News

Brits Holding 11% More Cash After Lockdown, Says Lloyds Bank

The opportunity to sell extra insurance products is there, right now, as many UK consumers are actually better off after lockdown. No expensive holidays, minimal entertaining and eating out costs for children, plus the 80% […]

InsureTech

FTI and ForMotiv Team Up on Behavioural Data Project

FTI Consulting, Inc. (NYSE: FCN), a global business advisory firm, and ForMotiv,LLC, a developer of digital behavioural data capture software and services, announced today a global partnership to deliver data capture capabilities and advisory services […]

Insurance & Reinsurance

TRL Finds 90% of Drivers Would Choose Electric, If Range Was 300 Miles

In a recent announcement from the government, the continued focus on achieving a zero-emission future has been accelerated.   New green number plates are set to be rolled out in autumn to encourage drivers to […]

Legal

87% of Brits Find Policy Wording is Total Gobbledegook, Says Uni Study

Browne Jacobson LLP, a UK-wide law firm with over 500 lawyers working across public and private sectors, has highlighted the “transformational impact” on its insurance policy services drafting offering following a collaborative project with the […]

News

Consumers Plan to Cancel Contents Cover, As WFH Becomes New Normal

The latest research from data insight specialist Consumer Intelligence shows the cost of buildings and contents insurance has risen 0.5% in the last 3 months (to an average premium of £151), but remains competitive, with […]

Insurance Regulation

FCA Offers Updated Guidance To Insurers on Covid-19

The Financial Conduct Authority (FCA) is today confirming guidance for insurance firms to consider the impact of coronavirus (Covid-19) on the value of their insurance products. Sheldon Mills, Interim Executive Director of Strategy and Competition at the […]

Big Data

Capgemini World Insurance Report Identifies Key Market Trends

 Capgemini and Efma’s World Insurance Report 2020, published today, reveals that consumers of all ages are adopting a ‘millennial mindset’, and increasingly trusting their own research through various channels to source information and purchase insurance products themselves. Consumers are […]

Insurance Regulation

26% Of Brits Are Financially Vulnerable Customers, After Corona Impact

With 26% of the adult population now claiming to be vulnerable there is real concern that they could be taken advantage of by Financial Services companies who could profiteer from their difficulties warns Ian Hughes, […]