InsureTech

Start-Ups: vipHomeLink Raises $1.4m in Second Round Funding

Investment within insurtech is still a lively part of the insurance eco-system, with motor, home, life, healthcare and gadget insurance all high on the list whehn it comes to disruption. Here’s some news about vipHomeLink.com, […]

Insurance Brokers

Broker Update: Willis Re Has US Fire Risk Underwriting Data

Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has deployed a wildfire risk solution that can be used throughout the U.S. to assess location […]

Global insurance trends

US Market: Geico Launches Bespoke Jewellery Insurance Product

One of the big names in the US insurance market, especially car cover, Geico has recently launched a specialised jewellery insurance product. Homeowners or renters are eligible to take out policies, which may cover jewellery damage or loss up […]

Insurance & Reinsurance

Reinsurance: Willis Towers Publishes New Market Insights & Data

Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from Willis Re, the reinsurance division of […]

News

Regulatory: Moody’s Warns on US Plans to Curb Surprise Medical Bills

Solutions put forward to resolve the problem of surprise medical bills are a growing social risk for the healthcare industry, Moody’s Investors Service says in a new report. Unexpected bills are generally received by insured […]

News

Average Travel Insurance Claim is Now £1300 – Over £400m Paid Out in 2018

The Association of British Insurers (ABI) today reveals that the average medical claim on travel insurance surpassed £1,300 for the first time ever in 2018 – reaching £1,368. Claims can easily reach the tens of […]

Global insurance trends

Global Trends: CNA Hardy Study Finds Eastern Optimism, Western Gloom

CNA Hardy’s 2019 Global Risk & Confidence Survey published recently finds that as global, interconnected risk becomes a reality, reputational risk is rising and business confidence is on the slide. Research for the latest edition of the […]

Insurance Brokers

Gallagher Buys Up Jardine Lloyd Thompson Aerospace Operations

Gallagher, a global insurance, risk management and consulting services company, today confirmed that the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on 1 June, 2019. The addition of JLT’s […]