Insurance Regulation

FCA Updates Guidance on Vulnerable Customers

The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers. There’s some comment from Huntswood below too. More than 24 million people display one or more potential characteristics […]

Insurance Brokers

Ordo Cuts Costs for SMEs on Instant Card Payments

UK small businesses spend 1% – 4% on receiving each cash, cheque or card payment – around £6 on a £200 bill…that’s a couple of coffees or lunch businesses are shouting their payment company on every transaction. […]

InsureTech

India: Jio and Qualcomm Team Up on Huge 5G Rollout for SMEs

Insurers who want to do business in India will be interested to learn that the largest mobile network in the country, Jio Platforms, has formed a partnership with Qualcomm Ventures. The aim? Reliable 5G connectivity […]

Global insurance trends

US Market: Late Payments Are Putting the Squeeze on Businesses

Late payments have soared in the USMCA region as businesses are squeezed by the impact of COVID-19, reveals the latest research by leading trade credit insurer Atradius. The annual Payment Practices Barometer by Atradius analyses the payment behaviours […]

Global insurance trends

GlobalData Sees Tough Time Ahead for Canada Insurance Sector

COVID-19 pandemic has entailed a greater degree of adoption of digitalization by brokers, agents and insurers in the Canadian insurance industry to ensure remote connectivity with customers, says GlobalData, a leading data and analytics company. […]

UK Insurance Trends

Shift To Digital Financial Services Gathers Pace After Covid-19

New research from Investec reveals that once the worst of the Coronavirus pandemic is over and the lockdown is removed, 45% of people with savings accounts believe they will be more likely to manage them […]

Insurance Regulation

FCA Suggests More Help For Borrowers, Extended Deferment, Freezes etc.

The Financial Conduct Authority (FCA) has today announced proposals which would provide continued support for users of certain consumer credit products, who are facing a financial impact because of the exceptional circumstances arising from coronavirus. […]

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 […]