Insurers are forcing through "previoulsy unthinkable" rate increases of over 20% in the travel insurance market, it has been claimed.
Peter Hayman, director of specialist travel insurance provider P J Hayman, added other changes include limitations such as restrictions on age and degrees of acceptance for medical conditions. He said:...
An accountant for the British Insurance Brokers’ Association has been jailed for 18 months.
American International Group is in discussions to sell its shares in Ascot Underwriting.
KPMG published last week its latest Pulse of Fintech report, including the investment figures for the year-to-date in the insurtech space.
The Financial Conduct Authority has confirmed that it has formally approved the acquisition of Target Group by digital transformation specialists Tech Mahindra.