Geopolitical tensions across the Middle East following the US and Israel’s war with Iran will lead to a rapid rise in demand for political risk insurance.
The coverage includes approximately 250 million two-wheeler users and 30 million car owners.
The newly formed Verisk General Insurance UK & Ireland unit integrates the company’s international underwriting, IUPR, Claims UK and Ignite divisions.
Iris operates across three main businesses: Iris, its Lloyd’s wholesale brokerage; Blink Intermediary Solutions; and Vivid Underwriters.
