Australian-headquartered insurer IAG is opening an insurtech hub in Singapore later this year.
The hub, to be called Firemark Labs, will be located in IAG's Singapore office acting as an incubator to "work with top talent, start-up, research and technology partners to co-create products and services...
RSA made more than 900 redundancies last year and plans to make an additional £50m in cost savings.
Information gathered from blackbox telematics has been used successfully to reveal a dishonest customer claim involving a hire vehicle.
More jobs could be lost as a result of the government's whiplash reforms than were lost in the South Wales steel industry last year, Access to Justice told Post.
The expected discount rate reduction has shaved off £10m of profit from motor insurer ERS.