Floods and storms drive global insured catastrophe losses

A series of winter storms in Europe, unprecedented flooding in Australia and South Africa as well as a high number of thunderstorms in the US and Europe, resulted in US$35...

Jane Hegeler to join Nordic Insurance Software

Bringing a wide range of knowledge and experience from within the claims and assistance world to NIS, Jane will be focused on supporting and working with key clients and assist...

More than one in 10 consumers globally will cut back on insurance if cost of living rises

As prices of food, oil, and other essentials increase, consumers have begun to change the way they manage their money, and insurance is an expendable luxury, according to YouGov

The FCA’s Consumer Duty aims to shift financial services

The UK Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, hoping to fundamentally improve how firms serve consumers

Seventy per cent of people prefer purchasing insurance online

Insurtech Zelros has surveyed over 1,000 people and found that 70 per cent of people said that they would prefer either a completely online or hybrid experience when purchasing insurance

Global insurance market to grow in 2022

The global insurance market is expected to grow from US$6 trillion in 2021 to $6.44 trillion in 2022 at a compound annual growth rate (CAGR) of 7.2 per cent