Global insurance trends

Self-Driving Ships Could Be a Very Good Idea

Leading classification society ClassNK has begun joint investigative research with Sompo Japan Insurance Inc. (hereinafter referred to as Sompo Japan) on risk assessment of autonomous ships. Global efforts are accelerating toward the practical use of […]

Global insurance trends

Loadsure Teams Up With Trucker Tools

Loadsure announced today that its per-load cargo insurance solution is now available to freight brokers via the Trucker Tools desktop dashboard. Now, brokers can cost-effectively cover loads in 40 seconds and accelerate shipper claims from […]

Insurance Brokers

BIBA Launches New Marine Scheme

The British Insurance Brokers’ Association (BIBA) has launched a new marine insurance scheme for members with specialist broker MercariRisk, offering expert knowledge, advice, training, joint client calls if required, and easy access to the marine insurance […]

Lloyd's/London Market

UK P&I Club Joins Anti-Corruption Network

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, has announced it has joined the Maritime Anti-Corruption Network (MACN). The MACN is a global business network […]

Lloyd's/London Market

North P&I Results Show Steady Progress in 2020

North P&I Club has reported continuing growth in its diversified business lines and solid progress in raising premiums to reflect market conditions and is expecting to see a small tonnage reduction after a planned de-risking […]

Lloyd's/London Market

Marine Risk: UK P&I Club Launches Fuel Safety Video

The UK P&I Club has released the latest video in its online ‘Ask an Expert’ series, featuring speakers from Veritas Petroleum Services (VPS) discussing the increasing prevalence of fuel combustion since the introduction of low […]

Lloyd's/London Market

Marine Claims Process Takes Too Long

New research from Marine Judge – the AI Driven Marine Insurance Platform – reveals that 44% of managers involved in maritime insurance claims say the biggest challenge they face is the claims process itself taking […]

Lloyd's/London Market

Concirrus Launches Automated Marine Cover

Leading Insurtech, Concirrus has announced a fully automated, algorithmically driven underwriting application for Marine Insurance. A company or syndicate can use the application to triage and quote business instantly from any location, at any time. […]