Global insurance trends

One Inc Launches ERA Solution in US Market

Some news from the US for you; One Inc, the leading digital payments network for the insurance industry, today announced the launch of its advanced 835 Electronic Remittance Advice (ERA) solution, fully integrated into the ClaimsPay® platform. […]

Insurance claims

How Do Life Insurance Payouts Work?

Life insurance is a valuable tool that provides financial protection for loved ones after a policyholder’s death. But how exactly do life insurance payouts work? Understanding the payout process can help beneficiaries know what to […]

News

With-Profits Customers Share in £54m From NFU Mutual

The latest from NFU Mutual, who have been sharing the profits – yep that’s how mutuals work, good system! Here’s the word; NFU Mutual shared a £54m Mutual Investment Bonus with eligible With-Profits customers in […]

Life/Health/Critical illness

L&G Agrees Bulk Annuity Deal With BHS Pension Scheme

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a £2.5 million bulk annuity transaction with the Trustee of The BHS Senior Management Scheme (“the Scheme”), securing the remaining members’ […]

Opinion

Can Ireland’s Politicians Derail The Compo Gravy Train?

Straight talking from the Editor’s keyboard; The latest development in Ireland looks like concrete action might be taken at long last to stop the large settlements for minor injuries, which partly account for the high […]

Emerging Risk

RMS Estimates Hurricane Sally Losses May Reach $3.5bn

 RMS, the world’s leading catastrophe risk solutions company, estimates that total U.S. insured losses from Hurricane Sally will be between US$2.0 and US$3.5 billion. The estimate includes losses to the National Flood Insurance Program (NFIP) […]