Newsroom

The US insurance industry is lagging behind the UK and Europe in terms of modernisation, according to John Cheney, digital transformation sales lead at Charles Taylor InsureTech.

Gallagher Re’s comprehensive report into the state of the global insurtech industry outlined that while the first quarter of 2024 saw a downturn in investment, Q2 delivered a notable uptick in insurtech funding.

The global IT outage on July 19, 2024, has triggered a significant shift in the cyber insurance sector, prompting carriers and brokers to reevaluate and accelerate their approach to innovation.

Miloslavsky discusses the current insurance technology market and its challenges, and how EIS’s journey to SaaS positions the company for continued success.

Learn how Swiss Re’s Magnum and EIS streamline underwriting, enhance efficiency, and boost satisfaction for digital transformation teams in the UK and Ireland.

AI is fighting customer frustrations and driving efficiency in insurtech, explains Nick Martindale, but it should augment, not replace, humans

When it comes to the insurance sector, politicians seem unable to grasp that this is one of the biggest – and well paid – employers in the UK, plus a massive generator of overseas payments. Truly global and competitive with the world’s best in every sector; Marine, Cat, commercial, Motor, Specialty and Life. These are not Deliveroo zero hours jobs, these are real careers, jobs that can offer people a chance to better their situation in life, raise a family, build a future. Yet politicans and the mainstream media seem completely unable to understand the sector, or it’s huge contribution to the UK economy.

According to varying sources of research, Embedded Insurance is an estimated $2-3.7 trillion market. That’s the kind of new value potential that’s hard to ignore.

Charles Orton-Jones asks five industry experts how embedded insurance could transform the sector and whether or nor it offers real value for consumers.

Rory Yates takes a look at how fraud is evolving and puts the case that although AI can be used to commit fraud, it can also be one of the best fraud detection tools available to insurance brands.

Jaguar Land Rover has announced an “Insurance Contribution initiative”, which provides £150 per month towards the cost of cover for its policies for new Range Rover models.

With generative AI already in widespread use across the insurance sector, Fiona Nicolson examines the benefits, risks and further use cases.

Following customer concerns over Jaguar Land Rover’s embedded scheme, Tom Luckham contemplates whether the original equipment manufacturer-led car insurance revolution is still a distant dream?

Amazon has officially closed its Amazon Insurance Store initiative. The platform, which was introduced in October 2022 to facilitate the purchase of home insurance in the UK, has ceased operations, according to a message displayed on the site.

Without the power of cloud computing, major fintech and insurtech players may never have become the pioneers they are today.

EIS, a leading provider of Software as a Service (SaaS) platforms for the insurance industry, is set to introduce ClaimSmart , an intelligent cloud solution designed to revolutionise claims management.

Thursday Round-Up: As tomorrow is Good Friday, Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week, a day early.

EIS, the SaaS platform provider to the insurance industry, has launched ‘ClaimSmart’, a new cloud solution designed to help insurers reduce the cost of claims, while increasing the quality of the customer experience.