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Global insurance trends

Rising Asset Values Noted By Aon in New Cat Losses Report

26 January 2023 alastair walker 0

Latest from Aon, who note that the cost of repairing infrastructure after Cat events continues to increase, so even if the frequency, or severity, remains the same. In short, the asset value affected by a […]

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Insurance claims

Poor Risk Procedures Led to Fatal Site Incident

24 January 2023 alastair walker 0

A construction company has been fined £146k after a joiner was crushed and killed by a 20-tonne excavator. Philip McDonald had been hired by Birch Brothers (Kidderminster) Ltd to assist with the construction of a […]

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Global insurance trends

Medibank Is On The Up Down Under, Says GlobalData

24 January 2023 alastair walker 0

Latest from GlobalData; Medibank regained its position as the leading Australian health insurer in 2022, ending the six-year dominance of Bupa, says GlobalData, a leading data and analytics company. GlobalData’s Insurance Database reveals that in a highly […]

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technology

Reports: WTW Looks at The Renewables Trilemma

19 January 2023 alastair walker 0

Where are we on renewables now that the costs of wholesale electricity and gas have risen sharply? Renewables will remain the darling of the global energy transition says Willis Towers Watson, yet risk managers will […]

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Insurance claims

10K Trip & Fall Claim Turned Out to Be Full of Holes

17 January 2023 alastair walker 0

An interesting claims case summary from Davies; A claimant who fell off a coffee table and tried to blame her injuries on a pothole has been sentenced to 12 months imprisonment, suspended for 18 months, […]

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InsureTech

New Report Covers The State of The API Nation

13 January 2023 alastair walker 0

OK APIs aren’t quite a nation unto themselves – yet. But they are the building blocks of modern insurance systems, so it’s worth noting the latest trends in the market. Here’s the word from Rapid; […]

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Insurance claims

Comms Are an Integral Part of The Customer Experience

13 January 2023 alastair walker 0

A new study, The State of Outbound Communications in 2022, commissioned by Neustar, a TransUnion company and conducted by Forrester Consulting, found that respondents’ top business goals include a focus on improving the customer experience (CX) and that outbound communications […]

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Global insurance trends

GlobalData Looks at Saudi Insurance Market

6 January 2023 alastair walker 0

Little market snapshot from GlobalData; Saudi Arabia’s general insurance industry is expected to grow at a compound annual growth rate (CAGR) of 6.2%, from SAR40.3 billion ($10.7 billion) in 2021 to SAR54.6 billion ($14.5 billion) […]

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