Global insurance trends

Loadsure Strikes Deal with Avalon Risk on Freight Insurance in USA

Loadsure has announced that it has entered into a retail broker agreement with Avalon Risk Management, enabling the London-based managing general agent (MGA) to deliver the transportation industry’s simplest, most efficient, data-driven approach to spot […]

InsureTech

Marine: Insurtech Loadsure Raises £1.1m In Funding

Loadsure today announced an investment of £1.1M led by Insurtech Gateway, alongside other corporate and angel investors. Attracting interest for its radically simplified and efficient approach to spot freight cargo insurance, the company has launched […]

News

Zurich Ramps Up Marine Insurance Platform

Zurich Insurance Group (Zurich) is accelerating the broader roll-out of a new marine insurance platform for small and medium cargo, following its successful introduction in selected markets around the world. The Zurich Swift Insurance Platform […]

Lloyd's/London Market

P&I Club Transfers Occupational Disease Liability to Randall & Quilter

UK P&I Club has concluded an agreement with subsidiaries of Randall & Quilter Investment Holdings Ltd. (R&Q), an Alternative Investment Market (AIM) listed run-off insurance specialist, to transfer the Club’s occupational disease liabilities. Most occupational […]

Insurance claims

Marine: UK P&I Offers Useful Safety Advice on Ship Repairs

Stuart Edmonston, Loss Prevention Director at UK P&I Club, discusses an eye injury to a fitter and the lessons that can be learnt from this: “An engine room fitter was instructed to fabricate a steel locking pin […]

InsureTech

AI Can Help Repair Lives After Disasters, Tractable Are On The Case

Insurance is all about being the backstop, healing and repairing lives when things go wrong. Claims after a major disaster can often be complex and sometimes customers feel let down if things take too long […]

Global insurance trends

Marine Cover: SAL Heavy Lift Partners With Inatech on Bunker Strategy

German fleet operator SAL Heavy Lift has hired Inatech, a unit of Glencore, to ensure compliance with new low-sulphur emissions rules and optimise bunker strategies. Inatech, a specialist provider of energy trading risk management systems, has […]

Insurance & Reinsurance

TT Club’s New Online Hub Signs Up 1200 Members

TT Club, the UK P&I Club and UK Defence Club, part of Thomas Miller Group, launched a new user-friendly online hub of essential resources for Members, customers and their network partners, called Thomas Miller Connect, […]