Lloyd's/London Market

Concirrus Launches Automated Marine Cover

Leading Insurtech, Concirrus has announced a fully automated, algorithmically driven underwriting application for Marine Insurance. A company or syndicate can use the application to triage and quote business instantly from any location, at any time. […]

Insurance claims

Automation: Survey Says We Still Waste Time on Routine Stuff

UK employees believe they are wasting more than 40 working days a year each on routine tasks that could be done by technology, such as digital workers, according to new research from ABBYY investigating the impact of […]

News

Co-Op Sells Underwriting Biz To Markerstudy

The Co-op has sold its underwriting business to Markerstudy, TwinFocus and funds managed by Blackstone Credit for proceeds of £185 million. With over 150 years’ experience of creating and selling insurance products and strong ambitions […]

Global insurance trends

Insurance Trends: MAPFRE Research Highlights India & China

MAPFRE Economics has updated its Global Insurance Potential index (MAPFRE GIP) with the latest available data from 2019. This indicator is calculated for 96 insurance markets (including both developed and emerging markets), and the aim […]

Insurance Regulation

BDO Reminder On Covid Refunds to Policyholders

Insurers have just a few days left to decide how they need to consider the guidance and where appropriate apply COVID-19 related refunds or discounts on insurance policies before the FCA’s December 3 deadline expires, […]

Household Insurance

Broker: New Opportunities In Home Tech & IoT Gadgets

Looking for new insurance opportunities? Well the homes that have IoT gadgetry are far more likely to take out contents insurance – plus they may well have a small biz located there, so there is […]

News

SchemeServe Launches Bi-Annual Trends Index

SchemeServe, a leading cloud-based provider of insurance software, has today released the results of its bi-annual Index, tracking trends and performance of the insurance schemes market. The second half of 2020 has revealed that premiums […]

Insurance Brokers

Deals: Geo Completes On Robus Purchase

Geo today announces acquisition of insurance management, fiduciary and financial advisory group Robus. Robus provides a broad range of services including insurance management, protected cell company and captive management, actuarial and ILS services with operations […]