The Association of British Insurers (ABI) claims the UK can take the lead in the global cyber insurance market by establishing a central database of cyber incidents.
The suggestion that driverless cars will make motor insurance an obsolete concept has been dismissed as “a lot of pie in the sky” by roads minister Andrew Jones.
Technology has made the homeowner market a safer place over the last five years, according to Joanne Musselle, chief underwriting officer at insurer Hiscox.
New research from insurance market researchers Consumer Intelligence shows that many drivers are concerned about the impact driverless technology might have.
Insurers can benefit from the use of individual monitoring technology, if they can develop a high level of trust with customers, according to Quadrant Information Services.
Insurance brokers may not have enough knowledge to fulfil their obligations in emerging markets, when the Insurance Act comes into effect this August, according to the British Insurance Brokers Association (BIBA).
Insurance companies should look to entertain their customers to keep them interested in the digital age, according to Aviva’s chief digital officer, Andrew Brem.
Insurance firms continue to invest in technology in order to fuel growth, according to a Celent report which looked into IT spending in the insurance industry.
Forrester analyst Olivia Berdak has suggested that insurers are still failing to react to the threat of digital disruption.
A survey carried out by Insurance Times has found that that the primary reasons why insurers are not innovating is a lack of time, resources and the appropriate internal culture.
Artificial intelligence (AI) has been identified as one of the top issues which insurers should currently be incorporating into their business strategy, according to PwC.
Volvo has warned insurers to prepare for a period of change that will come with the introduction of driverless vehicles on UK roads. The motor vehicle manufacturer predicts that by 2021 we could have a number of autonomous cars on our roads, with likely widespread adoption expected over the next decade.
Insurance start-up SafeShare has launched a new blockchain-based solution, designed to help the ‘sharing economy’.
Wearable technology has the potential to overhaul workplace healthcare insurance, according to health insurer UnitedHealthcare.
A reduction in high profile data breaches has led to cuts in cyber insurance rates for high-risk businesses in the first three months of 2016.
A new report published by insurance research and advisory firm Novarica has found that treating technology as a risk stifles innovation and investment at the board level.
Downing Street recently hosted a roundtable event with Tech City UK in order to discuss the future of the insurance technology industry in the UK.
Insurers should introduce Amazon style ‘one-click buying’, according to Aviva’s chief digital officer.
Wearable technology has the potential to overhaul workplace healthcare insurance, according to health insurer UnitedHealthcare.
Insurers should introduce Amazon style ‘one-click buying’, according to Aviva’s chief digital officer.
The continued evolution of the Internet of Things (IoT) is driving insurers to undergo significant transformation, according to a new report by Capgemini.
Drones could revolutionise the claims and recovery process for the insurance industry, according to Parker Beauchamp, the CEO of insurance firm Inguard.
The Agents Council for Technology (ACT) has released a list of seven key technology trends affecting insurance agencies.
Insurance firms’ technology budgets will continue to rise as many are in the middle of strategic transformations, according to an SMA report.
Despite being tipped to become a revolutionary technology in the insurance industry, Blockchain is unlikely to be approved by the FCA in the near future.