With the sharing economy set to rocket in value over the next 10 years, the changing attitudes of the younger generation means insurers need to ditch their ‘one size fits all’ approach to insurance
Jonathan Swift foresees the future for the UK insurance broker.
The Back Me Up app targets millennials and enables them to insure three items, such as a phone, for £15 per month.
Deal includes private car, commercial vehicle and motorcycle policies.
CII report warns that use of fintech and big data could lead to some people being uninsurable.
Report shows a third of InsurTech start-ups look to improve customer relationships.
Both the insurer and manufacturer must play a role in determining who was at fault when an accident happens.
Revenue also grows to £46.1m for 2015, up from £36.9m in the previous year.
BT survey reveals increasing use of digital channels for insurance transactions.
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Insurers are worried they could lose up to a fifth of business to FinTech start-ups.
Newly-launched specialist van MGA has chosen its insurance software provider.
Reports say the closure is due to financial and branding problems.
Broker says policy is to support UK in its bid to be at the forefront of self-driving technology.
The broker insists that ‘off the shelf’ software is not always the best solution.
Thomas Coles, CEO of provider Risk Solved explains how brokers should become “enlightened” to chase the new consumer.
Broker software provider raises around £750,000 from angel investors as it looks to grow in the London insurance market.
Brokers can use the domain instead of .com or .co.uk.
Company-wide hackathon generates ideas including Tinder for insurance and SimplyBot, language processing technology.
Alexandra Foster, head of insurance and strategy, global banking and financial markets, BT, explains why cyber is a huge opportunity.
Director general calls for reporting of cyber attacks to be “mandatory” in order to build up data.
Founder says that he wants the broker to be the “Amazon of insurance”.
Tech expert, Ran Berger, explains why insurance isn't keeping pace with the digital revolution.
Red Crake's Ed Pugh tells us why brokers should not be worried about tech disruption.