Insurance Regulation

Climate Impact Within Policy Books: Weighed, Measured & Reported

There is no doubt that every regulator will be looking for data on climate impact, Net Zero targets, insured asset carbon use rating, recycling and more in future. How are those green points going to […]

Insurance Regulation

FCA Reminds Insurance Brands to Help Struggling Consumers

The latest advice from the FCA; Financial Conduct Authority (FCA) is concerned that as pressure mounts on household budgets some customers may cut-back on the insurance they need, leaving them without protection. The government has […]

InsureTech

WaterStreet Launches New Policy Admin Platform

News from the USA; WaterStreet is proud to announce The New WaterStreet Policy Administration Platform, the next generation of P&C policy administration software. The new platform will revolutionize the industry with enhanced speed to market […]

News

Deals: Lumera Teams Up With Vita on Automated Admin

Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, has entered an agreement with Vita to deliver AI-driven automation for a significant part of Vita’s claims handling […]

Motor Insurance

Inflation Causing Drivers to Delay Fixing Windscreen Chips

With the cost of living squeeze continuing, Auto Windscreens data shows in August 2022 policyholders waited an average of 15 days before booking in their windscreen chip repair, compared to just eight days in August 2019. The […]

Insurance claims

Taxi Driver Who Made 100K Claim Has Licence Revoked

A taxi driver has had his licence revoked by Sheffield Taxi Licensing Authority (“TLA”) after he admitted that the claim he and seven other claimants brought for £100,000 was dishonest. Following a full investigation, carried […]

Insurance Regulation

Regulatory: LMA & IUA Agree Credit Risk Policy

The LMA, with the assistance of the Lloyd’ s Market Association (“Lloyd’s) and the International Underwriting Association (“IUA“) has published a model form of Credit Risk Insurance Policy (“CRI Policy“). The CRI Policy is drafted: […]