Technology
Coverly confirms growth plans amid redundancy threat at parent firm BFS
The SME-focused insurtech was launched by former Aviva and Brokerbility expert, Jodi Cartwright, in 2019.
In-depth - cyber: Are brokers protecting themselves against cyber risks?
As well as selling the benefits of cyber insurance to clients, brokers must show the way by being ready for any data breaches or cyber attacks. Sam Barrett reports
Go Compare owner sees profit slip
GoCo Group’s preliminary results suggested operating profit would drop more than 46% amid transformation plan.
Lloyd's outlines priorities for 2020
CEO John Neal says the corporation has raised £300m in debt to fund Future at Lloyd's programme as he admits Lloyd’s is “bound to go down some blind alleys” as it seeks to transform.
Andrew Scott joins Broker Insights as advisor
Scott, who founded Aston Scott Group, has invested in the start-up which was launched by former Aviva broker distribution director Fraser Edmond.
Bicycle broker Laka to expand its product range
CEO and co-founder, Tobias Taupitz, discusses the start-up's expansion plans, its "coup" to have Amanda Blanc join its board, and why he believes Laka's pooled payment calculation model should be used across the industry.
Blog: The future of telematics
Steve Kerrigan of LexisNexis Risk Solutions outlines how telematics has changed the market and examines where this technology is heading next.
FCA sounds alarm over Brexit, misconduct, and data usage
The regulator examined several areas of potential harm in its annual review of the general insurance sector.
Uinsure expands into non-standard home insurance
The InsurTech firm now provides quotes for categories including holiday homes, non-standard construction, listed buildings and homes subjected to previous subsidence and flooding.
Blog: Lessons for brokers looking to tackle fraud
Ray Westwick, managing director at Freedom Brokers, discusses how the firm has used data to reduce instances of fraud.
Broker Direct creates outsourcing arm Proficient
Solutions provider said Proficient will target personal lines firms and InsurTechs.
Blog: The future of insurance and cryptocurrency
James Croome, vice president, fine art and specie, Arch Insurance International, considers whether the insurance market is willing and able to support cryptocurrency-related cover.
Applied targets 40% growth in the UK and Ireland
Senior VP of international operations, Jeff Purdy, says the software house's growth opportunity in the UK is "material" as Joe Sultana joins Andy Fairchild on its new European leadership team.
Ignite Systems launches broker chatbot service
Yoga Insurance Services, sister company of OneCall, has signed up as the first client.
Andy Fairchild joins Applied as European CEO
Software house says appointment of the former Broker Network boss is part of a plan to significantly grow its UK and Ireland operations.
Opinion: Brookhurst Advisory's Paul Upton on the future of underwriting
The end of underwriting? Is technology a magic bullet to generate profitable underwriting? Paul Upton asks
Applied adds Geo Underwriting to personal lines panel
Geo Underwriting’s FlexiLet home product will be available via Applied TAM and Applied Epic.
Hiscox adds extensions to technology cover
Provider now covers intellectual property infringement and pre-claims assistance, as well as unlimited business interruption for firms up to £2m.
Blog: How flood prevention technology can impact claims management
Jonathan Jackson, CEO at flood forecasting InsurTech Previsico, explains how new technologies can change the industry's approach to flood claims.
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
Wentworth Alexander swaps SSP for Applied Epic
The business is planning to create a self-service portal and mobile apps for staff and customers.
Blog: Reading the tea leaves is a mug’s game
Sharon Bishop, CEO of Close Brothers Premium Finance, discusses how technology will free brokers up to do what they’re good at and urges the sector to increase its focus on diversity and inclusion.
Romero and Qlaims partner on commercial property support
Broker can now offer claims support and loss recovery insurance to commercial property clients.
Getsafe partners with Hiscox for UK launch
German MGA Getsafe, which offers digital contents insurance, was established two years ago.