Inzura.ia, the UK based InsurTech, has appointed Andrew Bennett to Business Development Director for UK and Europe.
Andrew was previously Director and Co-Founder of ITS Telematics Solutions. Prior to that he was a Director for nearly six years at Coverbox and was a founding member of the insurethebox telematics broker start-up team. He has almost 20 years’ experience in the General Insurance industry, acquired with market leaders such as Allianz, BGL Group, Direct Line and General Motors subsidiary MICL.
Richard Jelbert, CEO of Inzura, comments: “We’re privileged to have Andrew on board at Inzura; he is one of the industry’s leading names in telematics and his experience in the motor market particularly reads like a ‘who’s who’ of insurance. We’ve known Andrew for years and have wanted to work together for a while, so we’re excited now to have that opportunity and to explore his extensive experience and network in personal lines, IoT and telematics technologies.”
Andrew regularly speaks at industry events across Europe, China and North America on Digital Insurance, connected car, IoT and Telematics. During the last eight years he has led teams that established two telematics/IoT insurance brands. He also set up a Telematics Solutions business (PaaS TSP). He has pioneered the use of Artificial Intelligence and Machine Learning for use in Risk Scoring, Fraud Detection and Crash Notification, resulting in further significant loss ratio improvements.
Andrew Bennett comments: “Working with Inzura was an opportunity too good to miss. There’s nothing more professionally rewarding than using your experience to see new businesses with exciting propositions grow and flourish. Inzura works with brokers and insurers to deliver enhanced digital versions of their insurance products through smartphone apps, leveraging telematics, integrated dashcams and artificial intelligence (AI). With some solutions deliverable in just 6 weeks and customers already achieving over 30% improvements in loss ratio, together with a 100% growth target in two years set for the company, Inzura is the new InsurTech on everyone’s lips. I’m excited to be a part of the success story.”
Richard Jelbert continues: “Digital transformation is underway across the insurance industry and we make this process as rapid and simple as possible. Our products engage policyholders and monetise data. We are currently working with global insurance brands and brokers to cut their operating costs and improve risk by leveraging data, Artificial Intelligence and engaging smartphone apps, and we do all this without having to replace legacy systems. We’re on an exciting journey and I’m delighted to welcome Andrew to the team.
For more information on Inzura, please contact:
SJ Wrigley, Spotlight Consulting, at email@example.com or on +44 (0)7909546104
About Inzura – www.inzura.ai
Inzura.ai is an InsurTech company that helps insurers and intermediaries quickly deploy advanced smartphone centric digital insurance products to maximise user engagement and company profits. Inzura supports a one-app multi-insurance-line approach to enhance existing insurance products, as well as a flexible on-demand engine for new insurance products and business models. The Inzura Digital Insurance Platform is a flexible product delivery engine and includes; white-label native apps for Android and iOS, operational infrastructure, app-based telematics / UBI, a digital media vault with photo recognition powered by advanced machine learning and AI.
Since its launch in December 2015 Inzura.ai has rapidly made a name in the emerging digital transformation space with Analyst firm Ptolemus ranking Inzura at number 3 in Europe (UBI Technology Service Provider 2018), and Digital Bridge listing Inzura as a Key Market Competitor (top 25) in their report on digital Insurance Platform providers in 2019. Inzura continue to innovate and recently announced its integrated Telematics and Dash Cam solution via its partnership with MiTAC Digital Technology Corporation (MDT) of Taiwan, the world’s largest dash cam manufacturer.