Insurance Archive

Why Hurricane Irma might be good for the insurance industry

Could the Lloyd’s insurance market actually welcome Hurricane Irma? It sounds unthinkable but there is a school of thought that some on Lime Street, home to the world’s most famous insurance market, will quietly take grim satisfaction from what has happened. Not from the death, destruction and misery that Irma has wrought, of course. Yet

What do chatbots and automated quotes mean for brokers?

This week, in potentially troubling news for brokers, Co-opInsurance revealed a car insurance chatbot that can give prospective policyholders an estimate via Facebook Messenger in less than half a minute. But while the move is one that seems at odds with the intermediated channel, the CEO of one insurtech firm says that there is still room for brokers