Articles by Damisola Sulaiman
Instanda CEO 'taken aback' by rival tactics
Instanda CEO Tim Hardcastle has claimed “established” insurtech providers are far from “fair and open” when competing with his business for deals with major insurance companies.
Zurich to review family friendly HR policies
Zurich’s human resources and actuarial teams are conducting a review of its family friendly policies and benefits, Insurance Post can reveal.
Insurance market has rushed automation – survey
Many technology professionals at insurers and MGAs believe the market has rushed into automation, according to a survey by RDT Tech.
Axa and Zego reject generative AI for pricing
Axa and Zego have ruled out using generative artificial intelligence for pricing due to compliance concerns.
Sedgwick reveals how carbon neutrality was achieved in the UK
Insurers have approached Sedgwick for guidance on lowering their carbon footprints, after the loss adjusters achieved carbon neutrality in the UK.
Brokers aiming for net zero more than doubles in two years
The proportion of brokers taking steps to achieve net zero has more than doubled in just two years, according to research from Aviva.
Insurance experts propose using IPT to combat premium discrimination
Insurance industry professionals have proposed that the government use insurance premium tax to address the “poverty premium” and “ethnicity penalty” in motor insurance.
One in 10 claim images flagged for potential fraud
One in 10 images from claims have been flagged for fraud concerns, according to Kaye Sydenham, Verisk’s anti-fraud product manager.
Dive In opens inclusive manager campaign
Dive In, the insurance industry’s diversity, equity and inclusion festival, has invited nominations for managers making “outstanding” inclusion contributions.
McLarens reports data from 230 offices for sustainability certification
McLarens has collected carbon footprint data from 230 offices to become the first insurance sector company to gain the Planet Mark certification.
Protesters target Biba conference with street theatre
Greater Manchester Stop EACOP coalition chose to protest at the British Insurance Broker’s Association conference because the insurance industry is the “Achilles’ heel” of the fossil fuel projects it is campaigning against, according to member Martin…
Insurance influencer argues AI scares the ‘antiquated’ industry
The insurance industry is terrified of AI, which could delay its adoption in the insurance industry, according to Instagram insurance influencer TheHardMarket.
Insurtechs outpacing large insurers in using cloud cyber risk data
Big insurers in the cyber insurance space need to emulate insurtechs in adopting technology that can integrate cybersecurity-enhancing data from cloud providers, according to Monica Shokrai, Google Cloud’s head of business risk and insurance.
Gain urges neurodiversity inclusion in FCA D&I plan
The Group for Autism, Insurance and NeurodIversity has called on the Financial Conduct Authority to include neurodiversity as a category in its diversity and inclusion proposal.
Cytora to streamline ‘time-consuming’ data gathering within large fleets
Cytora has partnered with risk management platform SambaSafety in a bid to streamline workflows and improve risk selection of motor insurance for large fleets.
Keoghs and LV crash fraudulent street racer's claim
Keoghs and LV have saved £135,000 in a fraud case where the claimant was found to be street racing, and taking part in a joint criminal enterprise.
FCA warns against Tempcover clone targeting TikTok
The Financial Conduct Authority has issued a warning on fraudsters claiming to be FCA-authorised firm Tempcover, claiming to be the short-term insurance specialists on TikTok.
Hughub enters into administration
Insurance software provider Hughub has been placed into administration due to a lack of funding.
Peppercorn accelerates B2B deal after funding round
Peppercorn AI raised £1.25m more than anticipated in its latest funding round, allowing the firm to bring plans for its first B2B deal six to nine months forward.
Hughub CEO and former SSP director Jonathan Davey retires
CEO of Hughub and former SSP director Jonathan Davey has retired after a 36-year career.
UN creates NZIA replacement
The United Nations Environment Programme has replaced the now-discontinued Net Zero Insurance Alliance with a multistakeholder forum, although most former UK-based NZIA members have yet to join.
ABI unveils financial inclusion strategy
The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and suggests exploring ways to subsidise motor cover for some drivers.
Allianz increases fraud prevention as it partners with Clearspeed
After a 29% increase in fraud prevention in 2023, Allianz’s personal lines business has partnered with voice analytics tool Clearspeed to enhance its fraud detection capabilities moving forward.