Insurers and reinsurers are exerting an increasing level of influence on start-ups in the insurance technology (insurtech) space, according to Willis Towers Watson
The Claims Expert Management Hub is one step in the journey of Lloyd’s toward becoming a much more digital marketplace, according to Lee Elliston, head of claims operations at the Lloyd’s Market Association (LMA)
The number of live telematics-based insurance policies reached 975,000 in 2017, according to the British Insurance Brokers’ Association (BIBA)
Clyde & Co is piloting the use of online arbitration system PIcArbs to overcome the cost and slow pace of litigating personal injury claims through English and Welsh civil courts
Arrandco Audit has been fined £1 million for misconduct in its handling of the accounts of insurance software firm Quindell
A cyber attack was the top business risk for the UK in Allianz Global Corporate & Specialty’s (AGCS) latest Risk Barometer, as ‘hurricane’ events become increasingly common
InsurePal, a new peer-to-peer insurer offering lower premiums for those able to gain ‘social proof’ guarantees from friends and family, is raising £15 million ($18 million) in an initial coin offering to fund its UK motor launch in the first half of 2018.