Majority of UK insurers set to boost premiums following FCA pricing legislation

Research from Trustly has found 74% of UK insurance firms plan to widen premiums to all customers following the Financial Conduct Authority’s (FCA) recent pricing review.

How will the FCA’s price walking ban impact the insurance industry?

A recent whitepaper by InsurTech firm Akur8 has provided insights into how the Financial Conduct Authority’s (FCA) price walking ban could impact the insurance industry.

InsurTech for elderly The Helper Bees bags Series B

The Helper Bees, an InsurTech company aimed at helping elderly people avoid care homes, has raised $12.8m in its Series B funding round.

Blink and AwayCare to alleviate flight stress

InsurTech Blink Parametric has partnered with managing general agent (MGA) AwayCare to provide real-time flight disruption cover solutions in Canada.

InsurePay bags funding to support fellow InsurTech acquisition

InsurePay, a billing and payments platform for property and casualty, has closed its Series B funding round.

Hippo and Socotra join forces for HOA expansion

US InsurTech Hippo is leveraging its partnership with cloud-native core platform for insurers Socotra to expand its Commercial Lines homeowners association (HOA) insurance product.

KYND lands funding in cyber risk management mission

KYND, provider of pioneering cyber risk management solutions for the insurance industry, has today announced a £3.25m investment from BGF.

Duck Creek partners with Precisely for smarter underwriting

Duck Creek Technologies has expanded its partnership with big data software company Precisely to bolster smarter underwriting capabilities.

Marshmallow unveils Marshmallow Assist for roadside cover

InsurTech firm Marshmallow has launched Marshmallow Assist, an AA-backed program to provide roadside cover for its customers.

Digital underwriting: the race is now on

Insurance underwriting processes are undergoing a period of transformation. With the explosion of data and growing important of customer experience, insurers must act now.

News Stories

FCC chair calls for new policies around telecom data breach reporting

The chairwoman of the Federal Communications Commission (FCC) Jessica Rosenworcel has called for new policies around telecom providers’ reporting of data breaches.

UK’s Payment Systems Regulator releases 5-year plan

The UK’s Payment Systems Regulator has released its five-year plan to support the payment services.

Investing app Seashell launches from stealth after seed close

Seashell, which hope to create a consumer-first modern banking and investment platform, has launched from stealth after the closed of its seed round.

The PRA underlines 2022 supervisory priorities for international banks in the UK

The Prudential Regulatory Authority (PRA) has set out in a Dear CEO letter its supervisory priorities for international banks active in the UK for 2022.

The EBA issues new guidelines for resolvability

The European Banking Authority (EBA) has given institutions and authorities a 2024 deadline for new resolvability guidelines.

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