All articles by Clare Ruel – Page 109
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News
Insurance industry backs government’s flood investment plans in fight against climate change
The insurance industry has commended the Department for Environment, Food and Rural Affair’s (DEFRA) record investment £5.2bn as it sets out long-term plans to mitigate flood risks against the backdrop of climate change. Many agree that a common goal must be established to reduce the damage caused by flooding.
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Lemonade enters pet health insurance market
US-based insurtech Lemonade has entered the pet health insurance market following its move to file for an IPO.
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African-Caribbean Insurance Network berates insurers for lack of ethnicity pay gap reporting
Group calls for industry to commit to establishing data on their ethnicity pay gap, among other measures
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Saga to make 300 redundancies as pandemic impacts travel insurance industry
Saga’s staff at its Folkstone and Ramsgate sites are facing redundancy as Covid-19 continues to impact the travel insurance industry heavily, the over-50’s insurer has been contacted for further comment.
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Insurance industry BAME retention issue ‘down to culture’ – African Caribbean Insurance Network
The insurance industry has long had an issue with retaining black and ethnic minority staff and this is ”down to culture”, this is according to the African Carribean Insurance Network.
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African Caribbean Insurance Network reveals six steps to racial inclusion in London Market
The African Caribbean Insurance Network (ACIN) has revealed its six recommendations to boost racial inclusion in the London Market.
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Flood Re endorses government investment and scheme changes
Flood Re has endorsed the government’s plans to invest in the UK’s flood resilience and the changes to the scheme.
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Covid-19 pandemic increases awareness of insurance coverage – Guidewire
The pandemic has increased consumer awareness of insurance coverage, and almost one in three (31%) said that they would be more careful in understanding what their insurance policy covers.
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The history (or mystery) of the broker remuneration debate
The debate recently resurfaced following a report from Mactavish which called out the broker model, but what is the history behind the debate?
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Webinar Brokers & coronavirus: What challenges will brokers face post-covid and what role will technology play this year and beyond
The Covid-19 pandemic has not come without controversy to the insurance industry, this is the second in a series of webinars, our expert panel discuss what brokers are doing to overhaul their businesses and adopt more digital methods.
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News
Insurtech honcho in final stage of capital investment raise
Durham-based reverse comparison auction insurtech honcho is in the final stages of its 2019-2020 £2.25m investment raise.
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Webinar Insurers & Coronavirus: Will the crisis speed up the digitalisation of legacy systems?
The Covid-19 pandemic has put pressure on the industry to adapt to new technolgies, in the third of a series of webinars we explore the various ways to overcome the challenges posed by siloed back-end systems.
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News
Pool Re warns SMEs against bypassing the broker for terror cover
The broker is crucial to SMEs buying terrorism cover, but most businesses favour digital methods of purchasing this.
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Climate change threatens Flood Re 2039 market exit target
By 2050 flooding annual losses are expected to increase by between 25-85%
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IT Interview
‘Future of insurance as insurtech’ more crucial than ever says Insurtech Board chairman
The future of insurance is insurtech and this is more important now than ever as the UK emerges from lockdown, according to the chairman of the Insurtech Board (Tech Nation UK).
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Pikl reveals MGA under its new partnership
Sharing economy insurance specialist Pikl has revealed the MGA under its new partnership with three firms. Read more…
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News
Revealed: Technology & Innovation Awards finalists 2020
The Insurance Times’s Tech & Innovation Awards 2020 recognise the finest in the UK general insurance technology and innovation arena, such as individuals and teams embracing emerging opportunities and leading the charge for a better customer experience. Here we reveal the finalists…
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Insurtech trade body teams up with investment platform to boost sector growth
Trade body – Insurtech UK has partnered with online investment platform, Seedrs to help fuel the insurtech sector’s growth.
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Aviva commitment to UK GI seen in Blanc hire - brokers react
News of Blanc’s appointment was seen as positive by a broad swathe brokers, but not everyone welcomed the move