call suffers system failure
Customers have been unable to contact the broker via phone or live chat or login to its customer portal since Thursday morning.
Acturis adds CFC to panel with cyber product launch
CFC's Cyber Now product has been made available to brokers on the Acturis platform.
In-depth - cyber: Protecting customers
Aviva’s Pete Holmes on how brokers can protect themselves and their clients from cyber attack
Blog: In search of the digital X-Factor
Dave Ovenden, of Willis Towers Watson, considers how the industry can ensure commercial cover isn't left behind amid the tech revolution.
SchemeServe creates scheme sharing facility with capacity from seven providers
The facility, which was developed in response to changes in insurer appetite due to the pandemic, will connect brokers and MGAs looking for capacity for new or existing schemes to a panel of providers including Axa, Ecclesiastical, Hiscox, Arag, and Pen…
In-depth - cyber: Head in the sand
Many businesses are not doing enough to protect themselves from the risks posed by cyber crime. David Worsfold investigates how brokers can help clients armour themselves against emerging threats
Paul Trail exits Close Brothers
The move comes just eight months after he took the MD position and has resulted in a management reshuffle at the finance provider.