Global insurance trends

Bdeo Looking to Automate Property Claims

Bdeo, an insurtech leader in visual intelligence for auto insurance providers, has launched its breakthrough technology for property insurance providers. Managing property claims can now be helped by technology, such as water leak detectors, heat […]

News

Ultrasound Scanning Could Help Detect Water Leaks

With water damage proving to be one of the most frequently reported insurance claims in buildings, the latest in ultrasound technology offers a promising solution to address escalating pay-outs. According to ABI, insurers pay out […]

Insurance claims

How Does a 70% Reduction in EOW Claims Sound?

Water damage poses a disastrous threat to homes and is a significant cost driver across Europe for property insurers. Insight from the ABI suggests that insurers in the UK are paying out £1.8 million every […]

Flood Insurance

Shayp Expands Water Management Services With New Funding

Shayp combines an easy to install sensor with advanced software analytics, allowing property owners to reduce water consumption by over 20%. As water shortages and costs are on the rise, Shayp transforms how the building […]

Technology

LeakBot & Direct Line Team Up On Escape of Water Claims

LeakBot today announces a strategic partnership with UK insurer Direct Line Group to offer leak detection technology to their high net worth home insurance customers over the next 12 months. The partnership, which is the latest […]

News

LeakBot Teams Up With MAPFRE, Expands Offer in Ireland

Smart water leak alarm LeakBot announces a new partnership with MAPFRE, the global insurance company, to offer LeakBot’s preventative smart leak detection system to their customers in Ireland. This partnership has been developed as a result of LeakBot’s […]

InsureTech

2020 Predictions: Internet of Things Will Deliver Practical Results for Consumers

Is it too late for some 2020 Predictions? Heck no, we’re still in New Year mode here at IE mag and looking forward to another year of rapid change in the insurance sector. Here are […]