Latest Insurtech News and Analysis

Tesco Bank launches travel insurance with Covid cover

The British retail bank has teamed up with ROCK Insurance Group to administer the scheme, with AXA Partners providing the underwriting, claims handling and medical assistance services

Vacasa chooses Red Sky as its travel insurance provider

Vacasa, a vacation rental management platform in North America, has selected Red Sky, a member company of Arch Insurance, as its primary travel insurance partner

APRIL International enhances it health insurance offering across Asia

The company has teamed up with Ephesoft to automate it claims and hospital invoices processing, streamlining document processing, so customers have quick access to care

AXA and Ancileo renew partnership as travel prepares its comeback

AXA Partners and insurance software provider Ancileo have renewed their partnership, in a bid to harness the various opportunities in the post-Covid travel industry

Instant claims payments introduced in Brazil

Insurer Zurich has partnered with Cielo and Visa to launch the instant payment of insurance claims by debit card, the first of its kind in Brazil

Koala extends its cancellation cover

The Parisian travel insurance provider has teamed up with Worldia to allow travellers to cancel their trips without needing to give a reason

The growing prominence of parametric travel insurance solutions

Though it’s not a new concept, the parametric insurance model is gathering momentum and looks set to pick up pace as we emerge from the pandemic. Sarah Watson looks at…

Implementing successful global payment solutions in the international travel insurance sphere

From protection against currency exchange rate fluctuations, to navigating destination-specific banking regulations, Robyn Bainbridge investigates how international insurers and IPMI providers can benefit from the latest developments in global payment…

The invaluable role of tech and communications in traveller assistance

Whether it be communicating a destination-specific safety risk, or alerting a member about additional policy benefits of which they were unaware, technology that allows assistance providers to maintain contact with…

UnitedHealthcare Global to enter Dutch market

UnitedHealthcare Global is entering the Netherlands market by providing local businesses access to internationally recognised health, wellness, assistance and security programmes, through its global BeHealthy expatriate insurance plans

Regulatory hurdles push up costs for majority of insurers

Regulatory barriers to digitalisation have resulted in additional costs for 60 per cent of insurers during Covid-19 lockdowns, with 50 per cent of insurers reporting lost sales and/or operational impacts

Oman digitises health insurance TPA channels

The country’s regulator has launched an electronic system for licensing health insurance third-party administrators (TPAs)

India: health insurance and mobile data rolled into one

The latest innovative concept is just one of the many insurance offerings helping to facilitate India’s success in the global insurance market