Latest insurtech news and insights in support of UKGI market

Insurtech

Briefing: Data reform bill treads privacy fine line, but insurer opportunities ahead

2024-11-20T09:00:00+00:00By Clare Ruel

New data access bill has the power to ’drive efficiency and economic benefits’, says head of analytics, claims and underwriting

News

Guidewire to update platform to help firms streamline claims management

2024-11-19T14:00:00+00:00By Clare Ruel

’Guidewire’s AI powered applications will help insurers improve risk selection and pricing,’ says chief executive

News Analysis

Greater software house collaboration could reap benefits for commercial lines eTrading

2024-11-19T08:00:00+00:00By Tim Evershed

Commentators agree that software house cooperation on commercial lines digital trading is only happening in ‘pockets’, yet this teamwork could ‘provide the broking community with the tools they need to deliver an efficient but high level of service to customers’

News

Venture capital funding for insurtechs projected to hit $4.2bn by end of 2024

2024-11-18T13:38:00+00:00By Clare Ruel

There is ’a positive rebound’ for VC-backed insurtechs, with ’series B funding picking up’, says chief executive

How brokers can get the most from generative AI – Open GI

2024-11-14T15:00:00+00:00By Peter Hunter

Generative artificial intelligence (AI) has been an industry hot topic since ChatGPT was born in 2022, but how can brokers harness the technology to grow their businesses? Peter Hunter, head of research and development at Open GI, shares his top tips

News

Backchat: November 2024

2024-11-14T13:00:00+00:00By Clare Ruel

A mummified cat, a third birthday, a golden retriever and a new video series on reinvention. What has the insurance industry been up to of late? You heard it here first…

News

Optalitix inks new partnership to help underwriters

2024-11-13T14:03:00+00:00By Clare Ruel

’Having worked in insurance pricing for over 30 years, I realise the importance of underwriting for the industry,’ says co-founder

News

Quantee inks long-term deal to help insurer with pet pricing

2024-11-11T14:00:00+00:00By Clare Ruel

’There is a responsibility and regulatory requirement from insurers to provide fair pricing to the consumer and to be transparent,’ says director

News

AI focused firms secured majority of insurtech funding in Q3 2024 – Gallagher Re

2024-11-11T12:00:00+00:00By Clare Ruel

The quarter has seen a ’shift towards a more even distribution of capital, reflecting a maturing and stabilising industry,’ says global head of insurtech

All Insurtech articles

Insurtech Insights Conference 2024

Insurers still looking at data in ‘monolithic way’

2024-04-04T10:48:00+01:00By Clare Ruel

’If you have data science in your business and start to get under the skin of that, you can make big changes to your underwriting result,’ says chief executive

Cyber insurance is ‘inaccessible’ for SMEs

2024-03-28T09:00:00+00:00By Clare Ruel

Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive

Insurance industry not matching customer expectations for green parts – Solera

2024-03-27T11:54:00+00:00By Clare Ruel

’Insurers and garages can play a vital role in helping customers understand the green options available,’ says managing director

Generative AI can make embedded insurance ‘more productive’ – Ericson Chan

In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.

This report collates a portfolio of the 50 most innovative UKGI insurtechs that insurers and brokers should have on their partnership radar, based on specific criteria defined by Insurance Times to reflect the needs and interests of our readership.

Read the report

Digital Transformation Reports

Digital Adoption 2023
Find out what digital innovations and processes UK brokers are implementing in the new Digital Adoption Report 2023, produced by Insurance Times in association with Applied Systems.
Insurtech 50 2023
In 2023 we launched our inaugural Insurtech 50 report, produced exclusively by Insurance Times and based on data provided by business management consultancy Oxbow Partners.
Digital Adoption 2022
Find out what digital innovations and processes UK brokers are implementing in the new Digital Adoption Report 2022, produced by Insurance Times in association with Applied Systems.
Digital Transformation 2021
The Insurance Times 2021 Digital Transformation Report is out now! Over 250 brokers from across the UK came forward to reveal how digital transformation has impacted their business.