News

Acquisitions: Davies Motor Claims Buys GBB Holdings and Banwell

Davies today (Tuesday 9th) announces the acquisition of GBB Holdings incorporating specialist forensic investigations business, GBB, and motor engineering solutions provider, Banwells. Based in Burnley, the business specialises in collision investigation, failure analysis and vehicle […]

InsureTech

Insurtech News: Telematics For Commercial Use Drones? You Got It

 SkyWatch.AI, the world’s first on-demand, telematics-based insurance platform for commercial drones, today launched in the United Kingdom. The use of drones is something that many insurers, underwriters and MGAs are getting to grips with, as it […]

Insurance Brokers

EU Markets: Getsafe Launches Bicycle Insurance Product in Germany

Every two minutes a bicycle is stolen in Germany – and these are only the cases reported to the police. The number of unreported cases is estimated to be significantly higher at a further 50 […]

Insurance Brokers

Broker Update: Seventeen Group Buys Plymouth Based WPS

Seventeen Group has acquired Plymouth based Walker Persson & Spargo Ltd effective from 28th June 2019 for an undisclosed sum. WPS was established in 1968 and are a leading independent broker in the South West. […]

Global insurance trends

US Market: Geico Launches Bespoke Jewellery Insurance Product

One of the big names in the US insurance market, especially car cover, Geico has recently launched a specialised jewellery insurance product. Homeowners or renters are eligible to take out policies, which may cover jewellery damage or loss up […]

Insurance Brokers

Claims: Ecclesiastical Supports Tough Sentencing on Heritage Vandalism

Specialist heritage insurer Ecclesiastical, has announced its support for tougher sentencing of vandals of heritage buildings. Vandals who damage buildings of historic importance including listed buildings and historically important objects, could face tougher sentences by […]

Insurance Regulation

Flood Re Review Should Prompt Property Re-Build Rule Changes

Responding to the publication today of Flood Re’s Quinquennial Review, James Dalton, Director of General Insurance Policy at the Association of British Insurers, said: “The insurance industry established Flood Re as part of our commitment to […]

Insurance Regulation

Regulatory: How Will Climate Change Affect Insurers? Reports & Insights Here

What are the risks posed by climate change for the financial sector? It’s a complex subject and open to debate, especially when it comes to the tricky matter of calculating how new regulations surrounding extreme […]