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The decumulation market: the barriers and opportunities to future growth

Decumulation has brought high growth and high returns to many UK life insurers. Waheeda Narker, retirement & decumulation segment lead, …

Cover Genius bags $70m Series D amidst insurtech investment drop

Cover Genius has secured $70m in a new funding round at the same time as the rest of the insurtech …

Cost of living crisis hits insurtech startups as deals dry up

The cost of living crisis is to blame for insurtech deals running dry following the pandemic and we're all worse …

Ondo goes public with room for growth in home insurance incorporating water leak detection

Insurers have been slow to incorporate smart home devices into home insurance policies despite their ability to reduce the number …

By Miles eyes expansion as conditions are perfect for pay-per-mile insurance

UK-based pay-per-mile insurer By Miles is set to expand into Europe as it looks to make the most of how …

MetLife will be the worst hit life insurer in Ukraine owing to the ongoing political unrest

The full impact of the Russia-Ukraine war on insurers will not be known for some time, however, it is clear …

Russia’s Ingosstrakh will begin to feel the strain as it loses Generali and Western pressures mount

Generali has given up its seats on the board of Ingosstrakh, a leading Russian general insurer in which it owns …

Businesses increase the level of mental and physical wellbeing support to employees as awareness of both remains high

COVID-19 has brought a fundamental change, encouraging businesses to put more effort than ever into improving the wellbeing support offered …

Four insurtech trends to look for in 2022

Insurtech is a booming market, generating record levels of investment as funding surpassed $15m in the third quarter of last …

Arbol and Beazley roll out parametric climate risk management tool in US

A partnership between US-based climate risk solutions provider Arbol and insurer Beazley has introduced a range of specialist parametric weather …

Legal & General pays out record in retail protection in 2022

Legal & General paid out £883m ($1,092m), an average of over £2.4m a day, in retail protection claims in 2022, …

Modern Life expands insurance offering with Prudential

Life insurance brokerage Modern Life has announced a distribution agreement with Prudential Financial to provide an expanded range of products. Financial …

Allianz, AXA and SCOR exit NZIA amid antitrust violation allegation

Insurance majors Allianz, AXA and SCOR have exited the Net-Zero Insurance Alliance (NZIA), a global climate group for insurers convened …

Inszone acquires Citizens General Insurance Brokers

Inszone Insurance Services has purchased US-based Citizens General Insurance Brokers for an undisclosed sum. Established in 2011 by Philip McClendon, Citizens …