Global insurance trends

Commercial Rates Are Creeping Up, Says Marsh

Global commercial insurance prices increased 3% in the second quarter of 2023 (down from a 4% increase in Q1), according to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk […]

Insurance claims

Pet Data is Good, Especially When You Can Go Granular

Pet Score from CRIF enables insurers to better assess the risk associated with pet insurance policies based on geographic location at a micro level.  Integrating this new, additional data into the premium pricing process at […]

Global insurance trends

GlobalData Report Looks at Singapore Property Sector

The latest report from GlobalData looks at Property insurance in Singapore. Singapore property insurers are expected to remain profitable in 2023 due to disciplined underwriting, adequate reinsurance coverage, and growing premiums from compulsory fire insurance, […]

News

Buildings & Contents Cover Still Good Value Says ABI

Latest from the ABI; Despite surges in weather related claims and more expensive building materials, the average price of combined home buildings and contents insurance rose by less than the rate of inflation over the […]

News

GlobalData Report on UK Car Premiums: Multiple Factors at Play

Is the only way up when it comes to motor insurance premiums? Possibly, according to research from GlobalData below. That said, switching providers and shopping around does not alter some of the fundamental factors at […]

News

Imburse Teams Up With RightIndem on Smoother Payments

Payment platform provider Imburse has become a strategic partner of claim reporting platform RightIndem, enabling insurers to easily integrate payment and claims management systems. RightIndem’s cloud-based software is designed to handle the First Notice of Loss (FNOL) transaction, […]