Fraud

`Steak’ Your Claim Sir? Not if You’re Using Injury Photos from You Tube

Latest anti-fraud news from the IFED: A man was sentenced to 8 months, suspended for 2 years, for fraud by false representation at Bradford Crown Court on Wednesday 11 April 2018 after pleading guilty on […]

Big Data

Lloyds Report on Sharing Economy is a Wake-Up for Insurance Industry

A few days ago, Lloyd’s, published a report called, “Sharing risks, sharing rewards: who should bear the risk in the sharing economy?”, analysing risk perceptions in a booming industry sector, which has seen the rise […]

Insurance Regulation

EU Allowing Consumers to Take Collective Legal Action Could Be Costly

The EU Commission has announced that it intends to grant consumers the right to form collective group actions across the European Union. The proposals are quite far-reaching with the EU intending to levy fines based […]

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Business

GRP Acquisitions Continue With Thomas Sagar Ins of Burnley Latest Buy

Global Risk Partners is still on the acquisition trail, after snapping up a succession of brokerages last year, and earlier in 2018. Here’s the latest news from them; GRP has acquired Thomas Sagar Insurances Ltd […]

Big Data

AON Risk Report Looks at Potential Threats Around the World

Risk is a notoriously difficult thing to calculate accurately. As the insurance industry changes and Artificial Intelligence is used to assess consumers, businesses and nations, it will be interesting to see how much weight AI […]

Big Data

Allianz Receive Approval for Global Data Handling Policy

Allianz Group recently received approval of its Binding Corporate Rules from the EU-mandated Bavarian Data Protection Authority, BayLDA. Binding Corporate Rules or “BCRs” were developed by the European Union to allow multinational corporations to make […]

Household Insurance

Pegasystems Response to FCA Investigation into Home Insurance

Responding to the announcement that the FCA is to carry out a detailed investigation into the cost of home insurance when it comes up for annual renewal, Tony Tarquini, Director of Insurance EMEA, Pegasystems, explains that […]

InsureTech

The Disruptors: From Idea to Insurance Market in Just 60 Days.

In the first of a new series of features, Insurance-Edge speaks to those who are transforming the insurance industry. From Artificial Intelligence to advanced telematics, sharing economy PAYG cover to streamlined claims handling, there are […]