The cost of running and insuring heritage buildings is being reduced with technology that monitors risk in real time via the internet of things (IoT), the audience at Intelligent InsurTECH Europe 2019 heard in London on October 14.
Business transformation is powered by software and that is what will differentiate you in the market, delegates at Intelligent InsurTECH Europe 2019 which was held in London on October 14,.
Video content is often overlooked as too time-consuming and technically difficult to produce well. But David Hughes, director at Mulberry Risk, said that it has helped him engage clients in training and decision-making.
Applied Systems, a global provider of cloud-based software for the insurance industry, has updated its digital agency and brokerage portfolio. The latest advancements enable greater connectivity between agencies, brokerages, insurer partners and the end insured to create greater collaboration for higher-value business transactions and operational efficiencies.
US retail insurance broker EPIC Insurance Brokers & Consultants has acquired retail insurance broker Prime Risk Partners. The acquisition adds approximately 600 people in 20 locations and over $115 million in revenue.
Swiss Re and global car electronics company Pioneer have co-developed an innovative telematics solution that provides insurers with better and more personalised risk assessment, while supporting safer driving behaviour.
Insurance software house RDT is to become the latest vendor to join Willis Towers Watson’s global Radar Live Collaboration programme. The programme has been developed to facilitate faster integrations with Radar Live through an ecosystem of leading insurance software houses.
Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies Limited, has entered the construction and engineering market with a new proposition primarily aimed at the UK, North American, Australia and Canada as well as other key territories.
US insurer Applied Underwriters and its subsidiary North American Casualty Co., a group of diversified, national financial services companies, have been acquired by Applied's founder, Steve Menzies, joined by the Quasha Group led by Quadrant Management.
On-demand insurance will play a fundamental role in the future of the industry, according to research from the International Underwriting Association (IUA)., which says that pay-as-you go models of cover will allow customers to automatically activate policies when and where they need them.