Why is Lloyd’s losing out on Insurance Technology Innovation?
While the founder of Lloyd’s might be amazed by how far Lloyd’s of London has come in a little over 300 years, the insurance market is no longer the pioneer of the industry that it once was. It is now lagging behind in this age of constant insurance technology innovation. In the 1600s, Edward Lloyd made […]
Customer Story: Accelerate Underwriting Ltd™ and Insly Launched an MGA Trading Platform for Complex Non-Standard Insurance
Accelerate Underwriting – a Specialist MGA Founded in 2015 and based in London, Accelerate Underwriting Ltd™ is a specialist Managing General Agent (MGA) offering bespoke niche insurance products, mainly focused on property and casualty business, covering a multitude of trades. Partnering with Insly Transacting non-standard insurance is complex, but through the use of data and customer insights, Accelerate have built products which […]
The Future of the Insurance Broker in a Digital Age
What will be the future of the insurance broker in a digital age? There is nothing certain but the uncertain. Nowadays, we can hardly keep up with all the changes that are taking place at social, technological, economic, environmental and political level. Everything is affected by the digital age, particularly the insurance industry. The digitization […]
What are the InsurTech Trends for 2016?
Geert Matthys from Deutsche Bank points out three fundamental trends about fintech: connectivity, simplification and personalization. Connectivity is about anyone or anything being able to interact, trade or exchange information anywhere and anytime. Technologies such as APIs and the Internet of Things are enablers. Simplification is about reducing complexity. There are many processes and technologies […]
Customer Success Story: How BDB and Mithras use Insly to distribute insurance products in different countries?
BDB is a fully independent wholesale Lloyd’s Broker operating since 1993, and MITHRAS is the underwriting clone of it. They are selling products to different brokers in different countries, so their role is to design better insurance solutions for their clients and develop efficient systems to distribute the products, as well as provide information to […]