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By Bits enables insurance firms to transform customer experience and meet the growing demand for usage-based insurance Innovation news in the motor insurance industry today with the launch of By Bits, a new technology platform  aiming to transform the customer experience and bring fair and transparent pricing to drivers.  The new platform enables motor insurance providers to create i...
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Could insurtech unlock your business? Insights from our panel event with Insurtech Gateway on how re-framing your business as an insurtech could unlock your business' true potential The UK’s insurance sector has seen huge growth in recent years and more and more innovative startups are emerging in the insurtech space. What is particularly exciting however is the potential that insurtech o...
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The innovative car management app, Caura releases a new insurance product to help reduce the cost and time taken to insure a car Managing your car insurance just became a whole lot easier thanks to Caura, the car management app for every drivers’ needs. It has just launched Caura Protect - a new insurance product that significantly reduces the cost and time taken to insure a car. Now, Cau...
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If you plan to use your car for your business, you'll need business car insurance - here are some of the key things to consider Do you make use of cars as part of your business? If so, this will mean researching into a different type of insurance than ones used on vehicles for personal use. Usually these could be costly, but in the long run more extensive cover could lead to overall cost saving...
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The insurance that's powered by the cycling community...  No one can surely be a big fan of insurance companies? They are generally thought of the world over as the soulless entities you must pledge money to in return for the vague idea that if anything should happen, you might possibly be somewhat protected from having to pay even more for repairs... But insurance does work, and ...
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€1.6m raised by innovative insurtech startup Koala to help with growth plans, team expansion and new product development Great news for Koala, the Paris-based insurtech startup with the announcement of an investment of €1.6m, led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures, and private investors.Koala is on a mission to reinvent tr...
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Bluesona and Bosch form strategic partnership to tackle the problem of distracted driving caused by mobile device usage Great news today for Northern Ireland based InsurTech company Bluesona which has just announced a new strategic partnership with German firm Bosch Connected Devices and Solutions (BCDS). BCDS is a fully owned subsidiary of Robert Bosch GmbH and is a globally leading sensor-dev...
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Data Tech startups, take note! Lloyd’s are keen to hear from startups who can find and tap into alternative data sets to paint a more accurate picture of risk and help the insurance market underwrite more profitably.  A couple of weeks ago we highlighted that applications were open for the fifth intake of the Lloyd’s Lab - initially with a focus on short, medium and long-term COV...
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Major investment for innovative InsurTech company, By Miles Good news for By Miles, the UK’s first real-time pay-by-mile car insurance provider, that has successfully raised £15m in a Series B funding round led by CommerzVentures. Existing By Miles investors Octopus Ventures, Insurtech Gateway and JamJar investments also continued their support committing further investment.The insu...
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When establishing your company, you and your insurance broker likely went over the types of coverage that were appropriate for your industry. Having flood insurance is smart and even required for individual businesses located in the Mississippi River area. For California company owners, fire insurance coverage is critical due to wildfires that frequently break out there. In the current internation...
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