News

Small Traders Chasing 7K in Late Payments on Average

New research from Direct Line business insurance reveals tradespeople are currently owed on average £6,984 which is past the due date for payment. Late payments are a longstanding issue and many tradespeople have had to […]

Insurance Regulation

Funeral Payment Plans: FCA Refuses One Life Application

Latest from the FCA; The FCA has issued a Decision Notice to One Life Funeral Planning Ltd (One Life) refusing the firm’s application for authorisation. One Life could not demonstrate that it was able to meet […]

Opinion

Tracking Payments Can Help Prevent Insurance Fraud

This Insights piece is by Leonie Belz, (pictured) Payments Product Manager at global payments platform, Vitesse. It looks at how more accurate, and real time data on payment transfers, can help insurance brands prevent fraud. […]

Insurance Brokers

Aura Parametric Can Rok The Caribbean

Aura Underwriting, part of Rokstone, the Aventum Group’s Global Specialty (Re)insurance MGA, has today announced the launch of Aura Parametric, a new Caribbean parametric product to complement its existing Lloyds Caribbean binder.  The product provides reinsurance for hurricanes that […]

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Travel Insurance

Could Parametric Become Default Setting on Travel Cover?

Is parametric insurance going to become the default setting in the Travel sector? Pattern think so, here’s the word; Instant compensation driven by developments in parametric insurance is set to become a prominent offering in […]