TechDay UK - The United Kingdom's technology news network

Insurance stories

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Low-mileage drivers save 10% less as usage-based insurance grows
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UK drivers logging up to 6,000 miles annually pay nearly 10% less on insurance, as usage-based models and telematics gain traction amid rising living costs.
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AI model boosts road safety & legal awareness for Australians
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Right2Drive has launched an AI-driven tool to boost Australian drivers' awareness of road safety laws, accident claims, and legal rights for improved safety and understanding.
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UK business leaders equate AI with utilities like water & energy
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digital transformation
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partner programmes
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ai
A survey finds 65% of UK business leaders rank AI as vital as water and energy, with 93% urging swift adoption alongside calls for thoughtful oversight.
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SmartHUB delivers cloud-native, secure archiving for compliance
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digital transformation
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Smart Communications launches SmartHUB, a cloud-native archiving solution enhancing data access, security, and compliance for sectors like finance and telecom.
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AI to create new roles as Nimbl predicts job growth not loss
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digital transformation
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cx
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martech
Nimbl predicts AI will create new job roles and growth, transforming the workforce with personalised services rather than causing redundancies.
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Datadog launches enhanced log tools for cost & compliance needs
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advanced persistent threat protection
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ai security
Datadog unveils enhanced log management tools helping firms cut costs and meet strict compliance, including long-term retention and local data storage options.
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DAS launches climate dataset for rural property risk in Australia
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risk & compliance
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cleantech
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insurance
DAS launches a new climate dataset to help insurers, banks and property firms manage long-term climate risks affecting rural Australia.
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Denodo earns Snowflake financial services competency
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digital transformation
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martech
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cdp
Denodo has earned the Snowflake Financial Services Competency, recognising its expertise in secure data management for banking, capital markets, and insurance.
Young new zealander using smartphone with travel insurance icons and plane background
AI reshaping traditional sectors like insurance & travel
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smartphones
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ai
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samsung
Artificial intelligence is revolutionising the way sectors operate, and embracing the technology is now essential for unlocking its full potential.
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AI accelerates identity fraud as firms overestimate defences
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fintech
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physical security
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ai
Significant rise in identity fraud targeting European firms, with 59% reporting more attacks despite 74% feeling confident in their defences, Signicat finds.
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Paragon acquires Service Graphics to expand marketing services
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saas
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cx
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martech
Paragon has acquired UK-based Service Graphics, enhancing its marketing services with brand activations, large format displays, and on-demand print expertise.
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How AI-infused Automation is Delivering the Next Frontier of Healthcare
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data analytics
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digital transformation
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it automation
AI-powered automation is revolutionising healthcare, speeding up patient appointments and improving care quality across NHS and other providers in the UK.
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TXP acquires Metatech to boost Gen legacy IT modernisation
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digital transformation
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it automation
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partner programmes
TXP has acquired Newcastle-based Metatech to enhance its IT automation expertise in Gen legacy system modernisation across multiple sectors globally.
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AI-driven cybersecurity shapes future of managed services
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data protection
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private cloud
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advanced persistent threat protection
CMTG stresses AI-driven cybersecurity is vital for managed services, enabling real-time threat detection to protect sectors like finance, engineering, and insurance.
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UK motor insurance switching rises as premiums stabilise
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insurance
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market competition
More UK motorists shopped around for insurance in H2 2024, with 25% switching providers, up from 20% in 2023 amid rising price competitiveness.
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Salesforce launches Agentforce AI agents for financial services
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digital transformation
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fintech
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cx
Salesforce launches Agentforce for Financial Services, offering AI agents to automate tasks and boost personalised client engagement in banks and insurers.
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General counsels turn to generative AI to manage compliance risks
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risk & compliance
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genai
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data privacy
A global study reveals 97% of general counsels now use generative AI to boost legal compliance and operational efficiency amid rising pressures.
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Cloudera enhances on-premises platform with new AI visual tools
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hybrid cloud
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data analytics
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ai
Cloudera launches AI-powered Data Visualization for on-premises use, boosting secure, collaborative data insights across hybrid and multi-cloud environments.
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Willis names Leah Mooney as Pacific consulting head for cyber risk
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physical security
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breach prevention
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risk & compliance
Leah Mooney has been appointed Pacific Consulting Leader for Technology, Cyber and Privacy Risk at Willis, bringing over 20 years of expertise to the role.
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BMW dealers launch in-house novated leasing for Australians
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cartech
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bmw
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insurance
Smart and BMW Financial Services now allow Australians to complete novated leasing for BMW and MINI cars directly at dealerships, simplifying the process.