Global insurance trends

Corebridge Financial: AIG Offers Notes

The word from AIG: American International Group, Inc. (NYSE: AIG) recently announced that its majority-owned subsidiary, Corebridge Financial, Inc., intends to offer senior unsecured notes (the “Notes”) in connection with the previously announced separation of […]

Insurance Brokers

SoMo Sorts Out Bridging Deal on BTL Project

Market leading bridging loan firm, SoMo, has partnered with Y3S Bridging and Commercial to secure a £1.6m loan on behalf of its client to purchase a £1.8M residential, buy-to-let property in Birmingham, in a matter […]

Insurance Regulation

FCA Fines GAM International £9m

Latest from the FCA; The Financial Conduct Authority (FCA) has fined asset manager GAM International Management Limited (GIML) £9,103,523 for failing to conduct its business with due care and attention and failing to adequately manage […]

News

Honcho Teams Up With Churchill

Honcho, the Durham-based insurtech disruptor, today announced a partnership with Churchill Insurance, a brand of U K Insurance Limited, as the first home insurance provider for its integrated marketplace.  Honcho will be the launch partner for […]

Underwriting transformation

Munich Re & Allianz Benelux Underwriting Partnership

Allianz Benelux, a member of the Allianz Group which serves 126m customers in more than 70 countries, has implemented Munich Re’s ALLFINANZ suite of products. The partnership will enable Allianz to greatly speed up the life insurance underwriting […]

Insurance claims

Claimspace Agrees With MoJ: ADR Has Important Part to Play

Claimspace has sent IE some feedback on the Alternative Dispute Resolution aspect of injury claims settlement; The Take up rates for ADR within the insurance claims industry have soared due to court delays, and the […]