Legal
When Does Cat Microchipping Become UK Law?
New legislation has announced this week that the thousands of cat owners in the UK have just over a year to microchip their pet else risk receiving a £500 fine. Hefty fines could also be […]
cat
Pet Insurance
Pet Regret? Survey Says Some Owners Struggle With Responsibility
While dogs offer companionship to many in the UK, a new study from financial guidance platform Forbes Advisor has found that nearly three in ten (29%) of Brits who bought a dog regret the purchase. The […]
News
MIS Now Tracking Hailstorm Events
Geospatial intelligence leader, McKenzie Intelligence Services (MIS), has launched a new peril, Hail, within its award-winning platform, Global Events Observer (GEO), to accelerate incident and claims responses following hailstorm events. Rosina Smith, Chief Product Officer of MIS, […]
Global insurance trends
Low Take-Up on Flood Cover Minimises Losses in California
Moody’s RMS®, the leading global catastrophe risk modeling and solutions company, estimates total U.S. economic losses from the recent California flooding at US$5-7 billion. This estimate reflects inland flood impacts for the U.S. and includes damage […]
InsureTech
CyberCube Working on Cat Bond Modelling
CyberCube, the market leader in cyber risk analytics, has acted as a modelling agent for the first private cyber cat bond to bring additional reinsurance capacity to the market. CyberCube’s Portfolio Manager was utilized as part of […]
Global insurance trends
Beazley Launches Cyber Cat Bond
Beazley, the leading specialist insurer, has launched the market’s first cyber catastrophe bond. This is the first time that a liquid Insurance-Linked Securities (ILS) instrument has been created for cyber catastrophe risks. The $45 million […]
Insurance claims
Salvage Market Website is Relaunched
SalvageMarket.co.uk, the UK’s premium online salvage auction from e2e Total Loss Vehicle Management [e2e], has been relaunched, taking advantage of latest technology to improve user experience and deliver a technically robust solution with the flexibility […]
Motor Insurance
Vehicle Theft Trends: Fewer Recovered, City Risks & Food Thefts Rising
Now if you work in the Motor insurance sector, it’s always good to keep tabs on regional variation in vehicle thedfts. As the UK enters a recession it’s likely that more cars and vans will […]