When ransom is cheaper than paying the potential cyber claim
Cyber insurers are opting to pay off hackers in ransomware attacks instead of attempting to restore backup files, according to an...
About Me
Jack is an associate at MTech Capital where he invests in insurance technology businesses in the US and Europe.
Before joining MTech Capital, Jack Prescott spent 4 years with CIL Management Consultants, where he supported leading private equity investors and corporates on financial services and technology transactions. Jack graduated from Oxford University with a BA/MA. He is based in London.
Jack Prescott's Passles
An InsuranceTech Venture Fund
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Should insurers be selling cover for faulty AI models?
Who is liable if a self-driving truck runs over a pedestrian? What if a black box loan underwriting model rejects an applicant as a...
COVID-19 offers silver lining for cloud vendors
The near-term outlook for most sectors of the economy is bleak as social distancing measures shutter the travel, hospitality and...
Coronavirus drives electronic risk placing at Lloyd's
Lloyd's of London has a vision for digital technology. Its own ambitious plan to modernise operations called "Blueprint One" and the...
MTech Capital invests in Akur8, bringing explainable AI to insurance pricing
We are very pleased to announce our investment in Akur8, a provider of next generation actuarial software to the P&C and health...
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