Hurricane Dorian: RMS Estimate Potential Costs of $6.5bn
RMS, a leading global risk modeling and analytics firm, has estimated that insured losses to the Caribbean from Hurricane Dorian will be between $3.5 and $6.5 billion. This [...]
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CoverGenius Survey Reveals Consumers Waiting 10 Weeks for Claims Pay-Outs
The whole point of insurance is that it kicks in when something goes wrong, and you get your car fixed, your stuff replaced, or a tidy sum to get some new stuff. Naturally, [...]
Claims Update: Scottish Widows Pays Out on 99% of Life, 94% on Critical Illness
Last year, 99.3% of life claims and 94.1% of critical illness claims were paid out by Scottish Widows, according to the insurer’s latest claims statistics. This represents [...]
UK Companies Struggling with Debt Are Making More Insurance Claims
Insurance payouts that provide a lifeline to help businesses struggling to cope with bad debts are at their highest level since 2009, with the equivalent of 50 new claims [...]
PolicyBee Picks Up Feefo Customer Review Award for 5th Year Running
A leading Suffolk-based insurance broker is celebrating being recognised for providing a trusted service. PolicyBee, based at Brightwell Barns in Ipswich, has been awarded [...]
Zurich Pays Out on 97% of All Life and Critical Illness Claims
Insurer Zurich, announces that it paid 97% of all protection claims in the first half of 2018. Payments of over £116.8m benefited over 1,500 retail customers with Life, [...]
MIB Mutually Funded Cover Will Be Offered to Terror Attack Victims
Most car and van policies exclude damages or claims arising as a result of terror attacks. But now things are changing, as the UK insurance industry accepts vehicles may be [...]
Etherisc Launches Blockchain Insurance to Cope With Storms & Disasters
Etherisc, the global, decentralized insurance platform for collectively building insurance products, has today announced its support for the first blockchain-enabled [...]