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Global insurance trends

McGill and Renew Risk Working on Offshore Windfarm Modelling

27 September 2023 alastair walker 0

McGill and Partners, the global boutique specialist (re)insurance broker, has collaborated with Renew Risk, a leading risk analytics SaaS provider for renewable energy assets, to develop catastrophe models for offshore wind portfolios. As demand for […]

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News

Hurricane Idalia: Latest Data and Advice

30 August 2023 alastair walker 0

Another hurricane looks likely to hit the USA/Florida soon, here’s the latest comment from Acrisure and World Nomads; ACRISURE Idalia is moving toward the north at 14 miles per hour (22 km/h). A faster motion […]

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Legal

When it Comes to Indemnity, The Pen is Mightier Than The Sword

24 August 2023 alastair walker 0

Some good news for the legal sector as Pen Underwriting sorts out some extra capacity on Pro Indemnity cover. In today’s divide and rule, cancel culture, I’m offended social media world, it pays to have […]

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Insurance claims

Repeat Insurance Fraudster Given Community Order

23 August 2023 alastair walker 0

A fraudster has been found guilty of a total of four charges relating to fraud by false representation and sentenced to a 12 month community order following a string of fraudulent claims against Allianz and […]

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News

Moody’s Comments on Maui Wildfire Exposure

15 August 2023 alastair walker 0

Moody’s Investors Service’s insurance team has published a brief report on estimated P&C losses from the Maui wildfires. Here are some extracts; As of 11 August, several wildfires had caused a tragic loss of life […]

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InsureTech

Funding: Tractable Secures $65m Deal With Softbank

20 July 2023 alastair walker 0

Yep, as funding rounds go this is a big one. Here’s the word from claims assessment specialist Tractable after the Softbank investment; Tractable, a leader in artificial intelligence (AI) using computer vision to assess the […]

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News

New Partnership Aims to Help BTL Landlords

18 July 2023 alastair walker 0

Financial & Legal Insurance, the specialist insurer based in Cheadle, Manchester, has announced a new partnership with Legal Protection Group (LPG) to grow its presence in the private rental sector, which accounts for 19% of […]

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Insurance claims

Property Asset Valuation is Changing Fast

5 July 2023 alastair walker 0

For decades insurers have been estimating the value of property using Land Registry data on sales, plus local market averages. But aerial mapping, partly satellite, partly drones, is now much more up-to-date as regards the […]

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