Lloyd's/London Market

Concirrus and Arch Team Up on Quest Marine Platform

Leading insurtech, Concirrus and Arch Insurance International, part of Arch Capital Group Ltd. (ACGL), have entered into an agreement to use the behavioural analytics platform, Quest Marine. Quest Marine digitalises the assessment, pricing, and monitoring […]

Insurance Regulation

Sapiens Teams Up With ACORD Network

Leading global software provider for the insurance industry, Sapiens International Corporation (NASDAQ and TASE: SPNS), has signed an ongoing partnership agreement with ACORD, the standards-setting body for the global insurance industry, as a leading global messaging platform […]

Motor Insurance

Tractable Teams Up With Mitchell

Tractable, the artificial intelligence company for accident & disaster recovery, today announces a new partnership with Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair Industries. This […]

Insurance Regulation

Inclusiveness: BIBA Travel Directory Gets FCA Approval

The FCA has confirmed that BIBA’s Travel Medical Insurance Directory meets their criteria for a ‘medical cover firm directory’ and will be listed on the FCA website from today, Wednesday 27 January 2021.  This, therefore, […]

UK Insurance Trends

Academic Suggests Making Ransomware Payments Illegal

Professor Ciaran Martin told the The Guardian last week that he feels ransomware is `close to getting out of control,’ and that UK insurers are inadvertently funding organised crime by paying out on ransomware claims. […]

News

Deals: Markerstudy Secures £200m Investment, Expansion On The Way

After the Co-op deal, Markerstudy now have a finance deal in place which will allow them to consolidate within the car sector, acquire or invest. Or all three. Exciting times. Markerstudy Group (“the Group”) has […]

Opinion

Car Insurance Future: Driver Behaviour, Smartphone Data, Plus AI Pricing

Earlier this year the UK Government passed legislation to completely ban drivers from picking up a mobile phone when driving, finally closing a loophole in the law which allowed drivers to take pictures, scroll through […]

InsureTech

Beazley Uses AI to Enhance its Reputational Risk Policy

Specialist insurer Beazley has enhanced its pioneering Reputational Risk insurance policy by providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively. Underwritten by the Custodian Consortium at Lloyd’s led […]