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 […]

Insurance & Reinsurance

Snapsheet Working With Clearcover on Smoother Claims Payments

Snapsheet, a pioneer in virtual claims management processing technology, has announced a strategic new approach to digitizing payments for Clearcover. The auto insurance company, which leverages Snapsheet’s claims management software to digitize each step of […]

Global insurance trends

Atradius Report on Thailand Looks at Credit Risk for 2020/21

Trade credit insurer Atradius has published a new country report on Thailand. The new report forecasts a sharp economic slowdown for Thailand in 2020 with GDP expected to shrink by more than 5%. However, the future outlook […]

Opinion

Opinion: How Automation is Transforming The Fintech Sector

In the UK, many industries are taking advantage of the endless benefits automation is bringing. Indeed, research from digital intelligence brand ABBYY states that 64% of UK businesses already employ process mining technologies, and more significantly, 28% […]

InsureTech

Online Insurance Services Can Transform Africa – Inclusivity Are All Over It

Inclusivity Solutions, the company that designs, builds, operates and innovates digital insurance solutions, has secured an additional US$ 1.3 million in its second tranche of its Series A round, bringing the total Series A round […]

Insurance claims

Aviva Publishes 2019 Life & Illness Claims Payout Data

Aviva individual protection policies paid out £981,997,431 to more than 26,500 UK customers and their families during 2019, with just 3.7% of all claims received being declined, according to the latest press info from the […]