Insurtech
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.
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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.
People Moves: 3-7 October 2022
Follow the latest personnel changes in the insurance industry.
UK Broker Awards 2022: Young Broker of the Year
George Abbott has gone from a telematics broker with no insurance experience to an integral member of a start-up that has grown to £10m of gross written premium since its 2015 formation
UK Broker Awards 2022: Digital Broker Award
On course to secure 100,000 live policyholders by the end of 2022, motor brokerage Yoga Insure, which only launched in late 2019, is already being touted by our judges as the next Direct Line
UK Broker Awards 2022: Broker Start-Up of the Year
A start-up for start-ups, Capsule expects to grow exponentially by 2025. Its innovative model made Capsule the clear winner for our judges. The company launched last year after identifying a compelling opportunity to provide insurance that keeps pace…
Stubben Edge buys finance platform Finpoint
UK-based insurtech Stubben Edge has acquired credit broker Finpoint for an undisclosed sum.
Aviva still has fizz in broker personal lines friendships after Lemonade deal, says Hemming
Aviva is “absolutely open for personal lines business”, according to Gareth Hemming, managing director of UKGI distribution & SME.
Ex First Central UK CEO Andy James launches motor provider Zixty
Andy James, previously UK CEO at First Central, has launched app-based motor insurance provider Zixty.
Aviva backs Lemonade in UK launch
US insurtech Lemonade has launched in the UK with a contents insurance offering in partnership with Aviva.
Mulsanne and Complete Cover parent slips to 2021 loss
Gibraltar-based motor insurer Mulsanne Insurance more than doubled its gross written premium to £119m in 2021 from £54.8m in 2020.
Zego doubling down on growth with 40 brokers
Zego is pursuing a route of working with brokers who “see how the future is evolving” rather than a working “with any broker” approach, CEO Sten Saar told Insurance Age.
Ex-Hiscox UK CEO Thaker joins Abacai as Complete Cover CEO
Bob Thaker, the former UK CEO of Hiscox, has taken over as CEO of insurtech Abacai’s broking business Complete Cover Group, Insurance Age can reveal.
In Depth: Underinsurance - data, analytics and trading
Sam Barrett explores how new technology is helping to prevent underinsurance and boost trading
Mistry warns brokers over cost of living crisis as he launches new agency
Ajay Mistry, a board member at the Society of Insurance Broking, has told Insurance Age that brokers need to look after their staff during the cost of living crisis.
Zego partners with QBE
Zego has partnered with QBE to expand its fleet insurance offerings.
Urban Jungle expands into motor insurance
Insurtech Urban Jungle has launched its new car insurance service which offers both home and car cover.