Thursday 28 January 2016

Insurers' profiling will change as autonomous vehicles hit the road, says expert

FOCUS: Insurers will place less reliance on the personal traits and behaviours of drivers and focus instead on the technical features of cars when setting car insurance premiums in the future.

Thursday 21 January 2016

More data sharing at heart of taskforce plans to tackle insurance fraud

Insurers should collaborate further on data-sharing initiatives aimed at reducing insurance fraud, according to a government-commissioned report.

Tuesday 19 January 2016

Insurers' tech-start up investment indicates growing importance of digital technology in the industry, says expert

The growing commitment insurers are making to investing in fledgling technology companies reflects the acceptance within the sector of the need to embrace new digital technologies, an expert has said.

Thursday 14 January 2016

Flood Re could deny cover to homeowners who fail to protect homes from flooding, chief executive suggests

Homeowners who fail to take steps to prevent their property from flooding could in future be excluded from the new government-backed affordable flood insurance scheme, the company's chief executive has suggested.

Tuesday 5 January 2016

FCA confirms that work on big data use in insurance market remains active

The Financial Conduct Authority (FCA) has not yet determined what action it will take in response to comments it receives about the way insurance companies use data, the regulator has told Out-Law.com.