Insurance Brokers

Van Insurance: Latest UK Stats Show Dramatic Collapse in New Van Sales

For those insurance brokers actively targeting the van insurance market the latest stats from the SMMT make grim reading. The Covid-19 pandemic has obviously hit self-employed people extra hard, as many of them did NOT […]

Insurance claims

How Much Did Storms Ciara & Dennis Cost the Insurance Industry?

Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £360 million according to initial estimates out today from the Association of British Insurers (ABI). Insurers made initial […]

Fraud

Consultancy.Org Estimates UK Suffers Over £1Billion in Serious Fraud

The latest from the Consultancy.org website makes for grim reading within the insurance sector. Fraud is still increasing, and cyber attacks are growing in severity and sophistication. After major cases of fraud declined drastically in […]

HR & Employment

Mercer’s Survey Looks at Pension Schemes Deficit for 2019

Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £38bn at the end of November to £40bn on 31 […]

News

Drink Driving is On The Up, Says Vantage Leasing Study

Fatal and serious drink-drive casualties have reached their highest level since 2010, according to new analysis of Department for Transport (DfT) figures by Vantage Leasing. The spike in drink-drive casualties coincides with a 17% drop in […]

Insurance Brokers

Huge Spike in Ransomeware Attacks on SMEs, Says Beazley

Beazley data reveals an increase in ransomware attacks against IT vendors as cyber criminals exploit weak security programs to target both the vendor and their clients. One quarter (24%) of all ransomware incidents reported to […]

InsureTech

$1.5 Billion Worth of Insurtech Investment in Q3 This Year

Total new worldwide funding commitments to the InsurTech sector in 2019 have already surpassed the 2018 full-year total, and during the third quarter exceeded $1.2 billion for the fifth consecutive quarter-year period, according to the […]

News

India Will Be a Boom Market for Insurers, Says Global Data Report

Growing middle class, increasing awareness of the need for protection and favorable regulatory landscape are expected to drive the general insurance market in India from INR1.6 trillion in 2017 (US$24.1bn) to INR2.9 trillion (US$40.1bn) in […]