Category : Insurtech (Insure Tech)

HSCM Bermuda leads latest funding round for RiskGenius insurtech

RiskGenius, an insurtech firm that applies machine learning software to insurance policies, has announced the completion of a Series B financing round, which was led by Hudson Structured Capital Management Ltd. (HSCM Bermuda). The insurtech also expa...

Chris Guillaume formally hands over CEO role

He stepped down as CEO earlier this year but will remain as an NED in the company.

Slow 5G roll-out gives insurers time to adapt to IoT disruption: Moody’s

The gradual roll out of Europe’s 5G mobile networks will give insurers more time to adapt to the potential disruption which 5G-enabled Internet of Things (IoT) applications could inflict on the sector, according to a Moody’s Investors Service r...

Chris Guillaume exits Open GI

He stepped down as CEO earlier this year.

DAC Beachcroft to launch AI-powered motor liability tool

International law firm DAC Beachcroft has worked together with insurtech start-ups Automated Insurance Solutions and Audatex on the development of an online artificial intelligence-powered tool able to quickly and consistently assess liability follow...

Concirrus collab targets automated fleet risk management

London-based insurtech Concirrus is partnering with connected camera specialists SureCam and is planning to integrate their technology into its data analytics platform Quest Fleet. It’s hoped the move will provide new insights and enable fleets to au...

Markerstudy buys Smart Driver Club Insurance

Telematics broker to be part of Markerstudy's retail and affinity division.

Almost half of brokers say current economic climate is bad for business

Research from Aviva also shows brokers fear technology will replace the human broker.

Lloyd’s eyes improved insurance contracts for customers

Lloyd’s has announced the launch of Contract Confidence, a tool which leverages advanced search techniques to scan contracts and check for errors and discrepancies. For example, the tool is able to run checks against 1,400 open market rules and highl...

In-depth - claims: The tech frontline

How can brokers use tech to manage claims and help customers prevent them? Martin Friel investigates

African re/insurer Klapton adopts software from Eurobase

Eurobase International Group, an international software and service provider to financial institutions, has announced that Klapton has selected its Synergy2 platform to support its operations. Klapton, a re/insurer registered in the Autonomous Island...

Lloyd’s Lab insurtech ClauseMatch reveals findings of 10-week pilot

Lloyd’s Lab, the innovation accelerator launched last year by the Lloyd’s market, has revealed the findings of insurtech ClauseMatch following the completion of its 10-week long pilot project. ClauseMatch, a software technology company that enables f...