Technology
Howden taps into Ingenie for UK telematics roll out
International broker Howden has announced the UK launch of Howden Drive, its telematics app and data beacon, which aims to help reduce premiums for policyholders, optimise loss ratios for brokers and insurers, and improve road safety.
Applied approaching 100 Epic milestone
Applied Systems has 72 brokers live on Epic in the UK and is onboarding another 30 customers that have already been won, which will take the total to more than 100 by the end of the year, Europe CEO Tom Needs confirmed to Insurance Age.
Insly launches no code sales software for brokers
Software provider Insly has rolled out BrokerFlow, designed to enable brokers to digitise their sales workflow including application forms, risk surveys, and customer proposals.
UK Broker Awards open for entries – get yours in now
The 2023 UK Broker Awards returns this year at a new venue during a new month.
Policy Expert focuses on customer retention as top priority
Policy Expert’s COO Adam Powell has stressed that customer retention is its top priority in 2023, as it continues to focus on its organic growth.
Ex-Applied Systems leader Joe Sultana joins digital schemes firm IS2
Joe Sultana, former chief operating officer at Applied Systems Europe, has joined digital trading and distribution platform for the schemes market IS2 as commercial director.
‘Massive blow’ for UK insurtechs averted as key bank is rescued
The Financial Conduct Authority has moved to reassure customers of their rights following the rescue of Silicon Valley Bank.
Open GI sale not a cause for concern, say users
Treasurer of Open GI User Group, Mark Sollis, has told Insurance Age that the potential sale of the software house by its majority shareholder is not a cause for concern.
The runners and riders in the Open GI sale
Open GI is reportedly up for sale, with private equity shareholder Montagu wanting to exit. Who are the likely new investors?
Acturis is not for sale, sources reveal
Acturis is not for sale, sources close to the company has confirmed, following a report that a key shareholder was eyeing up an exit.
Open GI shareholder looking at sale options – report
Open GI’s majority shareholder is targeting a sale of the business in the second quarter of 2023, according to Reuters.
Polaris’s imarket hits new high with £322m premium in 2022
The number of policies traded on imarket, which connects broker software platforms to insurer systems for the placement of commercial lines, hit a record 497,883 in 2022, Polaris has revealed.
Hiscox launches broker extranet
Hiscox has launched a broker extranet claiming it is the first full cycle digital trading extranet built by an insurer that supports integration into brokers’ Acturis back office.
Bravo unveils ‘biggest transformation’ in broker network trading for two decades
Bravo has hailed its latest launch as “the biggest transformation” to how broker networks add value for members in the past 20 years.
Open GI eyes pay-as-you-go market after Love Your Miles partnership move
Technology provider Open GI is eyeing up the growing pay-as-you-go market, after having entered the sector with online motor broker Love Your Miles in 2022.
Are brokers bucking the trend of insurtech investment struggles?
According to a new Gallagher Re report, global insurtech investment fell in the fourth quarter of 2022 to its lowest level since the third quarter of 2020. Sophie Locke-Cooper details why some may be struggling even if there are signs of hope among…
In depth: The importance of cyber crime education for both brokers and SMEs
The potential seriousness of cyber attacks and their increasing frequency are big concerns to both brokers and their clients. Martin Friel investigates how important education around this risk can be.
Saga in 'exclusive' sale talks with insurtech over Acromas underwriting arm
Over-50s specialist Saga has confirmed that it is in exclusive discussions with Australian insurtech Open to sell its insurance arm Acromas.
In depth: Are SMEs behind the times with cyber insurance?
Despite the majority of SMEs not holding any cyber insurance, these attacks are increasing. And despite their size, Martin Friel finds that many smaller businesses are more at risk than larger companies.
Biba manifesto 2023 - cost-of-living crisis in depth
The British Insurance Brokers' Association has focused in on the role brokers can play to help the UK tackle the current cost of living pressures, as it launched its 2023 manifesto.
Thomas Carroll launches insurtech start-up TCi Futures
Thomas Carroll Insurance Brokers has launched a new insurtech company, TCi Futures.
CNA Hardy targets technology businesses with cyber suite launch
CNA Hardy has launched the latest addition to its technology product suite, Technology Package+, which offers an updated set of cover.
Opinion: Machine learning – the art of the possible
Using an analogy involving cats and dogs Tom Murphy, co-founder and chief technology officer of Machine Learning Programs, explains machine learning, why it matters and how it can help brokers.
Ripe Thinking hires ex-Towergate duo to 'help drive growth'
Insurtech broker Ripe Thinking, has hired Simon Trott as chief operating officer and Rob Styring as chief financial officer.