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Insurance
UK motorists are expected to be hit with price rises to their insurance policies in 2017 for the third year running, according to EY’s bi-annual UK motor insurance results seminar. 22 November 2016
Insurance
Charles Taylor InsureTech has partnered with Actifio, a ‘copy data virtualisation’ specialist, to implement an IT solution that it claims will slash insurers’ data storage costs by creating a single cloud-based copy of data. 22 November 2016
Insurance
XL Catlin has hired a former global chief underwriting officer of Zurich Insurance as the chief executive of Accelerate, its new expert team focused on innovation and insurtech. 22 November 2016
Insurance
elseco, a technology specialty insurance underwriting platform headquartered at the Dubai International Financial Centre (DIFC), has appointed Matthew Holmes as head of energy. 22 November 2016
Insurance
CFC, a specialist lines underwriting agency, has launched a new kidnap and ransom (K&R) offering backed by a consortium of Lloyd’s syndicates and which includes access to an incident response hotline. 22 November 2016
Insurance
AEGIS London has hired two senior executives from MS Amlin and Endurance respectively as it said it looks to consolidate its position as a leading Lloyd’s syndicate. 21 November 2016
Insurance
It has become clear that the insurance industry is under pressure to innovate to remain relevant to its clients. In order to do so, the culture in traditional players may have to change to overcome the challenges the sector faces. 17 November 2016
Insurance
Insurers have been debating how to make use of opportunities offered by insurtech to make their processes more efficient and create more competitive products at a November 16 Intelligent InsurTech Europe conference in London. 17 November 2016
Insurance
The insurance sector’s current business model is threatened by new entrants targeting parts or the complete insurance value chain. 17 November 2016
Insurance
Insurers need to catch up with other industries in the use of technology as the market becomes more competitive – but smaller players might fail to succeed. 17 November 2016
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