Damisola Sulaiman

London

Senior Reporter at Insurance POST

writer • she/her

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Articles

Q&A: Dave Connors, Distribind

1 week ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Dave Connors, CEO and founder of Distribind, speaks to Insurance Post about the insurtech’s goal of “curing the insurance industry of its spreadsheet addiction”. He highlights some of the limitations of this goal and how flexibility is the key to bringing it to fruition. What is your career background and how did it lead you to launch Distribind?
Marshmallow valued at $2bn after $90m raise

1 week ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Marshmallow has raised $90m (£68.1m) of funding, putting the firm at a valuation of over $2bn (£1.5bn). The investment came from Portage, BlackRock and Columbia Lake Partners and was a mixture of equity and debt from funds managed by BlackRock and CLP.
Brokers struggle with AI as digital basics found lacking

2 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Insurance brokers are falling behind in artificial intelligence implementation due to limited digital readiness, according to Paul Kershaw, UK enterprise sales manager at Novidea. Speaking to Insurance Post, Kershaw argued that AI has “very specific” uses in the insurance architecture, and it has not been the “all-encompassing” solution it was touted as a few years ago.
BCG reveals how top insurers use AI for competitive edge

2 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Boston Consulting Group has identified the ways “forward-thinking” insurers are using artificial intelligence in underwriting, claims, sales, customer service and IT to gain a quantifiable competitive advantage.
Careless to target influencers with cyber product

2 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Newly launched lifestyle insurance brand Careless plans to create an individual cyber insurance product targeted at influencers. Speaking to Insurance Post, Careless director and co-founder Scott McKenna shared the firm’s plans for future products following the launch of its personal belongings policy on 2 April.
Earnix CEO warns against ‘either/or’ AI strategy

2 weeks ago | postonline.co.uk | Damisola Sulaiman

End of drawer navigation content Earnix CEO warns against ‘either/or’ AI strategy Choosing between generative AI and traditional machine learning could prove limiting, says Earnix CEO Robin Gilthorpe, who is urging insurers to harness both to unlock a powerful springboard effect. Speaking to Insurance Post, Gilthorpe shared there are overlaps in use cases for both forms of AI but for the most part they are good at different things.
AI could lower the bar for start-up insurtech founder expertise

2 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Artificial intelligence could enable more insurtech start-up activity from founders with insurance backgrounds, as opposed to tech expertise. This is according to Igno van Waesberghe, managing director of Aquiline, a private investment firm that specialises in financial services and technology..
Insurers struggle to move AI from testing to deployment

3 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Roots has found that while 70% of insurance executives are actively testing or exploring AI solutions, fewer than 22% have advanced to full production.
Rokstone and Allianz make five-year capacity deal

3 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page Allianz Commercial has extended its partnership with Rokstone through a five-year capacity arrangement.
ManyPets expects to post profit after £31.4m loss

3 weeks ago | postonline.co.uk | Damisola Sulaiman

Tweet Facebook LinkedIn Save this article Send to Print this page ManyPets expects to post a profit for the last few months after making a £31.4m loss in the year to 31 March 2024. Speaking exclusively to Insurance Post, CEO Luisa Barile confirmed the business has been profitable this year after restructuring the business over the last 18 months.