Latest News – Page 538
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NewsAmazon’s next big insurance move
Data giant Amazon is eyeing up the insurance market. What next?
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NewsRansomware attacks make up quarter of AIG cyber claims
AIG Europe cyber claims report shows ransomware was the most popular form of attack in 2017 and warns GDPR could make things worse
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NewsABI slams compulsory airline insolvency travel cover
ABI says suggestions in a government review airline insolvency cover could form part of all travel policies an “unwelcome disruption”
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NewsEurozone crisis returns: insurer share prices rocked
Share prices of insurers tumble up to 4% as Italian political crisis takes its toll
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NewsExclusive: MGAA seeking chartered status for its members
MGAA chairman Charles Manchester reveals the MGAA’s plan to “improve the prestige of a burgeoning sector”
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NewsHalf of parents holiday without insurance - Co-op report
Co-op study finds half of UK parents travel without cover despite two-fifths experiencing illness or injury
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NewsAXA in carpooling cover rollout
The product has been launched in France, with the intention of rolling out in other countries
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NewsQBE’s Belgian subsidiary granted regulatory approval
QBE Europe will begin underwriting business from Q4 2018
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NewsCyber policies in broker mis-selling risk - DAS boss
DAS managing director James Henderson says research by the insurer raises concerns policies may be mis-sold in the future
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NewsDrone insurance startup raises £2.25m in funding
Drone insurer Flock raises £2.25m in seed funding from global investors
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NewsGhost brokers sentenced after using launderette as a cover up
Raza Mir and Muhammed Asif were arrested at their Tottenham launderette in February 2017 for broking fake policies in their community
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NewsCo-op delivers fresh blast on IBM's alleged software blunders
IBM failed to inform Co-op that critical software for its tech upgrade was not UK-ready and may not even have checked for itself, Co-op alleges
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NewsRecord year for pet claim payouts
ABI data shows a record number of pet claims totalling £775m were made in 2017
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NewsWhiplash still dominant as Aviva sees increase in fraud value
Aviva has reported an increase in the value of detected fraud for the second year in a row and says the Civil Liability Bill is key to removing financial incentives
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NewsIndustry slams European Commission's stronger VNUK proposals
New proposals will give policyholders more rights and ensure they receive full compensation, but the ABI and Biba express concerns over its VNUK proposal
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NewsAviva rejects £1.85m fire claim because man was bankrupt
Aviva refused payment over claim company director was an undischarged bankrupt
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NewsNationwide crackdown sees police tackle 'opportunistic' fraudsters
The nationwide operation came after 22 people made claims to more than 10 different companies, including Allianz, Zurich and LV=
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NewsXL Catlin, ACORD, MS Amlin and WTW partner to launch blockchain platform
The insurers team up with the likes of EY and Microsoft to develop the new platform, which XL Catlin says is the first for the global marine insurance industry
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NewsInsurers circle amid sale of Towergate Commercial, Fusion and Arista
Ardonagh looks to exit its SME business
