InsureTech

Is Insurtech Progress Being Slowed By Legacy IT Systems? Oh Hell Yeah

MarkLogic Corporation, the next generation data platform provider for simplifying data integration, today released a report revealing that complex legacy IT systems and inefficient processes are slowing the efforts of insurers to digitally transform and achieve […]

Insurance Regulation

FCA Reaction to Loyalty Penalty Super Complaint

Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented: “Before the CMA published its supercomplaint response last year, we had already begun work in the mortgages, cash savings and general insurance markets. […]

Insurance claims

Zego Bags $42 Million in Investment Cash – Plans to Go Large & Expand Rapidly

Insurance market disruptor Zego has announced extra funding, to the tune of a humungous $42 million today. Yes, 42 big ones. The cash will be used to expand the Zego brand, double the workforce to […]

InsureTech

Driverless Car Insurance: Liberty Teams Up With Edge Case Research

Insurance Edge believes that those insurers who fail to invest in driverless car technologies risk losing the chance to harvest vast swathes of data from the occupants of said driverless Jonny Cabs in the future. […]

News

Is It The End for the Annual Car Insurance Search & Switch Festival?

Today, the government has announced that firms that overcharge loyal customers could be hit with direct fines under new plans being unveiled this morning by the Government. The move will help tackle the loyalty penalty and practices […]

Insurance Regulation

Regulatory: EU Body Looks at Impact of GDPR, Hints at More Regulations

Insurance Europe has published an insight briefing that examines whether the General Data Protection Regulation (GDPR) has delivered on its aims of enhanced protection and greater harmonisation of data protection rules. It also asks if the GDPR […]

InsureTech

Insurtech: Riskbook Wins ACORD Innovation Challenge Semi-Final

ACORD, the global standards body for the insurance industry, has announced that Riskbook was the winner of the London semi-final round of the ACORD InsurTech Innovation Challenge (AIIC). RITA andOptimiz.Claims were runners up. The event was sponsored by DXC Technology, AXA […]

Insurance Brokers

Broker Update: GRP Acquires Burnley Based Thomas Cook & Son

Thomas Sagar Insurances (Sagars) – part of Global Risks Partners – has acquired Thomas Cook & Son Insurance Brokers (Thomas Cook). The deal has received regulatory approval and the consideration is undisclosed. Thomas Cook, which […]