Legal & General Announces New Partnership with Technology Partner Slice Labs to Roll Out ‘On-Demand’ Homeshare Insurance
Legal & General, the FTSE 100 financial services group and leading home insurance provider, has today announced a new technology partnership with Slice Labs Inc with the aim to offer a new on-demand homeshare insurance proposition for customers.
The last few years has seen an increase in the popularity of on-demand insurance which allows customers to use a mobile app to purchase insurance to protect their personal belongings, car, or home when ‘at risk’.
On-demand insurance offers customers flexibility of cover that is easy and convenient to buy and paying only for what they need when they need it.
The partnership with Slice Labs Inc is another step in Legal & General’s commitment to invest in new technology and intend to use Slice Labs Insurance Cloud Services™ (ICS) platform to roll out on-demand homeshare insurance and other products to their customers. Founded in October 2015 Slice Labs provides tailored insurance offerings for home sharing costs.
The two companies are, working together on the development of web and mobile applications, as well as using big data, AI, and machine learning to develop the homeshare product.
Cheryl Agius, CEO of Legal & General’s Insurance division said, “Our new partnership with Slice will allow us to use the latest technology that is fundamentally changing the way people buy insurance. Customers who share their homes such as through Airbnb want to buy insurance quickly and easily and when they need it. This insurance proposition is part of our strategy to continue to transform insurance with data and technology led solutions that enhance customers’ experience.”
Tim Attia, CEO of Slice Labs said, “We’re honoured to be working with one of the UK’s largest insurance groups, as they leverage our ICS platform. The UK homeshare market is in desperate need of on-demand insurance so we’re proud to work with L&G to bring it to fruition. We view this initial project as a gateway to the development of other on-demand and more traditional insurance products”.
NOTES TO EDITORS
The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.
ABOUT LEGAL & GENERAL
The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 30 June 2017, the total value of assets across the group was £951.1 billion, including derivative assets. We also had over 9.5 million customers in the UK for our life assurance, pensions, investments and general insurance plans.
Slice Labs Inc. is a startup technology company offering a cloud-based, on-demand, pay-per-use insurance platform used to quickly and easily deploy new insurance products that perform vastly better, offer deeper customer engagement, and present a wider array of options for customers. Slice is reimagining insurance through design, data, and technology. To stay up to date with Slice, visit http://www.slice.is and follow @SliceLabs on Twitter.
Further Information (Journalists Only)
Legal & General
Alyson Bowcott, 07764 582574
Emily Kosick, 212-380-1849
Managing Director, Marketing
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
Villa Built as a ‘Private Museum’ in Lucca, Tuscany to Sell at Auction without Reserve via Concierge Auctions26.4.2019 16:12:00 EEST | Tiedote
Leading global marketplace Concierge Auctions is to sell Villa Angelina, an expansive villa and estate overlooking the picturesque walled city of Lucca, Italy. The property has been meticulously built with great expense, care and attention to detail in creating a private home suitable to display the owner’s collection of art masterpieces. As a result, it offers the highest level of contemporary design. Initially listed at €28million, Villa Angelina will sell without reserve to the highest bidder on 30 May. Bidding will open on 28 May. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190426005306/en/ (Photo: Business Wire) Villa Angelina offers 29,600 square feet (2,750 square metres) of accommodation within the main house, in addition to a further 12,700 square feet (1,180 square metres) of terraces. The light filled interiors include three large reception rooms, three master bedroom suites, a catering kitchen, office, cinema,
P&G Partners to Improve Environmental Impact and Smallholder Livelihood in Palm Oil Supply Chain26.4.2019 16:00:00 EEST | Tiedote
