Insurtech Zego Partners with Telematics Firm ABAX to Lower Fleet Insurance Costs June 11, 2020 Insurtech Zego has partnered with global telematics firm ABAX in a move designed to drive down the cost of insurance...
UK Government Forms £10 Billion Reinsurance Backstop for Trade Credit Insurers June 4, 2020 By L.S. Howard The UK government has created a £10 billion (US$12.5 billion) reinsurance scheme designed to help businesses during the COVID-19 pandemic...
UK Employee Union Urges Insurers, Banks to Protect Call Center Staff During Pandemic June 4, 2020 Employee union Unite has called on finance firms to do more to protect call center staff after a survey of...
UK Brokers Rely on Face-to-Face Meetings, Hampering Client Support During Lockdown June 3, 2020 Brokers have been slow to adopt social media and digital technologies as a whole, which is hampering their ability to...
When UK Insurers, Banks Emerge from Lockdown, Their Employees Face New Normal May 21, 2020 By Lawrence White, Carolyn Cohn and Pamela Barbaglia Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing...
UK Regulator Announces Pandemic Relief Measures for Insurance Customers May 15, 2020 The Financial Conduct Authority (FCA) announced a set of measures to help insurance customers who may be suffering financial difficulties...
Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets May 14, 2020 London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering...
UK Government to Create Temporary Reinsurance Backstop for Trade Credit Insurance May 13, 2020 By L.S. Howard The UK Treasury announced it is creating a government-backed temporary reinsurance scheme so businesses can continue to access trade credit...
UK Financial Services Firms Weigh Options for Post-Coronavirus Work Arrangements May 12, 2020 By Huw Jones Many of the City of London’s bankers and traders will be working from their kitchens or bedrooms for at least...
MGA Platform OneAdvent Buys Property MGA Modus from CFC Underwriting May 6, 2020 OneAdvent, a London-based managing general agent (MGA) platform, announced the acquisition of Modus Underwriting Ltd., a digital-first MGA focused on...