News

South East Sees Biggest Increases in Car Crime, Says RAC Insurance

More than 150,000 motor vehicles were stolen in Great Britain in the year 2018-19, 10,000 more than the year before and a 56% (54,932) increase compared to four years earlier, according to data analysed by RAC […]

Emerging Risk

Evertas Now Licenced for Crypto Assets Insurance

Evertas, one of the world’s first cryptoasset insurance companies, has received its licence from the Bermuda Monetary Authority to start operating from the jurisdiction.  It will operate as a ‘Class 3A’ insurer. Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss of cryptoassets, with a view to securing a […]

Global insurance trends

Evertas Calls For More Capacity on CryptoAsset Insurance

Evertas, the world’s first cryptoasset insurance company, says investment firms and exchanges focusing on cryptoassets could fail to meet the insurance requirements set by regulatory bodies because of a lack of capacity from insurers for covering these assets and a poor understanding of the risks associated with them. Evertas has analysed Hong Kong’s Securities […]

News

London is Still Car Crime Capital of UK, Keyless Entry Thefts Rising Too

Analysis of theft data recorded by the stolen vehicle recovery (SVR) expert, Tracker, reveals that London continues to top the list of regions where cars are most stolen and recovered. Neighbouring county Essex jumped back up to the number two […]

Insurance & Reinsurance

S&P Global Report Highlights Long Term Flood Risk in the UK by 2040

S&P Global has published a report that looks at the long term flood risk in the UK. Taking into account Met Office predictions on rainfall, the age of UK housing stock, automated claims systems, local […]

News

Sharing Economy Offers Huge Growth Potential, Says GlobalData Report

The growth of the sharing economy, a system in which assets or services are shared between private individuals, has been relentless, and it has shaken up the way the insurance industry has traditionally understood liabilities. […]

News

RAC Reaction to Government U-Turn on Smart Motorways

Suddenly, the penny seems to have dropped within the government regarding the obvious safety risks inherent in all-lane running motorways. After a damming MPs committee report, legal action being started against Highways England agency and […]