News

Hurricane Dorian Could Cost the Reinsurance Sector Billions

The costs of Hurricane Dorian could be $25 billion according to UBS, and the storm still hasn’t made landfall on the US mainland. Dorian, which is the second-strongest Atlantic storm on record, (see graphic above […]

Insurance Brokers

Water Escape Claims: Grohe & LahiTapiola Present Sense Guard

water damage is the biggest risk to homes and causes more damage than fires or severe weather, only three per cent of all European households are equipped with a system for protection against water damage. […]

Insurance Regulation

ABI Says New Data Proves UK Flood Defences Are Working Well

£1.1 billion a year of flood damage is being prevented by the UK’s current network of river barriers and defences, according to landmark research being published today. It’s the first time the financial contribution of […]

Flood Insurance

Opinion: Thunderstorms Challenge Insurers to Assess Summer Flood Risk

Is the 2018 heatwave finally coming to an end? It would seem so, with thunderstorms and hail hammering its way across the UK. The weather change acts as a reminder to the insurance industry that […]

Insurtech solutions to fighting escape of water claims.
Insurance claims

Auger Urges Insurers to Streamline FNOL Process with Outsourced Expertise

A leading specialist for the UK insurance industry is urging insurers to look at ways of speeding up the claims process at the first point of contact. Chris Cowen, client relationship manager at Auger, reports […]

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Insurance Regulation

S&P predicts challenging 2013 for UK non-life market

The UK non-life insurance market is facing a range of significant challenges which will make 2012-2013 ‘difficult’ for companies, according to Standard & Poors ratings services. In its latest report on the market, S&P highlights […]

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Household Insurance

ABI repeats flood challenge to UK Government

The Association of British Insurers has released a statement, calling on the Government to commit to a joint solution to ensure long term affordable flood insurance for high-risk households. The ABI described the current state […]