According to a survey commissioned by VOOM, the world’s first on-demand, telematics-based insurtech platform for specialized mobility, 80% of e-scooter riders claimed they do not wear a helmet consistently or at all. This, despite 40% of […]
McGill and Partners has entered into an agreement with Marsh Limited and JLT Specialty Limited to acquire certain specialty business from Marsh in London. This business principally emanates from third-party wholesale, or independent brokers, who compete with Marsh […]
The FCA’s recent partnership with the Alan Turing Institute to examine the transparency and explainability of AI in the financial sector is an incredibly important and timely move, particularly for the insurance market. However, Tony Tarquini, […]
Lloyd’s of London is now completing over half of all insurance transactions electronically, as technology allows brokers, underwriters and insurers to assess risk, quote, bind and settle claims online without old fashioned paper-shuffling and delays. […]
This latest piece is by Joseph Higgins, who is working within the Lloyd’s Lab start-up and innovation centre. As insurtech begins to transform established insurance institutions, it’s useful to get a little view from the […]
Modern insurance is all about data, how you sift it, protect it and use AI and other tools to make sense of it when it comes to pricing risk and settling claims. So here’s some […]
Today, the UK’s Financial Conduct Authority (FCA) has confirmed an 18-month delay to the introduction of Secure Customer Authentication (SCA) rules – one of the most important legislations affecting the financial sector – in a […]
The UK government’s Transport Committee has looked at the issue of drivers using hands-free mobile phones at the wheel. Current laws give the “misleading impression” that hands-free options are safe, MP’s warned. While it has […]
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