Grappler’s Post

To support and promote continued innovation across the UK insurance sector, the Association of British Insurers (ABI) and Insurtech UK have signed a Memorandum of Understanding (MoU). By signing this MoU, they agree to bring together their shared understanding and experience on such topics, co-ordinate views and liaise on event opportunities. Hannah Gurga, ABI Director General, said: “Innovation and harnessing the best of technology is crucial to maintaining our sector’s competitive edge. This MoU will bolster our working partnership with Insurtech UK so that we can continue to drive growth in the UK insurance industry to the benefit of our members and their customers.” Melissa Collett, Insurtech UK CEO, said: “Technology is clearly at the heart of all insurtech start-ups. Equally, the desire for greater innovation and collaboration between insurtechs and insurers is a core focus for Insurtech UK; which will help drive up the consumer experience and choice available in the market. We look forward to working closely with ABI to leverage our collective resources, to create opportunities for our members and to help deliver innovation to our ecosystems.” https://lnkd.in/gCFNHiV5 #OpenInsurance #EmbeddedInsurance #Insurance #Insurtech #Partnership

🚀 The Insurtech Boom in The Middle East 🚀 We’re excited to share that our Co-Founder and Managing Director, Jonathan Cooper, was featured in the latest edition of Middle East Insurance Review (MEIR)! In the article, Jonathan discusses the significant challenges posed by legacy systems in the insurance industry. He explains how WIS Group Ltd is bridging the gap by enabling insurers to move beyond outdated systems and deliver modern, personalized, and digital-first insurance experiences faster and more efficiently. Thank you to Middle East Insurance Review for the opportunity! #Insurtech #DigitalTransformation #InsuranceInnovation #WISGroup #EmbeddedInsurance 📖 Read more in Middle East Insurance Review.

Have you got what it takes to impress Debora Dalleva and the rest of our judging panel? If your multinational team have been doing some great work and you'd like to celebrate them then a great way to do so is enter the #AxcoAwards. There are a number of categories available and entry is quite straightforward. So if you want to be in with a chance of celebrating on the night, don't delay though as the deadline is November 15th! Check out the categories and start the entry process here: https://bit.ly/3ZGJqJ7 #MultinationalInsurance #GlobalInsurance #AxcoAwards #TokioMarine

Navigating insurance distribution through strategic partnerships 🧭 Quentin Colmant, our CEO and Co-founder took the stage last month at Insurtech Insights for the panel ‘Leveraging partnerships in distribution’, hosted by Lisa Wardlaw (360 Digital Immersion ), alongside industry experts Masashi Namatame (Tokio Marine Group), Dan Bratshpis (INSHUR) and Domingos Bruges (Habit). Together, they explored how partnerships between traditional insurers and insurtechs can level up embedded insurance distribution to meet consumer demands, decrease costs and better care for end customers. So if you’re wondering whether risk carriers and insurtechs are friends, enemies or something in between, Quentin makes the case for why we’re better together 🤝 See what he has to say below or read the blog post for the full panel recap 👉 https://qovr.me/4aXMjKq #ITIEU2024 #InsurtechInsights #EmbeddedInsurance #Insurance #Insurtech #EmbeddedInsuranceOrchestration #SuccessEnsured

Next week, we will be at ANZIIF's Australian Insurance Industry Awards as a finalist in the best "Service Provider to the Insurance Industry" category. One of our many client-centric innovations, highlighted in our submission, was the creation of our flat-fee Building Validation service (via Crawford Contractor Connection). In response to a move by insurers to increase builders’ delegated authority, our validation service allows insurers to form a quick view about builders' proposed Scope of Works, quality and costs. Contractor Connection statistics show that, on average, for every dollar spent on our validation services, clients gain $11 in building cost savings. We average a 5.6% cost reduction on original quote values. To find out how Contractor Connection's validation team could be supporting you (and your bottom line), reach out to Tim Butler, James Merchant or Allison Watts. #ContractorConnection #insuranceclaims #ANZIIF #CrawfordAustralia #insuranceawards #claimsmanagement #buildingvalidation

It is great to announce our association with BIBA, to further extend GeoSmart Information's commitment to serving the insurance market with flood and climate change data insights. This brings us closer to the important UK broker market, where there is an ever growing need for understanding flood risk for insurance decisions. I will be attending the BIBA conference in Manchester next week and I hope to see some of my contacts there and to meet new collaborators. Do let me know if you plan to be there and if you would like to discuss. #BIBA #BIBA2024 #floodrisk #floodinsurance #insurancebroker #climatechange

Have you heard?? There's still time to get your entry in for the 2025 #AxcoAwards!! Due to popular demand, we have extended the deadline to November 29th. If your team has been delivering some great work that you would like to celebrate then please consider making a submission. Our fantastic judging panel - including Alex Gedge from Hylant - want to hear about what you've been up to! Check out the categories and start the entry process here: https://bit.ly/3ZGJqJ7 #MultinationalInsurance #GlobalInsurance #Hylant

Moving from competition to collaboration. Panellists at Digital Insurance Summit Europe discuss how the right insurtech partnerships can bridge CX gaps, drive efficiency gains and achieve agility. “The innovative minds of insurtech really challenge the box mindset of traditional insurers” Rosie Denée, #LloydsLab Accelerator. “We must balance the age of innovation with our classic reliability” Bessem Ayari, ERGO Group AG #digitalinsurance #digitalinsurancesummit #insurance

Excellent to have you on board as a judge Pete King! If you want to celebrate your teams achievements then there is still time to get your entries in - due to popular demand we have extended the deadline to November 29th. Join us at the 2025 #AxcoAwards! Check out the categories and start the entry process here: https://bit.ly/3ZGJqJ7 #MultinationalInsurance #GlobalInsurance

Every journey to success begins with a single step. Let yours begin by starting work on your #AxcoAwards entry today