Motor Insurance

Maybe Renting, Not Owning, Is The Classic Car Future?

Owning a classic car can be tremedous fun, but it can cost thousands in terms of vehicle storage, insurance, constant maintenance, plus the time involved in hunting down rare original parts, or having the car […]

News

CFC Expands Range of Fintech Products, As Sector Evolves

CFC, the specialist insurance provider and pioneer in emerging risk, has expanded its suite of products for financial institutions with the launch of a new solution built specifically to cover the risks faced by organisations […]

News

AXA and Western Union Team Up on Inclusive Payments Insurance

AXA today announced the launch of a collaboration with The Western Union Company, a leader in cross – border, cross-currency money movement and payments, to provide inclusive insurance products to Western Union’s customers using its […]

Insurance Regulation

FCA Gives Commerzbank a £37m Fine for Money Laundering #Fail

The FCA has today fined Commerzbank AG (London Branch) £37,805,400 for failing to put adequate anti-money laundering (AML) systems and controls in place between October 2012 and September 2017. Commerzbank London was aware of these […]

Insurance Brokers

Thorny Issue of Lost Holidays Could Cause a HR Headache This Summer

As employees return to work, UK businesses are likely to face a backlog of annual leave requests that could cost thousands of pounds.  By collecting data and analysing the average monthly salary at a baseline […]

InsureTech

Know Your Customer? Rainbird Aims to Help Vulnerable Credit Consumers

 Rainbird, the AI-powered intelligent automation scale-up, has announced a research partnership with the University of East Anglia (UEA) to support and empower vulnerable individuals through fairer credit decisions. The proposed tool is being designed to […]

News

Too Much Stick & No Carrot? App Data Needs to Be 100% Accurate

Following the news that Carrot Insurance telematics has allegedly been recording faulty driving data – that is, according to the BBC coverage of some Carrot policyholder experiences – drivers are looking in detail at how […]

Global insurance trends

UAE: Democrance Launches PI Scheme For Money Transfer Customers

Democrance, the UAE-born insurtech startup, has joined forces with AXA, one of the largest global insurers in the GCC region, to launch a new personal accident insurance scheme for customers of the international money transfer […]