assistance News

Global Mobile Operators May Provide New Distribution Channels: Finaccord

New research from Finaccord, the London-based market research consultancy specializing in financial services, concludes that “mobile operators worldwide are actively selling many types of insurance and assistance products to their customers although, in most cases, these initiatives are still being …

Federal Disaster Assistance Denied for Oklahoma

Gov. Mary Fallin’s office says her request for federal assistance to individuals and businesses affected by a tornado that killed six in Woodward has been denied. A news release said that Fallin will now ask the U.S. Small Business Administration …

Microinsurance in Rapid Expansion Says ILO, Munich Re Report

According to the Microinsurance Innovation Facility of the International Labor Organization and the Munich Re Foundation, “the number of microinsurance schemes worldwide has increased substantially over the past five years and now reaches an estimated 500 million worldwide.” Microinsurance has …

Japan Offers Help to Companies Hit by Thai Floods

Japan has offered extra loans, insurance and a baht cash line to help Japanese companies in flood-ravaged Thailand, signaling growing concerns over the disaster’s impact on the world’s third biggest economy. Thai officials have said it could take as long …