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Home2017December

Month: December 2017

Motor Insurance

6000 UK Drivers Caught Using a Mobile at The Wheel – For a Second Time

28 December 2017 alastair walker 0

Mobile use is becoming an integral part of modern life and it seems many drivers simply cannot stop talking, texting or Tweeting, even at the wheel. In May the BBC reported that one driver was […]

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Motor Insurance

Honcho App Start-Up Raises 150K from Finance Durham Fund

22 December 2017 alastair walker 0

A new app designed to reduce insurance costs for motorists has successfully secured a conditional investment of £150,000 from the Finance Durham Fund, managed by Maven Capital Partners, pending a successful fund raise on CrowdCube. […]

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Lloyd's/London Market

Industry Moves: Paul Cole Joins AG P&I Team

21 December 2017 alastair walker 0

AG Cover, the independent London Market insurance broker, has appointed Paul Cole into its P&I (Protection and Indemnity) team.  Paul brings a wealth of experience to AG, with his past roles including 13 years at […]

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InsureTech

InsurTech: AXA Launch AI/Human Concierge Service

20 December 2017 alastair walker 0

Is Artificial Intelligence really going to rule the world? Maybe, but not yet, if this new service from AXA proves to be an indicator of our industry’s future. Chatbots and AI can help sift many […]

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Motor Insurance

RAC Says UK-Wide Study Needed to Assess Value of 20mph Limits

20 December 2017 alastair walker 0

More councils across the UK are setting up 20mph speed limit zones in urban areas. But will this reduce road accidents significantly? Pete Williams from the RAC comments on the recent study by Bath and […]

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Insurance & Reinsurance

Willis Towers and Covea Deal on Storm Damage is Signed Off

20 December 2017 alastair walker 0

Willis Towers Watson Securities, the investment banking business of Willis Towers Watson (NASDAQ: WLTW), today announced that it has structured and placed EUR 90 million of insurance-linked securities for Covea Mutual Insurance Group, France’s largest […]

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Motor Insurance

Opinion: What Are the Key Motor Insurance Trends for 2018?

19 December 2017 alastair walker 0

The car and van insurance market is going through a series of changes right now. New players are entering the online space, with PAYG policies, or cover aimed at self-employed, `gig’ economy workers. Then there’s […]

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Global insurance trends

Marine Insurance 2017: Hurricanes Hit a Soft Market For Six

18 December 2017 alastair walker 0

2017 Review – Insurance In The Eye of The Storm Here are some comments looking back at the turbulent events of 2017 which affected marine insurance, plus the knock-on effect for those in the commercial […]

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