Sustained heat, floods and heavy rainfall could see insurers hit with further increased costs, with subsidence related insurance costs swelling to over £1.9bn by 2030 according to new analysis by PwC. The fresh analysis shows […]
Am I covered if I drive into a flash flood and it kills the engine? It’s a question that some drivers consider as summer thunderstorms overwhelm the UK’s badly maintained road network, with blocked drains […]
Zurich UK has joined Flood Re’s Build Back Better (BBB) scheme to help reduce the impact of future flooding on homeowners.The scheme will enable eligible Zurich customers to access up to £10,000 to pay for […]
What’s the best way to minimize financial losses? Foresight and having the proper kind of insurance are steps in the right direction. Business owners have all sorts of strategies for avoiding the need to file […]
Climate risk insurance platform Yokahu, alongside flood parametric insurtech FloodFlash, is delighted to announce a collaboration with global fintech Vitesse, to significantly accelerate payments from insurers to policyholders to prevent small and medium-sized business (SMEs) […]
It makes sense to track the damage in real time when a serious weather event occurs, or a natural event like a volcano eruption or earthquake strikes. For insurers, all data, from a variety of […]
InsurTech Previsico announces the launch of its live flood forecasting alert service, in partnership with Nexus Alpha USA, a hub for innovation in the US, to mitigate surface water flood losses for insurers and their […]
The Ghana Ministry of Finance, the United Nations Development Programme (UNDP), the German Government, and the Insurance Development Forum (IDF), announced today the launch of a Tripartite project to develop a sovereign risk transfer scheme for urban […]
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