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Insurance DECODED

Latest edition: 20 May 2024
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Spotlight

Erste Bank Hungary, Companjon launch new flight delay insurance

Erste Group’s subsidiary Erste Bank Hungary, in partnership with European insurtech company Companjon, has rolled out Erste Flight Delay Insurance, a novel insurance service for its customers.

Latest news

China motor insurance industry to surpass $158 billion by 2028

The motor insurance industry in China is expected to grow at a CAGR of 4.5% from CNY871.2bn ($129.1bn) in 2023 to CNY1.1trn ($171.9bn) in 2028 in terms of gross written premiums (GWP).

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Truett-Hurst, announced that beginning Fall 2014 and Spring 2015, Total Wine & More, "America's Wine Superstore" will be adding several new Truett-Hurst SKU's to their wine listings.

MDS Brazil intends to buy Brazilian broker D'Or Consultoria

MDS Brazil, a reinsurance broker subsidiary of Ardonagh-owned MDS Group, intends to acquire D'Or Consultoria, a Brazilian broker specialising in health, dental, life insurance and pensions, from insurance company Rede D’Or Sao Luiz.

Insurity, Certificate Hero tie up to lower certificate issue time

P&C cloud insurance software provider Insurity has teamed up with Certificate Hero, a software-as-a-service (SaaS) platform specialising in the management of certificates of insurance.

Brown & Brown expands UK presence with new acquisitions

Brown & Brown (Europe), a division of insurance broker Brown & Brown, has announced the acquisition of two UK-based companies to expand its retail operations.

European Mental Health Week: Insurers must improve access to mental health services

The protection insurance sector must ensure individuals have access to the mental health counselling services they offer and work towards destigmatising mental health discussions. Events such as European Mental Health Week 2024 (13–19 May) bring an opportunity for insurers to reignite client conversations and work towards mental illness prevention.

AXA XL names new chief client & distribution officer for APAC, Europe

AXA XL, a division of AXA specialising in property & casualty and specialty risk, has appointed Robert Riha as chief client & distribution officer for the Asia-Pacific and Europe regions.

Nippon Life targets global growth through more acquisitions

Nippon Life Insurance Company (Nippon Life) is actively exploring opportunities to acquire stakes in insurers and asset managers in the US and Asia, reported BNN Bloomberg.

UK Income Protection Insurance Distribution Dynamics

Discover what is most influential to customers when purchasing and reveal the most popular providers in the market by understanding new trends and innovations.

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