Quick Takes: Insurance News You Can Use

A quick round-up of news you can use; basically we scour the web so that you can spend more time on that Peloton gadget. You’re welcome.

INSURTECH INVESTMENT IS OUT THERE

Ever thought of just pitching your idea to the public? Hiro’s Krystian Zajac posted on LinkedIn yesterday that  the connected home insurance specialist had raised £1.2m in just 29 minutes on Seedrs. Yes, we did say 29 minutes. What are you doing reading this? Let’s get busy on that next crowdfunding pitch.

AMERICAN FAMILY BUYS BOLD PENGUIN

Bold Penguin has been busy making the process of buying insurance much easier for small companies and businesses in the USA, bringing specialists in particular areas together with their customers, because you want the best cover for your particular niche. More info here on Business Wire.

INDIA EMBRACES DIGITAL INSURANCE SALES & POLICY ADMIN

Financial Express India reports that the rush towards online insurance product sales is gathering pace. Traditionally India was a country where the sole trader insurance agent sold policies, but the samrtphone is changing everything. A detasiled study by Swiss Re discovered that Indian consumers were interacting online weekly and that payment apps were also becoming a favoured alternative to cash payments on health, agri, vehicle and other typical policies. More here. 

RETURN TO NORMAL LIFE MAY REQUIRE PROOF OF VACCINATION

Some companies have already stated that want to see proof of Covid vaccination before letting you work for them, travel with them, use their services, or visit premises as a freelance contractor etc. Several big healthcare IT companies have formed the wagons in a circle to set standards on vaccine proof and the storing of such digital records and they have set up a website.

It is a contentious matter, especially for those who are prone to allergic reactions, or pregnant, and therefore cannot have the vaccine jab. So this requirement by private companies is bound to attract legislation – or at least specific grounds for exemption – from the UK and other governments at some point in 2021.

GOVERNMENT TO EXPAND DORMANT ASSETS SCHEME

The UK government is always keen on hoovering up any money, houses, cars or other assets from citizens who have lost paperwork, passed away or simply moved house a few times. Now the scheme is to be expanded and things like insurance policies will be included. There is a vast amount of reading here if you have the time to wade through it.

 

 

About alastair walker 6176 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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