All articles by Ronan Mccaughey

Ronan Mccaughey

InsurTech VC investment hits $1bn in H1 2016

InsurTech is “coming into its own” as an area of fintech for venture capital investment – hitting US$1bn across 47 deals in H12016 – according to the latest quarterly fintech venture capital report from KPMG and CB Insights.

Zurich revamps digital workplace proposition to offer protection insurance

Zurich UK Life has enhanced its digital proposition for workplace retirement scheme customers, FutureYou, which was launched in May 2016.

UNA: Insurance ‘add-ons and extras’ can strongly influence consumers

A broker survey has found pricing factors strongly for consumers in insurance-purchasing decisions, but many can also be influenced by ‘add-ons and extras’ – despite a recent Financial Conduct Authority (FCA) ruling.

Asset-liability mismatch leaves German life insurers exposed

Significant asset-liability duration mismatches, combined with previous widespread use of investment guarantees to customers, mean German life insurers are the most exposed in Europe to the risk of interest rates remaining low for an extended period, Fitch Ratings says.

Guidelines from Ugandan insurance regulator to facilitate new products

Uganda’s Insurance Regulatory Authority (IRA) is reportedly set to devise guidelines for the introduction of new insurance products as the Ugandan industry seeks to deepen insurance penetration.

UK’s Insurance Act comes into force

The UK’s Insurance Act – described as “the most significant change to insurance contract law” in the UK for over 100 years. – has become effective today (12 August).

Prudential protection poll reveals ‘life insurance disconnect’

Prudential has found 70% of Singaporeans have not increased their life insurance cover over the last five years to keep pace with rising income levels.

Insurers are “just dipping their toe” in the digital camp, says UK expert

Insurers have a foot in the analogue camp and “are just dipping their toe” in the digital camp, according to Guy Williams, sales and marketing director for LISS Systems, a UK-based provider of policy administration services for the life and pensions industry.

Commitment to changing UK tax law on life policies welcomed

The UK’s Chartered Institute of Taxation (CIOT) and its Low Incomes Tax Reform Group (LITRG) have welcomed the UK government’s commitment to change the law to avoid people being taxed unfairly on their life insurance policies.

AIA Group becomes world’s #1 MDRT company for 2nd consecutive year

AIA Group has announced it has become the only company in the world to have achieved the largest number of Million Dollar Round Table (MDRT) members for two consecutive years.