Mobility, earthquakes and risk aggregation

Twitter icon
Facebook icon
LinkedIn icon

With 3 public holidays falling in May this year, we wondered if personal insurance claims increase with more people travelling, doing DIY or taking part in adventurous days out. We couldn’t find data on that, but according to Simply Business, 75% of small business owners work over public holidays, increasing the risk of stress-related illness, so be warned.

PODCAST: To see is to understand - Podcast 241

This week, Matthew Grant joins Jacqueline Legrand, Co-founder and CEO of Maptycs. Topics discussed include how managing aggregation is vital for successful underwriting, as well as how to build a platform that brings together different data sources.

EVENING EVENT: Insuring the future of mobility - how technology is changing the market, CodeNode, 23 May, 4:30pm BST

Join us to learn about advances in technology and the new data designed to make vehicles more autonomous and environmentally friendly. Manufacturers and insurers need to evolve to provide new products to customers who will consume in different ways.

ROUNDTABLE EVENT: The future of insurance fraud investigation, Duck & Waffle, 24 May, 3:00pm BST

Join Matthew Grant and Martyn Griffiths, UK Lead at FRISS, to understand the current trends, opportunities and capabilities that are improving the efficiency, accuracy and productivity of fraud investigators.

REPORT: Corporate earthquake risk: the potential for building-specific risk transfer

As more corporates choose parametric insurance to cover their earthquake exposure, our report, released in partnership with Safehub, looks at how parametric earthquake insurance works and how sensor technology can provide a building-specific trigger for parametric policies.

SPOTLIGHT: Mulberry Risk, Aventum Group: helping MGAs secure, manage and protect capacity

Insurance capacity relationships are essential for MGAs. David Hughes, Founder and CEO of Mulberry Risk, an Aventum Group company, spoke to InsTech’s Henry Gale about how to overcome challenges in securing and managing capacity relationships. They also discuss Ada, Mulberry Risk’s Artificial Digital Actuary platform, which helps MGAs access actuarial services.

InsTech’s Parametric Post - two years on

We launched the Parametric Post newsletter two years ago. Nearly 1,500 of you are from more than 68 countries and 700 companies now track the latest parametric insurance news and insights every two weeks.

What's on at InsTech?

We’ve got a busy series of breakfast, daytime and evening events coming up over the next few months - see below for the confirmed schedule and links to registration.

EY partners with EIS Group to support insurance transformation

EY has announced a collaboration with EIS, an insurance platform provider, to help clients in implementing and integrating EIS' cloud-native, digital insurance platform.

Markel International continues digital transformation with Phinsys adoption

Markel International has adopted the Phinsys platform as part of its drive to enhance its finance and actuarial processes which will increase operational efficiencies.

Cytora and CyberCube partner to improve cyber risk insights

Cytora has joined CyberCube's ecosystem of data and insights providers that will give underwriters the ability to better identify cyber risks, potential threats and vulnerabilities.

Fadata Group releases new low-code core platform

Software solution provider Fadata has launched a new version of its end-to-end insurance platform, INSIS, with an open environment and improved update speeds.

Kroll launches Commercial Property Valuation Platform

Global risk solutions provider Kroll has launched the company’s first end-to-end Commercial Property Valuation Platform to support the placement of insurance.

MAPFRE sees premiums grow 19% in Q1 2023

MAPFRE's Q1 2023 results are now live, showing that its revenue is up 21% and stands at over €9.1 billion after premiums reached nearly €7.8 billion in the first quarter.