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News
Litigation funding now a ‘permanent feature’ of civil justice landscape
3+ day, 19+ hour ago (415+ words) ‘For insurers, the practical implication is this – funding is now an important part of litigation risk,’ says associate professor of law The growing prevalence of litigation funding in UK lawsuits is reshaping the dynamics of the legal sector. Read: Insurers…...
ManyPets to launch pet insurance plugin on ChatGPT
1+ week, 4+ day ago (216+ words) ’Being the first pet insurance provider to launch a pet insurance app on ChatGPT reflects our role shaping the pet insurance of tomorrow and our pledge to make caring for pets easier,’ says chief executive ManyPets is launching a pet…...
ManyPets eyes launching???differentiated product set??? for price comparison websites
1+ week, 5+ day ago (460+ words) ’It’s a significant part of the market so we’re not completely ignoring it – we just want to do it in a way that it’s still aligned with our overall customer philosophy,’ says chief executive ManyPets has said it may look…...
Coalition launches £20m enterprise cyber cover in UK
1+ week, 5+ day ago (328+ words) ‘Enterprises need confidence that they can withstand digital threats no matter how they evolve,’ says chief revenue officer Coalition has launched a new cyber insurance proposition that offers up to £20m in cover for large UK organisations. Read: MS Amlin bolsters…...
TechTalk: Insurtech revolution enters a ‘second coming’ as investment shifts
2+ week, 3+ day ago (1381+ words) ‘These swaggering insurtechs claimed that they were going to change the world, but they weren’t selling any insurance – there wasn’t a scalable, solid concept there,’ says executive director When insurtechs first emerged in the insurance sector in the 2010s, they did…...
The fraud signals hiding in plain sight – Smartnumbers
2+ week, 5+ day ago (487+ words) Sponsored content: Jamie Melling, chief executive at Smartnumbers, discusses how the data behind contact centre calls is emerging as a powerful, but underused, tool in the fight against insurance fraud Insurance fraud is a moving target. Fraudsters are strategic about…...
Aviva launches AI video analysis tool to flag worker injury risk
2+ week, 6+ day ago (300+ words) Insurer Aviva has partnered with health and safety specialist Cardinus Risk Management to add an artificial intelligence (AI)-powered musculoskeletal injury prevention tool to its client offering. Read: Cyber policy wordings have potential to provide unintended AI cover – IUA Read:…...
Cyber policy wordings have potential to provide unintended AI cover – IUA
3+ week, 3+ day ago (1202+ words) Although believing that artificial intelligence is ‘an insurable exposure’, explicit coverage is still hard to find as use cases around the technology continue to evolve and differ vastly between businesses, says underwriting director Common clauses cited within cyber insurance policies…...
Alps partners with AI-powered Nuvalaw to cut dispute delays
3+ week, 3+ day ago (202+ words) ’We’ve already proven the use case with a recent personal injury claim resolved in just 24 hours,’ says managing director Read: Michelle O’Reilly – Looking over the add-on sector with a ‘lawyer’s eye’ from Alps Read: Alps broadens Gap insurance range According…...
ABI releases new cyber resilience guidance
3+ week, 4+ day ago (367+ words) ’Our new guidance highlights practical actions businesses can take to better protect themselves,’ says director of general insurance The ABI has issued new guidance to help organisations better protect themselves against escalating and evolving cyber threats. Read: Aviva updates cyber…...