Insurance claims

Industry Stats Show £5 Billion Worth of Protection Claims Paid in 2017

New figures released by the Association of British Insurers (ABI) and Group Risk Development (GRiD) show that the insurance industry paid out a record £5 billion in protection claims in 2017 – representing an increase […]

insurance marketing

Insurancefair Launches Bespoke Wedding Cover Product

Insurancefair is passionate about providing customers with quality insurance products and they are pleased to announce the launch of Insurancefair Wedding, which provides an innovative product in the wedding insurance market. One of the main […]

Insurance Brokers

PEX Insure Chooses SSP Pure Broking for its Motor Product

PEX Insure, the managing general agent (MGA) founded by Byron Shepherd, has chosen two separate SSP platforms to distribute its insurance products. Shepherd was formerly one of the heads of the Motor Insurers’ Bureau (MIB), […]

Life/Health/Critical illness

Sun Life Continues to Grow Market Share

SunLife, the UK’s most successful direct marketing over 50s brand, has reported continued substantial growth in 2017, achieving robust performance in all business areas, as life after 50 proves to be a golden age. SunLife […]

Global insurance trends

Brexit: AIG Sets Up UK and Luxembourg Operations

American International Group, Inc. (NYSE: AIG) today announced the authorisation of new insurance companies in the United Kingdom (UK) and Luxembourg that will see all business transferred to the new entities ahead of the UK […]

Motor Insurance

RAC Say Pothole Breakdowns at Highest Level Since 2006

The proportion of RAC breakdowns caused by potholes in the first quarter of 2018 was the third highest recorded since 2006 when tracking of such faults started. An analysis of RAC breakdown data has revealed […]

Business

Acquisitions: Jelf Snap Up Scottish Broker, Clark Thomson

Jelf, an award-winning consultancy specialising in insurance, risk management and employee benefits and part of Marsh, a global leader in insurance broking and innovative risk management solutions, today announced that it has reached an agreement […]

Fraud

Digital Intel Will Help Managers With Compliance Issues

A new ‘digital intelligence’ service is helping banks and financial institutions to meet the challenges of the new Senior Manager regime. The service from London-based tech company Neotas provides a way for employers to evidence […]