Zurich utilising AI to create jobs, not lose them
Usually, artificial intelligence (AI) and machine learning is associated with job losses as people are replaced by machines. Insurer Zurich…
06 Nov 2020
Parametric insurance will become increasingly popular in the face of climate change
The insurance industry has seemingly awoken from a slumber in the last few years, now comparatively surging with innovative energy and insurtech propositions. Parametric insurance, where a pay-out is made…
06 Nov 2020
06 Nov 2020
Insurers must maintain strong communication with SMEs during second COVID-19 lockdown to retain customers
A rare positive for insurers from the pandemic is that SME customers believe their communication with regards to COVID-19 has been strong, and this will remain essential as we enter…
06 Nov 2020
COVID-19 downturn is expected to have wider implications on the sales of insurance products via price comparison websites
Purchasing insurance products via price comparison websites (PCW) has long been a popular choice among UK customers and COVID-19 is affecting it. Given that PCWs rely heavily on returning customers…
30 Oct 2020
30 Oct 2020
A new wave of COVID-19 cases could force insurers to limit cover once again
A number of travel insurance providers currently offer policies that will pay out in the event of trip cancellation for COVID-19-related reasons. However, one key player in the market has…
30 Oct 2020
30 Oct 2020
IPT removal or reduction for younger drivers using telematics would lead to decreased claim payout costs
Young and inexperienced drivers who pay more for their motor insurance premium on average are impacted the most by the insurance premium tax (IPT). There are calls for scrapping, or…
30 Oct 2020
Covid-19 Insurance Influencers trends: Covid-19 leads Twitter mentions in Q3 2020
Life Insurance International lists the top five terms tweeted by Covid-19 insurance influencers in Q3 2020, based on data from GlobalData’s Influencer Platform. The top tweeted terms are the trending…
26 Oct 2020