InsureTech

InsurTech: yulife Secures £10m in Funding To Revolutionise Life Sector

yulife, the life insurance company which puts wellbeing at the heart of its insurance offering, has announced today that it has secured £10 million in Series A funding. The round was led by Creandum Funds, backers of Spotify, iZettle and depop. […]

Insurance Brokers

Broker Update: Geospatial Launches Property View Product

Geospatial Insight today announces the launch of its new product PropertyView, which derives critical property characteristics from satellite imagery, leveraging advances in artificial intelligence and scalable cloud computing.  Providing new insights that improve risk targeting and pricing, PropertyView will empower insurers and risk […]

Insurance Regulation

Regulatory: FCA Ban For Martins Brokers’ Terry Farr

The Financial Conduct Authority (FCA) has prohibited former Martins Brokers (UK) Ltd (‘Martins’) broker Terry Farr from performing any function in relation to any regulated financial activity, on the basis that he acted dishonestly and […]

InsureTech

Cyber Cover: New Tool Allows Policyholders to Verify Security Audits

RapidFire Tools Inc., a Kaseya company and leading provider of business-building technologies for MSPs, today announced the release of Audit Guru for Cyber Insurance, the first compliance process automation tool designed to document and demonstrate “due care” by […]

Insurance claims

CoverGenius Survey Reveals Consumers Waiting 10 Weeks for Claims Pay-Outs

The whole point of insurance is that it kicks in when something goes wrong, and you get your car fixed, your stuff replaced, or a tidy sum to get some new stuff. Naturally, you’d like […]

No Picture
Insurance & Reinsurance

Liberty Mutual Launches Reinsurance Operation in Mexico

Liberty Mutual Reinsurance the reinsurance arm of Liberty Specialty Markets, announced today that it has launched a reinsurance operation under Lloyd’s registration in Mexico to serve clients in Mexico and Central America. The operation will […]

Opinion

Lloyd’s Future: Will The Digital Transformation Happen Fast Enough?

The Future at Lloyd’s prospectus presents more questions than answers according to DevOpsGroup CEO James Smith. Here, he outlines key considerations for the insurance sector as it transforms for enduring relevance in the digital economy. […]

Life/Health/Critical illness

Ernst & Young Survey Reveals Life Insurance Market Ready for Revolution

There are big opportunities for life insurance providers to harness new technologies and data and analytic capabilities to improve the engagement with its customers and help engender trust, according to a new report by EY. The […]