Insurance claims

Balcony BBQ? Time To Ban Such High Risk Activities Says Zurich

With the UK summer well underway, new data released today by UK insurer Zurich reveals that just four balcony fires in 2019 caused almost £9m worth of damage as the fires spread to neighbouring flats […]

Life/Health/Critical illness

Healthcare: Unum Sees Huge Increase in Demand for Online GP Services

The Covid-19 lockdown has contributed to the boom in the use of digital GP healthcare solutions. Health app Unum saw this trend emerge before lockdown, which is why they invested, in partnership with Square Health, […]

Technology

Martin Williams Joins ThingCo as COO

Martin Williams, one of the motor insurance market’s most respected figures, has been appointed Chief Operating Officer and Board Director for ThingCo, the insurtech 100 business created by telematics pioneer, Mike Brockman to develop the […]

Insurance Regulation

Tavaziva Madzinga Joins ABI as Board Member

The ABI (Association of British Insurers) today announces that Tavaziva Madzinga, CEO, Swiss Re, UK & Ireland (UKI) has joined its Board. ABI Board Chair Jon Dye, Chief Executive, Allianz Insurance, said: “I am delighted […]

InsureTech

Duck Creek Makes A Key Hire

Duck Creek Technologies announced today that experienced strategic corporate finance executive Eva F. Huston has joined the company as Chief Strategy Officer. Huston will be responsible for creating and executing on strategic initiatives designed to build value for […]

Insurance Regulation

Drivers See No Problem Doing 60mph Through Roadworks – Is It Safe?

The majority of motorists back the Highways Agency’s move to increase speed limits through motorway road works to 60mph according to a new poll by Motorpoint. The online survey by the UK’s largest independent car […]

Global insurance trends

Aon Raises $349m Cash For Future Credit & Funding Deals

Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced that Aon Investments USA Inc. (“Aon Investments”) raised $349.9 million from U.S. institutional investors for its Opportunistic Credit strategy. The […]

News

AIG Losses Show The Pandemic Will Continue to Affect All Insurers

American International Group, Inc. (NYSE: AIG) recently reported financial results for the quarter ended June 30, 2020. AIG posted an underwriting loss of $343 million in its general insurance business, compared with a $147 million […]