A significant proportion of businesses and SMEs have had to cancel their cyber insurance policies to manage the COVID-19 fallout, exposing themselves to cyber threats. COVID-19 has brought cybersecurity into…
Sky has agreed a deal to purchase smart home technology company Neos from insurer Aviva.…
The COVID-19 pandemic has brought motor insurance into the spotlight. Mileage has fallen, strengthening the case for usage-based insurance (UBI)…
Over the past year life insurers have had to rethink their strategies, being pushed to adopt greater levels of digital…
The augmentation of insurance policies has typically been restricted to life and healthcare insurance products. However, the concept of reward…
The reputation of the UK’s insurers and insurance industry has taken a hit due to its response to the COVID-19…
Following talks with French officials, Axa announced in May that it would no longer write cyber insurance policies that reimburse customers for ransom payments made to ransomware hackers. The policy…
Insurtech Urban Jungle is launching household insurtech targeted at younger homeowners. GlobalData statistics show this is a market ripe for disruption. GlobalData’s 2020 UK Insurance Consumer Survey found that 45.8%…
In March 2020, Aon announced it would be acquiring Willis Towers Watson (WTW) in a deal valued at $35bn. Aon proclaims that the combination of both all-stock transactions and equity…
Smartphones are present in every aspect of our lives, transforming ecommerce. At a time when connectivity continues to increase around the globe, Chubb has launched Pay As You Roam (PAYR),…
The Financial Conduct Authority (FCA) has announced new rules that, when implemented next January, will aim to shake up the pricing practices in the general insurance market, particularly when it…
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