Artificial Intelligence

LexisNexis Launches Attract for Motor: Offers Risk & Loss Prediction

The culmination of several years development and with support from motor insurance providers across the UK, LexisNexis Risk Solutions, the leading data and analytics provider for the insurance industry, has launched Attract™ for Motor, the […]

Big Data

Opinion: In a Digital World Customer Engagement is Crucial for Brokers

In this Opinion piece, Vijaykumar Mahendrakar, (pictured) Vice President, Insurance Solutions, UK & EMEA at Mphasis, takes a look at how our digital economy is transforming the broker business. Online competition is driving down commissions […]

Insurance Regulation

RAC Rapped by FCA Over Renewals Compliance – Are We At a Turning Point?

The RAC has been reprimanded by FCA, (Financial Conduct Authority) over its failure to make previous breakdown costs prominent and crystal clear, when inviting customers to compare prices, and then take up insurance and breakdown […]

News

Co-op Says Majority of Staycationers Travel Without Insurance

Stay at home holidaymakers are three times more likely to risk going away without insurance than those travelling to Europe, according to a new study released today by Co-op Insurance. Co-op’s new study highlights the current risks […]

Opinion

Opinion: Insurers Must Invest in Leak Detection Tech

A leading water mains claims tech specialist says the insurance industry must invest to fight the rising cost of ‘escape of water’ claims currently running at more than £2.5million every day and rising. Fast becoming […]

Insurance Brokers

Insly Raises £2.2 Million Investment as it Goes For Growth

Insly, a cloud-based insurance platform, announces an investment of € 2.2 million led by Concentric and Black Pearls VC. Insly is a rising star in the global effort to bring the traditionally bureaucratic, paper based […]

Business

Magenta Takes Stake in EGV Underwriting

SME growth investor, Magenta Partners (Magenta), has taken a minority stake in Eaton Gate Holdings Limited and Vigilis Holdings Limited (together EGV).  Founded in 2016 by serial entrepreneur Gary Burke, EGV is a managing general […]

Insurance Brokers

Carole Nash Teams Up with Pedalsure on Bicycle Cover

Carole Nash, one of the UK’s leading motorcycle insurance brokers, has partnered with Pedalsure, the country’s top pedal cycle insurance provider. Carole Nash recognises and understands the stong relationship between motorcyclists and cyclists with a recent […]