Articles

Crawford joins gig economy with $36m WeGoLook acquisition

7 December 2016 alastair walker 0

Insurance claims management specialist Crawford & Company has stepped into the ‘gig economy’ marketplace with a $36m acquisition for 85% of WeGoLook.

The online and mobile platform based in Oklahoma City, Oklahoma deploys thousands of people from a nationwide network to inspect and verify information, helping clients make real time decisions.
Crawford announced the acquisition of a majority interest as a strategic investment to help it revolutionize, automate and expedite the claim handling process “by utilizing a large mobile workforce for automotive and property inspections.” […]

Credit insurer pessimistic on global trade growth

6 December 2016 alastair walker 0

trade and economic growth are becoming increasingly disentangled with 2016 likely to be the first year in more than a decade in which the pace of trade growth fails to match the pace of GDP growth […]

Swiss Re focusing on tech R&D says Mumenthaler

2 December 2016 alastair walker 0

Amid difficult short- and mid-term environment, Swiss Re said its strategic framework, and particularly its investment in R&D and technology, positions the Group to weather the challenges. […]

Exeter statistician wins prestigious 2016 Lloyd’s Science of Risk award

1 December 2016 alastair walker 0

The research uses state-of-the-art statistical modelling techniques to simulate the severity of potential naturally-occurring hazard events, such as the windstorm that led to the destruction of the Dawlish rail network in 2014. […]

Industry reacts by quoting huge percentages as IPT goes up 2%

23 November 2016 alastair walker 1

The insurance industry’s pleadings for an easy ride in the Chancellor’s Autumn Statement fell on deaf ears today as the Treasury announced another 2% added to Insurance Premium Tax. Reactions on social media appeared instantly, […]

“Driverless cars must share crash data if something goes wrong” Insurers make call for international data standards

22 November 2016 alastair walker 0

Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, the Association of British Insurers (ABI) Annual Conference will hear today. […]

Scale of EU insurance-related legislation revealed

6 October 2016 alastair walker 0

An analysis of how EU legislation impacts on the insurance and long term savings industry has been published today by the Association of British Insurers. The in-depth ‘mapping exercise’ identifies around 80 pieces of EU […]

Independent study reflects Ombudsman concern over claims handling

17 June 2015 alastair walker 0

research discovered that the issue of greatest importance for consumers, when it comes to claims, is customer experience. Almost half (42%) of the 2,000 consumers surveyed cited customer service reputation as one of the main factors they consider when choosing an insurer – whilst just 20% said they would always choose the insurer that paid out the most claims. […]

Articles

Crawford joins gig economy with $36m WeGoLook acquisition

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Credit insurer pessimistic on global trade growth

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Swiss Re focusing on tech R&D says Mumenthaler

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Industry reacts by quoting huge percentages as IPT goes up 2%

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Scale of EU insurance-related legislation revealed

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Independent study reflects Ombudsman concern over claims handling

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