Flood Insurance

RMS Estimate Costs of Typhoon Jebi at over US $3 Billion

RMS, a global risk modelling and analytics firm, has estimated that the insured loss for Japan from Typhoon Jebi will be between USD$3 billion and $5.5billion (¥340 to ¥620billion). This estimate is based on analysis of […]

Life/Health/Critical illness

Consumers Under-Estimate Life Insurance Cover by up to £140,000

New research by leading price comparison website MoneySuperMarket reveals that Brits underestimate their life insurance requirements by almost £140,000. The study asked respondents without life insurance cover how much they think they would need and compared those […]

Insurance Brokers

Ecclesiastical Survey Finds Brokers Keen to Attract Younger Employees

New research by specialist insurer Ecclesiastical has revealed the vast majority of brokers (80%) would like to attract younger people. The survey of 250 brokers across the UK found that while they are keen to hire […]

Insurance claims

AGL Rebrands Car Repair Network, Looks to Expand Its Services

Activate Group Limited (AGL) – the Halifax-based insurer solutions, fleet and risk management provider – is rebranding its UK-wide vehicle repair network Car Repair Network as Motor Repair Network with immediate effect, reflecting its ability to handle […]

Insurance Brokers

Broker News: GRP Buying Spree Continues with U-Sure Acquisition

GRP Group (GRP) has acquired U-Sure Insurance Services Ltd (U-Sure). The business, which is a Lloyds Coverholder, is based in Cwmbran, near Newport in South Wales, and will join GRP’s fast-growing Underwriting division. The deal […]

Motor Insurance

Next Insurance Launches New Business Vehicle Cover in US Market

US based Next Insurance, a leading digital insurance carrier for small businesses, today announced the launch of a new commercial auto insurance policy. Like all Next Insurance products, the offering is available entirely online, and the company has eliminated […]

Business

Broker/MGA News: Genasys Revamps Product Tool to Make Life Easier

Genasys Technologies has launched its newest product configuration tool to the UK insurance market. BUILD gives brokers, MGAs, insurers and start-up insurance businesses the power to define insurance products, claims and rating in one place […]

Motor Insurance

BMW Partners With Wrisk on 7-Day Dealership Insurance Offer

BMW Financial Services (GB) Ltd. has announced a partnership with insurance technology firm Wrisk. The deal, which will be effective from August, places Wrisk as the provider of BMW and MINI Car Insurance in the […]