News

Ignite Expands into EEA With Litigation Product

The latest move from Ignite; Ignite Specialty Risk, a leading provider of litigation risk insurance, has announced its expansion into the European Economic Area (EEA). This move will make its products – including After The Event (ATE), […]

InsureTech

MAPFRE Publishes Research on LatAm Region Insurtech Funding

Some interesting data here on insurtech investment; Insurtech funding in LatAm during 2024 reached 92 million dollars, 38% less than in 2023. However, during the second half of the year there was a rebound of […]

Insurance claims

RAC Comment on London Low Traffic Zones: Are They Safe?

The sudden blocking of roads in London during lockdown has caused financial hardship for small business owners, delays for delivery drivers and extra fuel costs for those unable to cycle home with three days worth […]

Global insurance trends

Global: Labuan & Tricor Sign Memo to Sharpen Focus on China Co Opportunities

Labuan International Business and Financial Centre Inc Sdn Bhd (Labuan IBFC Inc.) and Tricor Group (Tricor) have inked a Memorandum of Understanding (MoU) that will enable both parties to mutually strengthen Labuan IBFC’s marketing outreach […]

News

Average Travel Insurance Claim is Now £1300 – Over £400m Paid Out in 2018

The Association of British Insurers (ABI) today reveals that the average medical claim on travel insurance surpassed £1,300 for the first time ever in 2018 – reaching £1,368. Claims can easily reach the tens of […]