Insurtech
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.
‘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.
Paul Moors teams up again with ex-Bollington chief at insurtech
Paul Moors has joined motor broking insurtech GoShorty in his first major role outside of the Arthur J Gallagher-owned Bollington business.
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…
Ignite stresses the importance of a gender-balanced industry
Jess Burton, head of operations at Ignite, has urged the insurance sector to become more gender balanced in order for the industry to keep moving forward.
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.
RSA adds to CIO leadership team
RSA Insurance has appointed two new women to its CIO leadership team with Sally Ng as specialty and commercial delivery director, and Katie Hermans as head of technology risk management.
Thomas Carroll launches insurtech start-up TCi Futures
Thomas Carroll Insurance Brokers has launched a new insurtech company, TCi Futures.
Amazon partner Superscript raises £45m in Series B round
UK-based insurtech Superscript has completed a £45m Series B funding round led by existing investor BHL UK, owner of Comparethemarket.
Loadsure boosts freight offering with Tokio Marine Kiln capacity backing
Loadsure has received capacity backing from Tokio Marine Kiln to enhance its freight protection offering.
Review of the Year 2022: John Warburton, Konsileo CEO
In the latest part of Insurance Age's review of the year John Warburton, Konsileo CEO offers his reflections on 2022 and predictions for the next 12 months.
Qmetric swings to loss
Policy Expert owner Qmetric Group Holdings has posted a post-tax loss of £9.99m as gross written premium broke through the £200m barrier.
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.
Qlaims launches ATE service
Qlaims has extended its claims assistance to provide after the event services to its brokers.
Airmic CEO warns industry of challenging times ahead
Julia Graham, CEO at Airmic, has stressed the harsh market has given insurers and brokers new challenges and that difficult times are ahead.
Brokers should harness IT to ‘keep doors open’ for new capacity providers
CEO of Insly, Risto Rossar, has insisted that schemes brokers and managing general agents should not rely too heavily on their capacity provider's IT systems and keep their doors open to new partners.
Development Bank of Wales invests in start-up broker
The Development Bank of Wales has invested £250,000 in Cardiff-based Driverly leading a pre-seed investment round of £525,000.
People Moves: 14-18 November 2022
Stay in the loop with the latest insurance personnel changes.
US insurtech Vouch invests in broking start-up Capsule
San Francisco-based Vouch has invested in the UK insurance broker Capsule.
Newbie News: Capsule
CEO Thomas Wynne tells Insurance Age how he went from being managing director at Kingsbridge to starting an insurance partner for high growth start-ups, Capsule
Video Q&A: Travelers Insurance on the opportunities afforded brokers by the UK technology sector
Travelers Insurance’s Stuart Hawkins talks to Insurance Age about the coverages and issues brokers need to be aware of to manage clients in the technology sector.
Broker Week 2022: Evolving insurance business models
The industry’s business models are changing fast due to the relentless march of technology, new market routes, and modern distribution methods. But how can brokers keep ahead of the curve to keep current business models from becoming obsolete? Tim…
Insurance set for boom in machine learning, Bank of England survey finds
Insurance is growing its adoption of machine learning applications faster than any other financial sector, a Bank of England survey has found.