Insurance Regulation

FCA Fires Warning Shot on Low Write-Off Offers

The latest from the FCA, who will be looking for complaints form consumers that they have been offered low payouts on claims. Insurance firms have been warned not to undervalue cars and other insured items […]

Global insurance trends

RMS Takes a Punt on Hurricane Ian Damage Estimates

 RMS®, estimates total private market insured losses from Hurricane Ian to be between US$53 billion and US$74 billion, with the best estimate of US$67 billion. RMS also estimates the National Flood Insurance Program (NFIP) could see […]

Insurance Regulation

Moody’s Launches ESG Underwriting Solution

ESG reporting is one of the big time and money headaches facing insurers in the remainder of the 2020s. But the climate change agenda is an integral part of corporate reporting, so tracking carbon usage […]

InsureTech

Ed Gaze Joins Value.Space

Ed Gaze, formerly head of innovation at Lloyd’s of London and the head of the Lloyd’s Lab Accelerator programme, has joined UK insurtech Value.Space as an investor and advisor. The move comes as Value.Space – formerly Sille Space […]

UK Insurance Trends

Location, Location, Location Is The Intel You Need

 Covenant Underwriters, the e-commerce insurance program administrator, is using Location Intelligence API from RMS®, a Moody’s Analytics company and world-leading risk modeling and solutions company, to provide real-time premium indications to its clients during the quotation process. RMS Location […]

Motor Insurance

Car Insurance: Are We Seeing Value Replace Cheapest Price?

Are we heading towards a more value driven car insurance market, where the cheapest quote on a comparison site is not the biggest factor? Maybe so. Here’s the word; Trakm8 has commissioned a new national […]