COVID-19 will ramp up the pressure on insurers hit by natural catastrophe claims
The spread of COVID-19 is estimated to cost members of the Association of British Insurers (ABI) in excess of £1.2bn…
ByMonth: April 2020
LIBRA Insurance taps Human API Platform to simplify process of buying life insurance
Libra Insurance Partners (Libra) has forged a strategic alliance with health data platform provider Human API to enhance the life…
Bharti AXA General partners with PolicyBazaar to sell ‘Pay As You Drive’ cover
Bharti AXA General Insurance has partnered with web aggregator PolicyBazaar to sell ‘Usage-based Motor Insurance’ policies for private car owners…
Hiscox considers capital raise to deal with Covid-19 crisis
Bermuda-incorporated insurance provider Hiscox has revealed that it is currently considering a capital raise in order to deal with the…
Randall & Quilter secures $100m of new equity investment
Diverse insurance group Randall & Quilter Investment (R&Q) has secured $100m of new equity investment. R&Q secured the major part…
CAA Insurance taps CSIO to launch ‘My Proof of Insurance’ solution
CAA Insurance has selected Centre for Study of Insurance Operations (CSIO) to launch its ‘My Proof of Insurance’ solution for…
Insurtech Getsafe’s European expansion halted by coronavirus
Getsafe, which enables customers to take out insurance at any time using their smartphone and uses machine learning, had been…
By Grant Thornton unveils risk assessment tool to help companies amid Covid-19 crisis
Grant Thornton has launched the Pandemic Risk Assessment tool to assist companies in evaluating their operations against factors critical to…