Against a backdrop of deteriorating property loss ratios and low premium growth, property insurers are earning high marks for overall customer satisfaction, but there are still some components of the claims process that are falling […]
The Association of British Insurers has today published new analysis which shows that general insurance and long-term savings companies in the UK paid out £153 million every day, which throughout the year is more than […]
In this latest Opinion piece, Igor Trambovetskiy, Senior Developer at DataArt, (pictured below) looks at the impact blockchain is having on car insurance, and tries to assess how quickly the process of claims settlement being inextricably […]
From launch in December 2018, buzzvault, the first hyper tailored home insurance policy based on a digital inventory of a policyholder’s home, will promise rapid claims settlement and the reassurance of complete transparency for more […]
Claims management companies are forcing up insurance premiums for businesses with vehicle fleets, experts have claimed. Fleet specialists ConstructionInsure.co.uk have warned that premiums have rocketed due to claims management companies putting in big bills for hire vehicles. […]
Getting video evidence from dashcams or smartphones can help speed up insurance claims, as insurers can assess the incident in real time and slo-mo. Anything that make sa difference in settling a run of the […]
Etherisc, the global, decentralized insurance platform for collectively building insurance products, has today announced its support for the first blockchain-enabled insurance product to combat catastrophic weather events in Puerto Rico. The hurricane insurance policy on […]
Insurers reacted quickly to help customers hit by last August’s riots, but the riot compensation scheme failed too many Londoners the ABI (Association of British Insurers) said today at the London Assembly. With latest figures […]
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