InsureTech

Zego Secures European Broking Licence

Zego, the UK’s leading new mobility insurance provider, has become the first UK insurtech to secure a European broking licence. Awarded by the Dutch regulator AFM, the licence provides a foundation for the company’s continued […]

Insurance Brokers

Deals: Verlingue Acquires Luso Atlantica

Verlingue, the insurance brokerage subsidiary of the Adelaïde Group, announces the acquisition of Portugal’s 5th largest independent insurance broker, Luso Atlantica. With this new acquisition by its subsidiary Verlingue, the Adelaïde Group is continuing to carry […]

Global insurance trends

Forrester Customer Experience Survey Reveals Mixed Results

According to Forrester (Nasdaq: FORR), the quality of CX across European auto and home insurance providers is mediocre. With the industry’s low-touch engagement model, channel complexity, and price sensitivity, leading insurers struggle to elevate customer experience. Forrester’s […]

Global insurance trends

MAPFRE Updates Solvency II Position

MAPFRE has updated the calculation of its Solvency II position as on March 31, 2020, following a request from the General Directorate for Insurance and Pension Funds, and within the framework of the Recommendations on […]

News

EU: Consumers CAN Demand Cash Refunds After Corona Cancellation

Big news. Despite months of lobbying the EU has rejected the travel industry’s collective pleas to force consumers to accept vouchers, rather than cash refunds on cancelled flights and holidays. Here’s the official word from […]

Insurance & Reinsurance

Opinion: Insurtech Isn’t a Magic Bullet for Legacy System Users

This week is European InsurTech Week, bringing together over 1,000 senior decision-makers from leading insurance companies to discuss the critical issues affecting the industry and the future of insurance. No doubt legacy players are on […]

Global insurance trends

Aon Deploys More Connected Corporate Structure, New Senior Hires

Aon plc (NYSE:AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, is accelerating alignment and momentum around its Aon United growth strategy with a series of actions that […]

Investment

Munich Re & Swedbank Go Live on Insurance Business Platform

Munich Re Automation Solutions Ltd, a leading insurtech specialist and subsidiary of the Munich Re group, has announced the successful implementation and go-live of its digital underwriting solution, ALLFINANZ, by Swedbank Försäkring. The successful installation […]