Insurance Brokers

Insurance Broking Stats, Courtesy of Insuramore

According to the latest rankings and analyses updated by Insuramore (see www.insuramore.com/rankings/brokers), the value of the worldwide market for insurance broking in terms of fees and commissions earned was around USD 151.4 billion in 2022, up […]

Insurance Brokers

HSBC Life Opens Up Value-Added Benefits Distribution

HSBC Life (UK) Limited (“HSBC Life (UK)”) is extending its Value-Added Benefits proposition to new customers who apply for protection cover via external distribution partners including price comparison websites. The benefits will also be offered […]

Insurance Brokers

Consumer Duty: Need a Benchmarking Service?

Leading insurance market insight business, Consumer Intelligence, is launching ‘Consumer Outcomes Benchmarking’, a new service that will greatly enhance the way insurance firms measure and monitor their performance against outcomes 3 and 4 of the […]

Opinion

How Insurance Companies Can Unlock Success with AI

This latest piece is by Shantanu Tewari, Head of Insurance Practice, Newgen Software and it looks at the benefits of AI. Insurance is a highly complex and data-intensive industry. Multiple business lines have multiple product […]

Insurance claims

Ondo/Leakbot Trial Shows Reduced Claims & Water Loss

Some encouraging news from Ondo, as they trial the Leakbot gadget; Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, released the results from its Portsmouth Water Pilot today. In […]

News

Ardonagh Completes on Klap Deal

Further to its announcement in April, The Ardonagh Group (“Ardonagh”, “The Group”) confirms it has completed its acquisition of specialist commercial lines insurance broker, Klap Verzekeringsmakelaar (“Klap”). Founded in 1854 and based in Amsterdam, Klap advises […]

News

43% of Brits Have Asked Traders to `Slow Down’ Energy Meters

New research from Direct Line business insurance reveals that 43 per cent of electricians and gas engineers have been explicitly asked by clients to tamper with their electricity or gas meters to make them run […]