Space insurtech Birds Eye View to target SMEs with severe weather event products

James Rendell BirdsEyeView

Insurtech startup Birds Eye View has closed a seed funding round led by SFC Capital, with the funds matched by the European Space Agency.

Birds Eye View uses artificial intelligence and satellite data to structure insurance solutions for severe weather events. It was part of the seventh cohort of the Lloyd’s Lab initiative, which was

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Lack of trust in telematics hampering potential

After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.

Q&A: Simon Axon, Teradata

Simon Axon, global financial services industry director at Teradata, explains how general insurance providers are lagging behind banks in making the most of their data and why Amazon’s style of operating should inspire boards to back investment in digital transformation.

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