News

UK Automotive Sector is Entering a Stressful Period

Insurers need to watch the automotive sector carefully, as the initial middle class enthusiasm for electric cars wanes and dealers are left with lots of rapidly depreciating stock. Add on anti-car legislation, ULEZ taxation/toll zones, […]

Insurance Brokers

NFU Mutual Trials Parametric Product For Dairy Farmers

The UK’s leading rural insurer has partnered with parametric insurance specialist Skyline Partners, insurer Markel, and broker Gallagher to develop and pilot a new parametric heat-stress insurance for dairy farmers – the first of its […]

Global insurance trends

US Market: NEXT Survey Suggests Small Biz Owners Feeling The Strain

NEXT Insurance, a leading digital insurtech transforming small business insurance, today revealed new survey results that demonstrate a significant gap between small business owners’ biggest stressors in 2023 and what they’re actually prepared for when […]

News

Small Traders Chasing 7K in Late Payments on Average

New research from Direct Line business insurance reveals tradespeople are currently owed on average £6,984 which is past the due date for payment. Late payments are a longstanding issue and many tradespeople have had to […]

Insurance Regulation

BOE Publishes 2022 Stress Test Feedback to Insurers

The Bank of England, via the Prudential Regulation Authority, has sent a letter to insurers, after stress tesing was carried out in 2022. Generally, the marks are pretty high, although the PRA notes that cyber […]

News

YuLife Report Highlights Financial Stress in Workplaces Right Now

According to a new report published today by YuLife, the tech-driven insurance company on a mission to inspire life, around two-thirds (64%) of UK working adults are more worried about their financial wellbeing today than they were one year […]