News

Cuvva Says Price Rises on Comparison Sites Are Inevitable

Millions of UK drivers head to price comparison websites (PCWs) on the hunt for a deal when purchasing or renewing car insurance. But according to flexible insurance provider, Cuvva, premiums are set to rise on […]

Insurance Regulation

FCA Publishes Plans to End `Loyalty Penalty’ On Insurance Products

The FCA has today published the final report of its market study into the pricing of home and motor insurance. The FCA is concerned these markets are not working well for consumers and is setting […]

Motor Insurance

Drivers in Northern Ireland Are Least Likely to Make a Claim

Comparing regions is always useful when you’re trying to assess risk and price insurance. There are huge variances in lifestyles, average income, car security, crime levels, fraud and more across the UK, with certain areas […]

InsureTech

SSP Signs Up Ageas to Its Intuition Platform

SSP is pleased to announce the signing of a second insurer to the market-leading solution, SSP Intuition. Powered by Amazon Web Services (AWS), SSP Intuition is SSP’s centralised risk selection and rating data lake, providing […]

InsureTech

Greater Than Wins TU Automotive Award

Greater Than is proud to announce being shortlisted for the 2020 TU-Automotive Award for Automotive Insurance Product/Service of the Year. Greater Than, the Swedish Insurtech company, is proud to announce that the company has been […]

InsureTech

Akur8 Raises 8m Euros, Looks to Expand its AI Pricing Product Reach

Everyone in the UK insurtech sector knows that the race for finding a truly automated insurance pricing platform, that also automates compliance in local markets, is the F1 of the industry. To quote in real […]

Insurance Regulation

FCA Report on Insurance Pricing – Where is The Loyalty Bonus?

The FCA has today published the interim report of its market study into the pricing of home and motor insurance. The FCA found that competition is not working well for all consumers in these markets. It sets out […]

Technology

Tech: Avantia Updates HomeProtect Retail Pricing Model

Avantia, the technology-enabled insurer behind HomeProtect, today announces a major update to its retail pricing model: employing Bayesian optimisation as an alternative to traditional A/B testing.  The pioneering new approach uses machine learning to more quickly identify the […]