In celebration of Earth Week and to further its commitment to drive a more sustainable future, the Procter & Gamble Company (NYSE:PG) announced a new collaboration with Malaysia Institute for Supply Chain Innovation (MISI), International Plant Nutrition Institute (IPNI) and Yara International to help improve the livelihood of smallholders within the P&G palm supply chain in Malaysia. After a successful pilot ran between 2015 and 2018, the Company is expanding the program that partners with independent palm oil smallholders to increase their overall fruit yields through the training and implementation of best-in-class, and more sustainable agricultural practices. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190426005048/en/ To further our commitment to drive a more sustainable future, P&G has announced a new collaboration with MALAYSIA INSTITUTE FOR SUPPLY CHAIN INNOVATION (MISI), INTERNATIONAL PLANT NUTRITION INSTITUTE (IP
5 Modern Residences That Preserve and Showcase Artisanship26.4.2019 15:55:00 EEST | Tiedote
HONG KONG: K11 ARTUS This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190426005291/en/ Mr. Adrian Cheng, Founder of K11, Executive Vice-Chairman and General Manager of New World Development with Ms. Joyce Wang, internationally acclaimed interior designer for the K11 ARTUS penthouse. Following the launch of the hotly anticipated Rosewood Hong Kong in the art and design district Victoria Dockside, entrepreneur Adrian Cheng will unveil K11 ARTUS in the third quarter of this year, marking his fledging K11 group’s first luxury residence for rental, one with a social agenda to preserve fast-disappearing traditional craftsmanship. In the communal spaces is where the artisanal-living concept is truly apparent, filled as they are with pieces that have been produced in collaboration with K11 Craft & Guild Foundation, the latest of Cheng’s cultural initiatives, which seeks to protect craftsmanship techniques from the Ming and Qing dynast
Velodyne Expert Addresses How Lidar Boosts Business Value of Mobile Mapping Applications26.4.2019 15:00:00 EEST | Tiedote
Frank Bertini, UAV and Robotics Business Manager at Velodyne Lidar, Inc. (booth #1420), will deliver a featured presentation on the business cases for 3D lidar technology in mobile mapping applications at AUVSI XPONENTIAL 2019, taking place on April 29 to May 2, at McCormick Place in Chicago. Bertini will discuss revenue-generating strategies created by adding lidar to drones, backpacks, and all-terrain vehicles (ATV) to build autonomous solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190426005065/en/ Velodyne lidar sensors help systems developers by providing rich computer perception data that enables high-performing mapping systems in a lightweight, versatile solution. (Photo: Business Wire) Bertini’s session, “Emerging Autonomous Applications for 3D Lidar,” will provide a technical overview of industrial applications for lidar onboard unmanned systems. The presentation focuses on emerging use-cases which are cre
Celgene Corporation and Acceleron Pharma Announce Submission of Luspatercept Marketing Authorization Application to the European Medicines Agency (EMA) for MDS and Beta-Thalassemia26.4.2019 14:30:00 EEST | Tiedote
Celgene Corporation (NASDAQ: CELG) and Acceleron Pharma Inc. (NASDAQ: XLRN) today announced that Celgene has submitted a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for luspatercept for the treatment of adult patients with very low to intermediate-risk myelodysplastic syndromes (MDS)-associated anemia who have ring sideroblasts, require red blood cell (RBC) transfusions and have received or are not eligible for erythropoiesis-stimulating agents, and for the treatment of adult patients with beta-thalassemia-associated anemia who require RBC transfusions. Luspatercept is an investigational erythroid maturation agent that regulates late-stage red blood cell maturation. The safety and efficacy results provided in the application are from the pivotal phase 3 studies MEDALIST and BELIEVE, evaluating the ability of luspatercept to effectively address anemia associated with MDS and beta-thalassemia, respectively. “As a first-in-class erythroid maturation ag
SES: First Quarter 2019 Results26.4.2019 09:00:00 EEST | Tiedote
SES S.A. announced its financial results for the three months ended 31 March 2019 with revenue and EBITDA in line with company expectations and SES on track to deliver on its 2019 financial outlook. Continued focus on execution has delivered major wins in the Networks business which is soon to be enhanced with the addition of four new O3b satellites, successfully launched at the beginning of April 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190425005955/en/ First Quarter 2019 Results Key financial highlights Reported revenue of EUR 480.6 million, (down 2.3% at constant FX(1)) in line with SES’ expectations Underlying revenue(2) of EUR 473.9 million; down 3.1%(1) (Video: -7.3%(1,2) and Networks +5.4%(1,2)) EBITDA of EUR 290.1 million representing a margin of 60.4% (Q1 2018: 63.7%); 62.1% excluding restructuring charge Net profit attributable to SES shareholders of EUR 72.2 million Free Cash Flow before financing acti
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme