InsureTech

Insurtech News: Telematics For Commercial Use Drones? You Got It

 SkyWatch.AI, the world’s first on-demand, telematics-based insurance platform for commercial drones, today launched in the United Kingdom. The use of drones is something that many insurers, underwriters and MGAs are getting to grips with, as it […]

Insurance Regulation

Regulatory: ABI Advice on Housing Materials Accepted by Govt Committee

A report out today from the Housing, Communities and Local Government Committee has adopted an Association of British Insurers (ABI) recommendation to help increase the safe use of modern methods of construction (MMC) through the development of […]

Insurance & Reinsurance

Reinsurance: Willis Towers Publishes New Market Insights & Data

Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re, the reinsurance division of […]

InsureTech

Cover Genius Partners With Etraveli on Travel, GI, Commercial & More

Insurtech tech firm, Cover Genius has signed a partnership with Scandinavia’s largest travel group, Etraveli, to become its insurance partner, enabling the leading-edge OTA to offer an even broader selection of policies across a wider scope of markets. […]

InsureTech

Aon and CoverWallet Partner Up on SME Product for Australia/USA Markets

Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, and CoverWallet, the market-leading digital insurance company for small businesses, announced today that they have entered into […]

Global insurance trends

Global News: Marsh Report Suggests Commercial Rates Are On The Up

Marsh has released its Global Insurance Market Index for the first quarter of 2019. Key findings include: ·         Average commercial insurance prices increased 3% in Q1 2019, the largest increase since the survey began in 2012. ·         Q1 2019 represents […]

Insurance claims

Small Companies Losing Thousands When Fleet Vehicles Break Down

Small businesses are indisputably the lifeblood of the UK economy but many are putting their daily productivity at risk by failing to protect themselves against one of their vehicles unexpectedly breaking down. Data from the […]

News

Commercial Sector: Lloyd’s Invests in Layr SME Platform

Lloyd’s has confirmed it will invest in Layr, a cloud-based commercial insurance platform for small businesses, following a successful trial in the Lloyd’s Lab, which last week welcomed a second cohort of 12 InsurTech start-ups. Layr, which is […]