Technology

Near Space Offers Insurers a Unique View on Risk, Claims & More

Near Space Labs, the cutting-edge geospatial intelligence and Earth observation company, today announced the launch of its 10 cm per pixel Earth imagery resolution. This highly detailed imagery will be offered at the same affordable […]

Global insurance trends

GlobalData Snapshot From Down Under

The general insurance industry in Australia is projected to grow from AUD76.3bn (US$51.8bn) in 2020 to AUD98.0bn (US$66.9bn) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics […]

Global insurance trends

Willis Towers Publishes Report on Natural Catastrophes

Insured losses from major natural catastrophes in 2020 reached roughly US$78 billion, the fourth largest total since 2011, and about 17% higher than the ten-year average of $66.5 billion. However, the total does not reflect […]

Insurance claims

Public Sector: Zurich Publishes Schools Fire risk Survey

A new study from Zurich Municipal reveals 480 primary and secondary schools endured fires in 2019, a staggering 40 incidents every month.  As a result, almost 20,000  school children have had their education impacted or […]

News

Zurich Launches Climate Change Resilience Services

Zurich Insurance Group has announced the launch of its Climate Change Resilience Services to help businesses better prepare for current and future risks associated with climate change, or The Artist Formerly Known As The Weather. […]

Insurance claims

Balcony BBQ? Time To Ban Such High Risk Activities Says Zurich

With the UK summer well underway, new data released today by UK insurer Zurich reveals that just four balcony fires in 2019 caused almost £9m worth of damage as the fires spread to neighbouring flats […]

Insurance claims

AXA UK Expands Use of Video in Commercial Claims Settlement

AXA UK is broadening its use of live video to settle commercial property claims, as the insurer renews its contract with software provider Verisk. The ClaimXperience app is already being used by AXA’s household customers, who can […]