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Insurance DECODED

Latest edition: 22 May 2024
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Spotlight

Howden rolls out SME cyber insurance platform

UK insurance intermediary Howden has introduced a new cyber insurance platform specifically designed for SMEs.

Latest news

Legal & General announces £900m buy-in with ICI Pension Fund

Legal & General has announced the completion of a £900m ($1,146m) buy-in with the ICI Pension Fund to secure the benefits of over 7,000 retirees.

MAG Mongeral Aegon implements Munich Re digital underwriting solution

MAG Mongeral Aegon, a Brazilian life insurance company, has deployed Munich Re Automation Solutions’ digital underwriting solution, aiming to enhance its operational efficiency.

Zurich, BOXX launch personal cyber risk solution inSwitzerland

Zurich Insurance and insurtech company BOXX Insurance have formed a partnership to introduce a new personal cyber insurance product in Switzerland.

Mason Owen, ITS roll out AI-based legal indemnity insurance platform

UK-based independent insurance broker Mason Owen Financial Services and Instant Title Solutions (ITS) have collaborated to introduce a new AI-driven legal indemnity insurance platform.

80% of consumers prefer a full digital banking experience

8 out of 10 consumers prefer a full digital banking experience according to the results of Onfido’s End-User Expectations of Digital Identity Report. The survey explores the growing preference among consumers for digital-first services, both online and in-person.

The state of cybersecurity: AI and geopolitics mean a bigger threat than ever

Cybersecurity threats to businesses are not only more numerous than ever but are now becoming more sophisticated through the use of artificial intelligence (AI) by perpetrators and more dangerous in their use for geopolitical aims.

Telematic policies can not only boost driver safety but reduce premiums for UK SMEs

GlobalData’s findings show that only 32.6% of UK SMEs currently have a usage-based commercial vehicle policy, leaving a significant opportunity for insurers to tap into the remaining two-thirds of businesses. This is an area where insurtech Flock continues to tap into with its telematics offerings.

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.