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Insurance claims

Insurers Make Parametric Pay Out on Coral Reef Damage

15 November 2022 alastair walker 0

Times are changing and maybe parametric payouts to governments, or their agencies who manage areas of natural beauty/scientific interest, will become the norm. Here’s the word from WTW; The first ever pay-out by the Mesoamerican […]

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News

New Survey Reveals Growing Cyber Risks For Directors/Officers

21 April 2022 alastair walker 0

Cyber-attacks and data loss are the top risks facing Directors & Officers, says a global Directors Liability 2022 survey from WTW and Clyde & Co. The survey identifies the key risks for Directors across the globe […]

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Insurance Regulation

Expect In-House Opposition to UK Solvency II Reform

17 February 2022 alastair walker 0

This is one we missed earlier in the week, but it’s worth thinking about the competitive advantage that UK insurers might have, once we are free from Solvency II regulations. The prize is a genuinely […]

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Motor Insurance

Deals: WTW Signs Up Tempcover To its Radar Live Platform

18 January 2022 alastair walker 0

WTW has announced a new deal with Tempcover that sees one of the UK’s largest short-term insurance brokers license Radar Live as its price delivery and decision engine platform. Combining WTW’s Radar Live technology with Tempcover’s […]

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Motor Insurance

Car Insurance Premiums Have Probably Bottomed Out

14 October 2021 alastair walker 0

Latest info from Confused.com and WTW suggests that premiums are at a relatively low point, which is understandable after lockdowns. The only way is up, now that supply chain problems with new cars, shortages of […]

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Insurance Brokers

GRP Completes on WTW Deal in Northern Ireland

4 October 2021 alastair walker 0

Global Risk Partners (GRP) has completed its acquisition of Willis Towers Watson’s (WTW) commercial risk and broking business in Northern Ireland. The £65m gross written premium (GWP) portfolio is now part of GRP’s Northern Ireland […]

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InsureTech

Insurtech Investment Is Off The Chart

28 April 2021 alastair walker 0

As fundraising activity in the global InsurTech sector continues to rebound from its brief COVID-19 related slowdown a year ago, global investment in the sector reached a new quarterly high of US$2.55 billion during the […]

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Emerging Risk

Willis Towers Sets Up Climate Risk Hub For Clients

10 December 2020 alastair walker 0

Increasingly, insurers and brokers need to advise their clients on climate change policies. There are government funds available for green strategies, varying regulations on carbon related industry around the globe, plus activists keen to damage […]

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