Artificial Intelligence Startup Helps Insurers Spot Cognitive Decline in Older Drivers October 17, 2023 By Saritha Rai Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22...
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
Admiral Sees Cost of Motor Claims Running High in Britain and U.S. August 10, 2022 By Carolyn Cohn and Huw Jones The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said...
Sampo Group and S. African Investor to Acquire UK Insurer Hastings for $2.2B in Cash August 5, 2020 UK insurer Hasting Group Holdings has agreed to a £1.66 billion (US$2.2 billion) cash acquisition by Finnish insurer Sampo and...
UK Motor Insurers to Mutualize Claims for Terrorist Attacks Using Vehicles as Weapons July 23, 2018 UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved...
Allianz Partners with Drivy in UK to Provide Insurance for Car Sharing Platform April 13, 2018 Allianz Insurance has partnered with Drivy (UK) to provide insurance for users of its car sharing platform. Drivy, a car...
Billionaire Chief of SoftBank Bets on Autonomously Driven World: Opinion February 13, 2018 By Alex Webb, Bloomberg Gadfly It has almost become a refrain: just what is Masayoshi Son up to? After plowing money into companies as diverse...
Distributed Social Proof Insurance: The Next Industry Game-Changer? February 12, 2018 By L.S. Howard InsurTech startup InsurePal (now known as VouchForMe) is developing an insurance platform that aims to revolutionize the industry’s model for...
Edison Motor Launches on Volante’s New UK-Based MGA Platform January 19, 2018 Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Edison...
UK Auto Insurer Direct Line Offers Tesla Drivers 5% Discount if They Use ‘Auto-Pilot’ December 4, 2017 By Noor Zainab Hussain Britain’s largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the...