Motor Insurance

Mobility: Woven Planet Wraps Up CARMERA Deal

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, has announced the closing of the acquisition of CARMERA, a U.S.-based spatial AI company that specializes in developing scalable, next-generation mapping solutions for […]

Motor Insurance

Aioi Nissay Teams Up With ibott on Shared Mobility Cover

Aioi Nissay Dowa Europe (AND-E) and its subsidiary Toyota Insurance Services (TIS) have joined forces with ibott, a division of Apollo to develop a range of innovative insurance solutions for the fast-growing shared mobility sector. Initially focused on the […]

Conference report

BIBA 2021: Key Points of Vnuk Ruling on Motor Cover

One of the interest BIBA Fringe sessions for motor insurers was the Weightmans Law presentation on the Vnuk case and its long term implactions. Paul Ryman-Tubbs presented a brief history of Vnuk, Brexit and the […]

Opinion

Hello PAYG Part Two: AI, Ridesharing & Bias Free Data

OK, so here is part two of our Hello PAYG themed feature for March. Let’s explore market opportunities, and challenges, beyond the PAYG or usage-based model replacing TPF&T or Fully Comp over time. Consumer choice […]

Motor Insurance

Fancy a New Volvo? Get a Credit Check In 3 Seconds

Insurers and brokers should take note that manufacturers are setting up their own car rental/lease schemes. Instant approval, online spec choices, remote delivery and there is no reason why insurance couldn’t be included as part […]

Global insurance trends

Usage Based Cover: Aioi Nissay Partners Up With CMT

Aioi Nissay Dowa Insurance Company Limited (Aioi Nissay Dowa Insurance), a member of the MS&AD Insurance Group, the largest P&C insurer in Japan, has launched a new usage-based insurance program for personal-line consumers in partnership […]