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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 Brokers

Actuaries Now Playing Bigger Role in Equity Release

8 December 2022 alastair walker 0

A review of actuarial work in the equity release mortgage market has found that actuaries are using their skill sets beyond the traditional areas of valuation and capital. Organisations offering equity release products also view […]

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Insurance Brokers

BIBA Partners With QuestGates on Valuations

21 September 2022 alastair walker 0

The British Insurance Brokers’ Association (BIBA) and loss adjuster QuestGates have published a guide to valuations for BIBA’s insurance broker members to use with their customers. This new guide is the second of the year […]

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Insurance claims

How Do You Value Cars Now? By Crunching Data 24/7

21 June 2022 alastair walker 0

Audatex, a Solera company, has upgraded its market-leading valuation product Market Value Manager (MVM) to now include eBay-owned Motors.co.uk and cap hpi’s live vehicle valuation data. This advanced offering will assist insurers and their customers […]

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Underwriting transformation

Fidelis Makes Key Hires as It Expands Fine Art/Specie Offer

27 August 2020 alastair walker 0

Accurately valuing a work of art isn’t easy, so specialised knowledge is needed before offering a quote on loss or damage. So, to spearhead its entry into the Contingency and Fine Art & Specie markets, […]

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Global insurance trends

Mahindra Switches to Contactless Car Buying/Leasing, with Own Online

10 May 2020 alastair walker 0

The idea that renting a car is better than owning one, and taking the hit on depreciation, is becoming a global trend. In the wake of Covid-19, maybe the future of car retail is online, […]

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Legal

Markel Loses UKAF Court Case

22 April 2020 alastair walker 0

UK mortgage lender UK Acorn Finance (UKAF) has been awarded £16 million damages by the High Court in a notable third-party rights judgment. UKAF brought the claim against insurers, Markel, under the Third Party (Rights Against […]

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Motor Insurance

KASKO and OCC Partner Up On New Classic Car Insurance Product

15 April 2020 alastair walker 0

KASKO, the London InsurTech company changing the way insurance incumbents and startups scale and launch new products, has announced its latest partnership with German Managing General Agent (MGA) OCC. The digital classic car offering for […]

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