Global insurance trends

Ascend Raises $30m in Series A Round

Ascend, the first modern insurance payments platform, today announced that they have raised a $30M Series A in equity funding, bringing the total funding raised to $39M along with a $250M lending commitment to finance […]

Travel Insurance

Blink Parametric Teams Up With Canadian MGA

Blink Parametric, one of the world’s fastest-growing Insurtech companies has announced its partnership today with AwayCare, a premier Managing General Agent (MGA) provider of travel insurance products in Canada.  The coverage will be underwritten by leading Canadian […]

Technology

Payments By Phone? Just Chill

PCI Pal, (LON:PCIP) – the global provider of cloud-based secure payment solutions – has upgraded Chill Insurance’s payment security solution to aid secure and compliant payment card transactions, regardless of whether contact centre agents are working onsite or […]

News

LV= Continues To Promote Bain Deal as Best Option

Liverpool Victoria, better known as LV= is continuing its PR campaign to persuade members to vote yes to the Bain deal. Here are some extracts from the latest website update; David Barral, Senior Independent Director […]

Global insurance trends

US Will Lead The Way on In-Vehicle Payments

A new study from Juniper Research has found the global transaction volume of in-vehicle payments will exceed 4.7 billion by 2026, up from just 87 million in 2021. In-vehicle payments are those where payments are made via […]

Technology

Payments By Text? Customers Want It, Let’s Make It Happen

Take payments via text mesaage? That sounds pretty handy.  SPLICE Software, (SPLICE), a customer engagement company specializing in automated communication workflows and digital communications, announced recently that text payments for policyholders, automated via an integration […]

Life/Health/Critical illness

Bain Is Set To Become a Big Player in UK Life Market

The £530m deal which will see Bain take control of LV= Life business, announced late 2020 is reaching the end of the regulatory process. Despite some opposition from MPs and members of LV= who prefer […]

UK Insurance Trends

Atradius Highlights Risks Across Construction Sector

Insolvencies in the construction sector could rise as much as 25% in the next six months despite a rebound in orders, reports trade credit insurer Atradius. In its new Industry Trends: Construction report, Atradius details how the UK […]