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From data sharing, new insight sources, pricing, risk quantification, product development, next generation claims, through to reducing the burden of compliance and regulation, insurance industry focused tech startups are currently being sought after to join Lloyd's Lab cohort 3. Lloyd’s Lab is the fast-track experimental environment where new concepts, ideas and products can be tested with ...
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Anorak - The lowdown on the InsurTech startup which is on a mission to disrupt the life insurance sector... Whilst we all generally insure our homes and cars without fail, when it comes to insuring ourselves, some of us tend to be a little more lax. Life insurance is often something that we just put off. Of course if and when we eventually get round to it, it can be a real challenge figuring...
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Startup or SME? InsurTech startup Nimbla has been created just for you and is on a mission to provide smart cover for small business As any business owner will vouch for, the issue of credit control is a major challenge. Chasing payments is not only time-consuming but it’s also often unsuccessful. Whilst this is an issue for all businesses, it is even more of an issue for small businesses s...
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Homelyfe - The lowdown on the InsurTech startup that puts customers first and is “using technology to make insurance simple." As we all know, dealing with insurance companies can be both frustrating and time consuming. Whether it’s buying a policy initially or when it comes to processing a claim. Recognising this as an issue, our latest startup of the week are on a mission to help.Hom...
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HealthyHealth are on a mission is to build a preventative rather than reactive healthcare system for customers, encouraging healthy behaviour through an algorithm and research data predicting one's risk for medical conditions based on their lifestyle data. Health and insurance are intrinsically linked. TrackActive which uses a chatbot and artificial intelligence to diagnose musculoskeletal probl...
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TrackActive, a London-based healthcare & InsurTech company, launches its AI-powered 'physio in your pocket' app that aims to change the way people seek help for pain in their joints, necks and backs. Of all health conditions in the UK, musculoskeletal conditions are the leading cause of people living for years with disability. It also has strong links to mental health – people in persis...
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Insurtech startup By Miles, the UK’s first real-time pay-per-mile car insurance provider, has successfully raised £5m in a Series A funding round led by Octopus Ventures. By Miles is a UK startup that provides pay-as-you-drive car insurance to those who drive fewer than 7,000 miles a year. Drivers pay a small upfront sum for an annual policy and are then billed at the end of...
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Insurtech startup DeadHappy officially launched this week, bringing the UK’s first fully digital pay-as-you-go life insurance to consumers. The company is on a mission to make it simpler for everyone, particularly the 8.1 million Brits who don’t have life insurance, to get protection that meets their needs at the right price. There's InsurTech disruption in pretty much all a...
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A look at Panzly, the innovative InsurTech startup that's created the 1st flight insurance for delays or cancellations with automatic and immediate payouts. Most of us have experienced delayed flights or even cancelled ones. It is annoying, inconvenient, and costly. Not only does it often mean paying out more for hotels, taxis, or just another drink while we wait, but airlines do their best to ge...
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The lowdown on InsurTech startup Waggel that's created an innovative new digital pet insurance for pet people... If you’re a responsible pet owner, chances are you will have purchased pet insurance to provide cover for your beloved pooch or moggy. And if you haven’t, then perhaps you should! After all, pet ownership can be a costly business and if your pet requires emergency treatment...
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