Travel – Page 6
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FeaturesSpace tourism launches opportunities for insurance market
Due to being ‘at the very start of space tourism’, there is currently ‘a lack of data’ to inform underwriting – but there is demand for cover from ultra high net worth travellers
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IT InterviewGareth Hemming: Aviva keen to be ‘very present’ as lockdown lifts
The insurer’s chief distribution officer outlines his plans, including supporting banks with data and growing business within the regional market
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NewsBattleface launches insurance for space tourists
While space tourism is ‘still in its infancy’, the demand is indeed ‘growing’, explains chief executive
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NewsAllClear Travel Insurance buys Mapfre’s InsureandGo amid plans for ‘significant growth’
Meanwhile, Mapfre wants to focus on ’other ventures’ across other international markets
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NewsInsurtech partners with WHSmith to offer insurance to UK retail customers
The retail business is making an ‘innovative move’ to provide insurance for its customers and ‘shake up the traditional retail insurance market’
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FeaturesBiba seeks to extend signposting reach to improve access to insurance
Increasing amounts of data and the impact of the pandemic are making it ‘increasingly difficult’ for insurance seekers to obtain cover, adds committee chair
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NewsAdmiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021
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NewsTifgroup ‘temporarily’ stops sales of new travel insurance policies for UK customers
The MGA’s insurer partner is ‘evaluating options for the future’, including possibly ‘permanently leaving the UK market’
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NewsStaysure Group bolsters portfolio with travel insurance intermediary acquisition
The ’strategic move’ allows the group to ‘dominate across both B2B and B2C arenas’
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NewsConsumer group questions extent of Covid cover in travel policies
Analysis of 263 travel insurance policies reveals that only 3% of policies protect against policyholders failing to travel due to a need to quarantine on their return
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NewsMGA takes on Biba-backed travel book
As part of the agreement, the MGA has also recruited a new senior underwriter
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News AnalysisTravel insurance sector faces capacity concerns post-pandemic
As the travel industry gears up to reopen post-lockdown, a spike in claims could impact insurance capacity
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NewsSaga seeks transformation with strategic turnaround plan
Group chief executive believes the plan will boost growth for the business, while driving sustainable returns for its investors
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NewsSaga’s full year results suffer due to ‘significant impact of Covid-19 on travel’
The company said travel insurance profitability reduced by £98.3m in the 12 months to 31 January 2021
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NewsTesco Bank reveals new travel insurance product with Covid-19 cover
The company has partnered with ROCK Insurance Group to manage its new product, while AXA Partners will provide the underwriting
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NewsBupa axes travel insurance due to Brexit
The insurer plans to instead ’focus on our health, cash plan and dental insurance businesses’
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NewsAllianz could gain a competitive advantage via insurtech partner’s instant claims strategy
GlobalData believes that targeting immediate claims payouts is a ’good strategy’ from Allianz
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NewsRock Insurance Group reveals new underwriting agency
The underwriting agency looks forward to building successful broker partnerships
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NewsAllianz Partners teams up with Irish insurtech for post-pandemic travel insurance platform roll out
The platform aims to settle travel insurance claims faster
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NewsTravel insurance a ‘top priority’ for over 55s in post-covid travel resurgence – AllClear
In its latest report, AllClear Travel Insurance reveals to Insurance Times the concerns of policyholders for travelling post-Covid-19
