Category: Reports

The UK Insurtech Sector has reached a new record milestone as McKinsey reports its US$21 Billion Enterprise Value, establishing global dominance in the industry

Car insurance premiums in the UK have hit their highest levels ever, as reported by WTW and Confused.com.

In a significant development, a cargo insurance facility that provided coverage for Ukraine’s grain shipments through a secure sea corridor has been suspended following Russia’s withdrawal from a United Nations-backed agreement.

As a pioneer in the telematics technology space, Harald Trautsch, Founder and CEO of Dolphin Technologies is passionate about improving safety through technology and the insurance industry.

In response to escalating catastrophe exposures, several major personal lines insurers have recently halted the writing of new residential property insurance policies in California and Florida.

Despite the abundance of risk data available to Specialty and Commercial insurers due to digitalisation, a recent survey conducted by independent research firm Coleman Parkes for pricing decision intelligence leader hyperexponential reveals that the sector’s pricing practices and technology fail to harness the full potential of data for better pricing and portfolio decisions.

Europe’s major reinsurers forecasted to benefit from favourable market conditions in 2024 due to the absence of new capital inflows during the ongoing hard market cycle, according to BofA Securities analysts.