Fraud

Busted: Drugs Gang Using Trade Policy For Deliveries

Six members of a Bristol-based organised crime group who fraudulently used trade motor insurance policies to help traffic drugs have been sentenced to a combined 18 years and 8 months in prison following an investigation […]

News

Brexit: Trade Credit Extension Has To Be Good News

The UK Government has agreed with leading trade credit insurers to extend the Trade Credit Reinsurance Scheme until June 2021. The objective of the 2021 scheme is to continue to support UK businesses affected by the coronavirus pandemic and […]

News

Nimbla Says Arcadia Collapse Highlights Trade Credit Insurance Issue

As retail empire Arcadia Group faces collapse and heads to the hands of administrators, the invoice insurance business Nimbla estimates that around £250m of invoices owed to Arcadia’s suppliers will go unpaid. This will have a […]

Global insurance trends

Sompo Signs Up For Willis Towers Software Solution

Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, announces today that Sompo Holdings Asia (SOMPO) has adopted Willis Towers Watson (WTW)’s innovative pricing solutions for its retail business across Asia […]

Global insurance trends

Global: Atradius Report Looks at Sub-Saharan Africa

A new report from trade credit insurer Atradius details the impact of Covid-19 on Sub-Saharan Africa. The report reveals that while a health crisis has so far been averted, the economic cost has been large. The Sub-Saharan […]

InsureTech

Insurtech: McKenzie Intelligence Joins Virtual Trade Mission

Geospatial imagery and re/insurance intelligence scale up McKenzie Intelligence Services (MIS) is delighted to announce it has been selected for the UK Department for International Trade (DIT) 2020 Virtual Insurtech Trade Mission in San Francisco. […]

Motor Insurance

ThingCo Joins UK Virtual Trade Mission to The USA

Flying the banner for the UK insurtech sector, ThingCo has been selected by the UK’s Department for International Trade (DIT) in San Francisco, as one of just ten UK insurtechs to attend the 2020 Virtual […]

Global insurance trends

Xenia Streamlines Branding, Goes on Acquisition Trail

The independent broking arm of the Nexus Group (“Nexus”), Xenia Broking Group (“Xenia”), is delighted to announce that it is formally uniting under one trading name and brand; Xenia. Nexus acquired Credit Risk Solutions in […]