Global insurer Hiscox has appointed former Allianz UK leader Jon Dye as the new chief executive for its UK business to help drive it to a greater scale Hiscox is a global insurer company which announce to appoint Joe Dye…
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Brit expands ILS investment platform Sussex Capital with new hires
After a successful 2021 financial year, global speciality insurer Brit Limited (Brit) has started the next phase of growth of its ILS investment platform, Sussex Capital, by welcoming Cornell Fox and Masa Kitade to the team. An ILS specialist, Fox…
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Bruce Stevenson reports powerful 2021 results, merges Glasgow bureau with Aston Lark
Bruce Stevenson reports strong 2021 results, merges Glasgow office with Aston Lark The Edinburgh-headquartered insurance broker Bruce Stevenson has today reported revenue and GWP increases of 7%, with trading income up £600,000 to £8.7 million and GWP standing strong at…
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Actual reality and insurance claims – Aviva reveals a link
It turns out virtual reality (VR) is resulting in real-life accidents, according to Aviva’s analysis of home contents insurance claims linked to VR games and headsets. “As new games and gadgets become popular, we often see this playing through in…
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Ecclesiastical’s Movement for Good awards donate further £200,000 to five charities
Since Ecclesiastical Insurance Group’s Movement for Good awards launched three years ago £3 million has been given to charities across the UK and Ireland. Today the insurer announced it has donated further £200,000 to five causes across the UK to…
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BoE’s Andrew Bailey on the prudential government for UK insurers
“The case for reform is clear.” Those were the words of Bank of England (BoE) governor Andrew Bailey during his speech at the recent TheCityUK Annual Dinner, at which he talked about financial system resilience and why it’s necessary, following…
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Four steps to perfect Insurtech Customer Experience Metrics
Andi Dominguez, Global Insurance Principal at Quadient explores how can insurers keep customers happy in a period of change The real change in UK insurance industry happened that in last few years the rise of comparison in wedsites and willingness…
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Partnership spurs creation of Health Insurtech business
AIA Group announces partnership with Discovery Group, unveiling the fruits of historic collaboration: joint pan-Asian InsurTech venture, Amplify Health AIA group is integrated digital health company Discovery Group and is exclusively marketed for the citizens of Asia but not this…
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Insurtech FloodFlash hits US$15mn in Series A funding round
The capital will be used to drive parametric insurtech FloodFlash’s international expansion strategy and help close the flood insurance protection gap The Uk parametric insurtech FloodFlash has raise US$15mn in the lastest funding round. This will use to drive the…
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2021 saw a 31% increase in VR-related insurance claims
Insurer Aviva found a 31% jump in home contents claims involving virtual reality (VR) headsets last year, marking a 68% overall increase since 2016 Aviva has revealed that the claim involving VR rose by 31% by last year. The incidents…
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