Travel – Page 6
-
AnalysisBriefing: More insurers need to think outside the box to mitigate cost of living crisis
Insurers must step into the breach once more to support consumers – but how many are actually willing to reduce monthly installment plan premium uplifts?
-
AnalysisTravel insurers weather the Covid storm
Amid changing consumer habits and rampant premium upticks, what is really happening in the travel insurance market right now? Insurance Times finds out…
-
NewsBrokers’ commission must be ‘reflective of the value’ provided to customers, says FCA
The regulator’s executive director of consumers and competition emphasised that brokers must not recommend a product based on their own remuneration, although ‘high prices may sometimes be appropriate’
-
NewsBiba and ABI celebrate 10 years of signposting agreement
The joint initiative has led to over 860,000 enquiries to Biba’s Find Insurance service
-
News76% of Brits do not understand health insurance cards – Direct Line
The insurer warns that the ‘gap is growing’ for Global Health Insurance Cards
-
NewsBlink Parametric teams up with travel insurtech
The pair share a similar ethos around ’intuitive, simple insurance product design’
-
NewsManifesto 2022: Biba urges UK government to slash IPT to 10% in next Budget
The trade body further believes that IPT relief should be offered for cladding-linked property insurance, telematics-based motor policies and cyber cover
-
NewsCPP Group UK buys Alpha Underwriting
The transaction marks the insurtech MGA’s second acquisition in three years
-
NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
-
NewsBlink Parametric partners with travel insurance MGA
The insurtech’s head of product believes the partnership provides reassurance to customers as ‘travel is still on a path to recovery’ following the Covid-19 pandemic
-
NewsEndsleigh Insurance set to partner with insurtech to launch parametric travel cover for students
Chief executive has further plans to offer parametric event cancellation policies to charities too
-
NewsPost Office travel cover sales surpass pre-Covid levels this November
Relaxing Covid travel restrictions has supported the continuation of strong sales into autumn, says product portfolio director
-
NewsZurich agrees five-year capacity deal with travel insurer
The insurer will replace previous capacity provider Mapfre
-
NewsSpike in FOS referrals reveals motor cover is most complained about insurance product – Insurance DataLab
Understanding the make up of complaints will be key in preparing for the regulator’s fair value spotlight, according to data service co-founder
-
NewsAxa Partners UK and Ireland enters long-term deal with train shuttle service
The insurer plans to help the travel service ’strengthen the product offering and value that is added during the customer journey’
-
NewsDirect Line and Churchill remove Covid cancellation restriction for travel insurance policies
The approach aims to support the recovery of the travel insurance industry
-
NewsEssex-based broker partners with Virgin Money on travel insurance offering
Virgin Money has become the latest addition to the broker’s growing portfolio of partners
-
NewsNationwide withdraws free European travel insurance for FlexAccount holders
The building society will continue working with Direct Line Group on travel insurance policies for other types of current accounts
-
FeaturesTravel resumes post-lockdown – but what is the impact on fraudulent holiday sickness claims?
In the past, fake holiday sickness claims cost the travel sector ‘hundreds of millions of pounds’. Will coronavirus now contribute to this as holidaymakers once again venture outside the UK?
-
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
