Revolut wants to create an insurtech business
Mobile banking startup Revolut, which earlier this year raised $500 million at a $5.5 billion valuation, is hiring a VP of Insurance
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Google parent firm launches health insurance business
The company will sell stop-loss insurance, a type that helps cover unexpectedly large claims against employers who self-fund their...
Ecclesiastical hit by £59.7m loss due to Covid-19 impact
Early reporting showing the impact of COVID-19 and the rapid short-term investment loss from financial markets downward trends.
"Despite...
Is your business ready for the challenges and advantages of long term remote working?
COVID-19 has rapidly accelerated businesses' ability and willingness to work remotely. Whilst some businesses may not have chosen to...
Remember, Remember…Digital in September (still possible for BI claims)
The FCA Business Interruption case ruling has moved back to September… For some insurers, that creates more time to be ready and some...
Why reinsurance is booming after pandemic disaster
Covid-19 outbreak means big-ticket buyers have no alternative to purchasing expensive coverage from reinsurers
In the June-July renewal...
Claims management specialists should be carefully considering capacity given the latest surge in temperatures and soil drying.
Red Alert and commentary below by Michael Lawson CEO Property Risk Inspection Limited even as UK has experienced thunder and lightning...
Ten take-home points for Banks and Insurers – The PRA’s Dear CEO letter on managing climate-related financial risks
Earlier this month the PRA published its Dear CEO letter on managing climate-related financial risks. The letter reflects the PRA’s...
Ripple still trying to find compelling uses for the blockchain technology
A cautionary tale that there is a long tail between launching a technology and making it a commercial success. And blockchain is old in...
The astonishingly good but predictably bad AI program
OpenAI’s GPT-3 technology could significantly enhance human productivity and creativity but raises serious questions
GPT-3...
Meet The Businesswoman Shaking Up The Car Insurance Game
White’s determination led her to set up her own business at just 24.
“When it came to work, I quickly realised that the conventional path...
Aviva pays Covid-19 BI claims under broker wordings despite ‘not covering pandemics’
"Amanda Blanc confirms that the insurance industry has ‘some work to do’ in order to bounce back from the reputational onslaught...
UK insurer Hastings to be taken private in £1.7bn deal
South Africa’s Rand Merchant and Finnish insurer Sampo offered nearly 50% premium
There has been rising interest in the UK general...
Swarm of New York restaurants sue insurers for COVID-19 cover
'A group of about 50 New York restaurants, ranging from high-end dining establishments to an iconic bagel shop, are suing their insurers...
UK rural crime hits eight-year high as organised gangs target farms
Coronavirus crisis fuels rise in livestock rustling and theft of smaller items
'Rebecca Davidson, rural affairs specialist at NFU Mutual,...
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