The English private rented sector has doubled in size since the early 2000s, according to the English Housing Survey, accounting for 19% of households in 2019–20. But renters are much...
The mistrust in robo-advisors’ technology will need to be tackled over a longer period of time. The majority of consumers…
UK insurer Aviva is planning to shutter some of its offices across the UK, allowing its employees to continue working from home even beyond the…
Insurtech Tinubu Square, which provides enterprise software solutions to credit and surety insurers, has announced technological cooperation with tech giant Microsoft. As part of the…
US-based property and casualty insurer Skyward Specialty Insurance Group has acquired Aegis Surety from K2 Insurance Services. Simultaneously, the company…
American insurer Genworth Financial has reportedly started informing several of its employees that their jobs are being slashed. According to…
British bank HSBC and the insurance venture of Malaysia’s Maybank are reportedly contending to acquire French insurer AXA’s Singapore operations.…
US-based investment firm Sixth Street Partners has signed a definitive agreement to acquire Talcott Resolution Life Insurance Company for $2bn.…
With the advent of digitisation, customers are increasingly seeking to purchase insurance directly, bypassing intermediaries. More online sales are being completed using smartphones, which is generating greater interest in digital…
The COVID-19 pandemic is a leading reason why SMEs are switching insurers in 2020. This is especially true in more niche lines, with businesses realising the importance of holding insurance…
Home, renters, and pet insurer Lemonade has continued its European expansion into France, where it has begun selling renters’ insurance. This follows a strong initial public offering (IPO), with the…
Usually, artificial intelligence (AI) and machine learning is associated with job losses as people are replaced by machines. Insurer Zurich has decided to go in…
Since March 2020, the UK government has implemented measures to alleviate the pressure on the NHS and a new health strategy, alongside ongoing social distancing…
Insurance has often been regarded as an unwieldy process. However, with developments in artificial intelligence (AI), could the insurance experience…
If there is one positive to take from the coronavirus pandemic, it’s that businesses have found more innovative and creative…
As the initial operational shocks of COVID-19 are starting to subside, UK life insurers are tackling the question of how…
As the world addresses the fallout from the pandemic, insurers risk putting cost cutting first, with product innovation, customer service…
Income protection market looks set for a positive year as COVID-19 sparks interest
The COVID-19 pandemic has led many consumers to reassess their financial situation. In some cases, vulnerabilities have been spotted, causing them to seek out the relevant protection insurance, with the…