India: IRDAI Stands Firm on Corona Claims – Insurers MUST Pay Up
India’s insurers are braced to expect a raft of claims as Coronvirus sweeps across the country, and the regulator IRDAI insists that healthcare and hospital claims WILL [...]
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Italian Insurtech Association Founded to Promote Innovation
Just spotted online, this new association aims to promote new ideas within the Italian insurance sector. Here’s the press statement; To accelerate the digital [...]
insurthebox Offers New Drivers Protected NCD After Just One Year
Telematics insurance pioneer, insurethebox, has taken a major industry step to give young drivers earlier access to the benefits of Protected No Claim Discount. The new [...]
ECJ Delivers Judgement on Gefion Insurance vs Corporis
The Court of Justice of the European Union on 27th February 2020 delivered its judgment in Corporis/Gefion Insurance, Case C-25/19. The case concerned rules surrounding [...]
Royal London Turns Loss Into Profit, But Corona Warning Note Added
The latest financials from Royal London show that a loss in 2018 was turned into a healthy profit of £436m before tax in 2019. Net asset management revenue went up by 29%, [...]
Old Mutual Likely to Have a Tough 2020, As Corona Virus Spreads
Reuters is reporting that Old Mutual has issued a statement that highlights the effects of CoronaVirus on the insurance sector. Although the eventual claims bill is a matter [...]
Car Claims: Peugeot-Citroen Launches New Accident Repair Network
As modern cars become packed with more complex technology, including battery packs, Regen systems to provide charge when braking, LiDAR, cameras, collision avoidance tech [...]
INSTANDA Raises $19.5M in Series A Funding
INSTANDA, the leading customer and policy management platform for the insurance industry, has completed a $19.5m Series A fundraising round, the company has announced today. [...]