InsureTech

Battery Risks Insurtech is Making Progress Via Lloyd’s Lab

The ninth cohort of the Lloyd’s Lab accelerator programme for innovation, which includes battery insurtech Altelium amongst participants, reached the halfway point. The 10-week programme offers start-up, scale-up and mature insurtech companies the opportunity to […]

Motor Insurance

Salvage & Repairs: Are We Stuck in The Inflation Fast Lane?

It’s been a tough year for every company involved in Motor claims. From large insurer to niche broker, recovery firm, to salvage specialist, everyone has felt the impact of rocketing fuel, energy costs and labour […]

Emerging Risk

Those `Green’ Lithium Batteries Are a Major Shipping Fire Risk

Some insights on Marine risk from Allianz Global; Lithium-ion (Li-ion) batteries are increasingly impacting shipping safety as demonstrated by a number of fires on vessels such as roll-on roll-off (ro-ro) car carriers and container ships. Given the many […]

News

AXA Warns on e-scooter Battery Fire Risk

AXA UK has warned policyholders of the growing fire risks associated with the lithium-ion batteries used in electric bikes and scooters. Lithium-ion batteries pose a significant fire risk when damaged, over-charged or exposed to extreme […]

Insurance claims

RAC Invests in Rapid Roadside Chargers For EVs

Three years after launching the breakdown industry’s first engine-powered emergency charger for electric cars the RAC has begun rolling out a faster version so that its patrols can get electric car drivers moving again even […]