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In the Spring Budget, chancellor Jeremy Hunt said he would also look to help the AI sector prosper in the next decade. -
At the InsurTech Insights Europe event last week, experts explored how AI is on the brink of being commoditised in underwriting.
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The insurance technology provider is expanding across the UK, DACH and France, after it reported a 71% increase in revenue in 2022.
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She will be responsible for providing strategic guidance for the organisation.
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For InsurTechs, the most significant feature of 2022 is that the narrative around ‘disruption’ seems to be “truly over”, Gallagher Re said.
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The funding round was led by Bling Capital, and included angel investors such as Vantage Risk CEO Greg Hendrick and CRC Insurance president Garret Koehn
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The InsurTech said it had raised its per occurrence limit by 32%.
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The InsurTech Corridor helps UK InsurTechs to prepare for entry into the US market.
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A regional focus has been adopted for the first time, with Lloyd’s Europe sponsoring efforts to tackle cyber and climate underinsurance.
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London carriers were bullish on the opportunity ahead and suggested new ways of working will continue to evolve.
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Artur Niemczewski has held leadership roles at WTW, Marsh, Asta and DXC.
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Cover Genius has grown GWP to nearly $1.1mn a day since its last funding round in September 2021.
