Insurance Regulation

FCA Reveals More CryptoAsset Buying – Is It Time Insurers & MGAs Got Stuck In?

An estimated 2.6 million UK consumers have bought cryptoassets at some point, new FCA research reveals. As UK banks continue to offer abysmal interest rates and the stock market offers relatively high risks until a […]

News

Ransomware Attacks on The Rise, Says New Research By Beazley

Specialist insurer Beazley has reported a 25% spike in ransomware attacks in the first quarter of 2020 versus Q4 2019, based on incidents reported to in-house breach response team Beazley Breach Response (BBR) Services. While […]

Business

UK Companies Suspend Dividends, Insurers & Pension Funds Affected

UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut on the revenue generated. In turn, […]

InsureTech

Insurtech Companies Thriving in Brazil, Regulator to Establish Sandbox

According to the Brazilian Startup Association (ABStartups), the number of insurtechs jumped from 70 to 210 in the last three years in the country. Similar to fintechs in the National Financial System, insurtechs are 100% […]

News

Bought By Many Brings In Jim Sutcliffe as New Chair

Bought By Many, the UK’s most-trusted pet insurance provider, today announces Jim Sutcliffe as new company Chair. Sutcliffe brings over 30 years of experience in the insurance and asset management industry, including roles as Group […]

News

Plug & Play: Electric Car Charging Points Doubled in Last 2 Years

The number of electric vehicle (EV) charge points at supermarkets has doubled in the last two years, according to data analysed by Zap-Map and the RAC. Some 542 EV charger units were installed by supermarkets […]

News

UK Floods: Copart Recovers 3000 Vehicles In One Day

As the clear-up operation continues in flood-hit areas following the third consecutive weekend of heavy rain, leading salvage operator and online remarketing specialist Copart UK reports that it has recovered an unprecedented 3000 vehicles on just […]