UK Insurance Trends

SMEs Feeling The Strain as Inflation Bites

New research from the UK’s leading insurance premium finance company, Premium Credit, shows SMEs are most likely to raise prices for customers as they attempt to address soaring energy bills. Premium Credit’s Insurance Index, which […]

News

How Can We Price Risk in a Time of Claims Inflation?

In a time of rapid claims cost inflation, insurers need to be able to “turn on a sixpence” to implement pricing and underwriting changes extremely quickly. However, many insurers currently lack the operational agility to […]

News

Is Inflation Really Causing Insurance Cancellation?

Brits are dealing with the cost of living crisis by cutting down on their insurance cover, according to new findings by NerdWallet. The price comparison experts asked 2,000 Brits how they were coping with the current […]

Insurance Regulation

FCA Reminds Insurance Brands to Help Struggling Consumers

The latest advice from the FCA; Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection. The government has […]

InsureTech

Verisk Upgrades 360Value Tool, As Inflation Bites

Verisk, (Nasdaq: VRSK), a leading global data analytics provider, announced today the expanded integration of its 360Value® replacement cost estimates on Duck Creek’s Content Exchange. At a time when supply chain delays and inflation are rapidly […]