Insurtech
Bexhill UK partners with Acturis on premium finance
Bexhill UK and Acturis have partnered in a full API integration of Bexhill’s premium finance system and Acturis’s insurance broking system.
Techspertise
The international ARAG Group has high ambitions for our future growth following the acquisition of DAS UK, and one of the most exciting prospects is the investment in technology that has been planned, to help us achieve those goals.
Four steps to better broker/underwriter workflows
Whether you’re a broker trying to develop a rapport with customers or an underwriter trying to assess and determine acceptable risk, a shared understanding of each side's priorities and pain points is key.
C-Quence seeks to “unleash” digital tools and target schemes after Sompo tie-up
C-Quence is looking to “unleash the breadth” of its digital capabilities and target more schemes business having switched capacity provider for its property and casualty and property owners propositions.
The importance of equipment breakdown insurance in an unpredictable world
Today’s machinery and equipment is more high-tech and specialised than ever, but it can also be more unpredictable. As machinery has evolved, so too have the risks.
Broker moves Accredited-backed MGA capacity to Aviva with extended facility
Norwich-based insurtech broker Pikl has replaced its MGA capacity after signing a deal with Prestige Underwriting, backed by Aviva.
Driving efficiency, automation and competitiveness at scale in commercial lines insurance
Insurance Post in association with Insurants recently hosted a roundtable discussion where insurers and brokers discussed a number of pertinent and pressing questions relating to the use of automation and AI at scale in commercial lines insurance.
Ripe targets three new products this year – CEO Williams
Insurtech broker Ripe is looking to launch another three products this year, possibly four if one can “squeeze it through the door” at the end, according to CEO Paul Williams.
Broker Insights unveils new CEO as founder Edmond becomes president
Data analysis specialist Broker Insights has changed its leadership team, in a move it hopes will help accelerate UK growth and expansion in the US.
In-Depth: Staying ahead of cyber risk
Produced by Insurance Age and Aviva, this In-Depth series explores the latest trends across the rapidly changing cyber threat landscape, the impact on UK businesses, and how brokers can support client firms in tackling this key risk.
Biba Conference 2024 countdown: Ignite Insurance Systems’ Toby MacLachlan
In conference week Toby MacLachlan, managing director at Ignite Insurance Systems promises sock, socks and more socks, advises not booking too many meetings and is looking forward to a good night’s sleep.
Broker Insights launches AI-enabled Propensity Lens
Broker Insights has unveiled a product designed to improve efficiency for insurers by helping to predict the possibility they will win business.
MGA ARMD on track to hit 12,000 policy target after broker-only pivot
ARMD is on track to hit its target of 12,000 products sold this year with plans to launch on Acturis in July, according to co-founder Alan Hickman.
Equipment breakdown insurance - five key benefits
As machinery, equipment and technologies have evolved, so too have the risks for businesses and organisations.
Hug Hub extranet offering sold to Endeavour Ventures
Endeavour Ventures has bought Hug Hub’s commercial lines focused digital quote platform, Extranet Hub, Insurance Age can reveal.
Wakam receives PRA approval for new £500m GWP UK insurer
French insurance group Wakam has told brokers thinking of setting up their own managing general agents to consider it as a capacity partner after receiving regulatory approval for a new UK subsidiary.
Biba Conference 2024 countdown: SSP Broker’s Martyn Matthews
With the Biba Conference just weeks away, Martyn Mathews, managing director of SSP Broker, quotes psychologist Carl Jung and recollects getting his kids foam swords and shields.
The growing role for brokers in fighting insurance fraud
With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and…
Biba Conference 2024 countdown: ICEYE’s Paul Sowden
Paul Sowden, strategic account manager, ICEYE believes his firm will stick out this year as the only one to have a satellite on its stand, and remembers bumping into his first insurance manager who he had not seen for 15 years.
Novidea adds $30m from HarbourVest Partners in funding round
Insurance management system provider Novidea has confirmed raising an extra $30m (£23.6m) from HarbourVest Partners, taking its Series C funding round to $80m.
Blog: With the right team inhouse technology development needn’t be a pipe dream for brokers
Technology is key in charting and improving the consumer’s insurance journey. Daniel Huddart, CTO of Avantia Group’s Homeprotect, explains the benefits of building digital platforms inhouse with open-source technologies and a diverse skill set.
Former Acromas suitor Open enters UK market with MGA buy
Australian insurtech Open has entered the UK market with the acquisition of gadget specialist So Sure.
Aon buys in administration Humn.ai’s assets and IP
Aon has bought Humn.ai’s technology assets and intellectual property to strengthen its own commercial fleet proposition, months after the insurtech appointed administrators.
Buying or selling an intermediary: Lessons from the front line part 3 – Technology
In the final instalment of a three-part series on broker M&A, Phil Broadbery, a partner and head of PKF’s technology team, examines some of the most common IT and data-related pitfalls that broker leaders should look out for during the acquisition…