Insurance claims

Flood Defence Scheme Near Shoreham Makes Progress

The latest update from the UK Govt, which will be interest to home insurers with assets located in the immediate area; A major flood defence scheme that will significantly reduce flood risk to over 2,300 […]

InsureTech

Lack of Expertise is A Hurdle For Insurance Sector, Says GloablData

The latest insights from GlobalData, who see a challenge in terms of expertise when it comes to AI in insurance; A lack of expertise within insurance companies is the biggest challenge to implementing artificial intelligence […]

Insurance claims

Insurish Teams Up With Recoop on Faster Claims Payments

The word from Insurish; Insurish, the one-stop destination for all things insurance, recently announced a distribution partnership with Recoop Disaster Insurance (Recoop), the first and only multiperil disaster insurance product designed to quickly pay claims […]

Insurance Brokers

Convex Launches Syndicate 1984 at Lloyd’s

The latest from Convex; Convex Group Limited (“Convex”), the international specialty insurer and reinsurer, announces that it has received in principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex […]

Global insurance trends

Willis Launches Parametric Cover in Vietnam

The latest new product news from Willis; Willis, a WTW business (NASDAQ: WTW), and Global Parametrics recently announced the first ever payout of an innovative parametric policy distributed to coffee farmers in Vietnam who suffered […]

Global insurance trends

Zesty Teams Up With NEXT on Property Risks

The latest from the US property sector; ZestyAI, the leading provider of AI-powered property and climate risk analytics, today announced a strategic partnership with NEXT Insurance, a top commercial insurer specializing in small to medium-sized businesses. […]

Motor Insurance

Consumer Intelligence Says Typical Car Premium Down by 6%

Some data on car insurance premiums from Consumer Intelligence; Falls in quoted car insurance premiums are accelerating dropping a record 6.0% in the past three months and by 8.8% in the past year, according to […]

InsureTech

Safepoint Holdings Goes Live on Duck Creek

The latest from Duck Creek for you; Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced that Safepoint Holdings (“Safepoint”) is live on […]