Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Health insurance startup Alan launches free medical app Alan Baby
French startup Alan is generating 100% of its revenue from health insurance products — and that isn't going to change. But the company wants to start a conversation with a bigger use base. Alan is going to launch multiple mobile apps that…
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Power Corp. unit partners with insurers, financial firms to launch green energy fund
Montreal's Desmarais family and a group of financial institutions have launched a $1-billion investment fund to buy into solar and wind energy projects in the latest show of Canadian financial might for the renewable sector. The sustainable energy…
Private-sector mortgage insurers say they're gaining market share in wake of CMHC tightening rules
Another Canada Mortgage and Housing Corp. competitor in the loan-default insurance industry says it gained market share following changes the Crown agency made last summer, a trend the government-owned company has warned could weaken its ability to…
UK Galleries Will Benefit From a Court Ruling Forcing Insurers to Pay Businesses for Losses Incurred During Lockdown
Art galleries are among the hundreds of thousands of UK businesses that are celebrating after the country's highest court ruled that insurers must pay out to policyholders for coronavirus-related losses. The country's Supreme Court ruled that…
Term life insurance vs. whole life | CNN Underscored
(CNN) — Buying life insurance is about as fun as doing the laundry or getting your driver's license renewed. However, having life insurance coverage is absolutely essential. If you die with a life insurance policy in place, your family will…
The title insurance arms race heats up
The first time Lawyers Title of Arizona Sales Executive Sarah Perkins walked through an acquisition was 2006. The market was growing; it was exciting; companies were fighting to increase market share; hope for the future was high. But that wasn't…
5 steps to make sure you have enough homeowners insurance coverage
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always…
Private health insurers add value in bid to lure young members
The proportion of Australians with private hospital cover was just 44 per cent in March of last year – the lowest since 2007. And that number is almost certain to have fallen since then, with many people electing to drop their cover after…
Calls for car insurance refunds as firms are 'enjoying increased savings' in lockdown
Experts at insurance specialists By Miles have warned the latest lockdown will reduce vehicle use and therefore cut the number of accidents and claims. They are appealing for firms to “take measures” to ensure drivers are getting a…
Database trends: Why you need a ledger database
The problem: The auto dealer can't sell the car without being paid. The bank doesn't want to loan the money without insurance. The insurance broker doesn't want to write a policy without payment. The three companies need to work together as…
Yellen Readies Big Changes for Treasury
WASHINGTON — Two years ago, Janet L. Yellen co-signed a letter to Treasury Secretary Steven Mnuchin urging him not to move forward with plans to relax oversight of big financial firms, warning that doing so could threaten the stability of…
Zurich Insurance to Stop Insuring Russia's Nord Stream 2 Project: Sources
Zurich Insurance Group will drop out of Russia's Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two sources familiar with the situation said. The…
Art Insurance Market: Global Analysis and Evaluation of Opportunities 2021-2026
He “ Global Art Insurance Market 2021 ”Is a detailed research study, providing current and future technology and financial information to help you run your business more effectively. The report presents crucial market data such as key…
What the life insurance industry expects from Budget 2021
In the last few years, the Indian insurance industry has received special attention. Over the last six years, the government has launched two important low ticket-size insurance products – Pradhan Mantri Jan Dhan Yojana and Pradhan Mantri…
BGC Insurance Rebrands as Corant Global
BGC Insurance (BGCI) has rebranded as Corant Global Ltd., which will become the holding company for all the insurance interests of BGC Partners Inc., a global brokerage and financial technology company, subject to regulatory consent. Corant will…
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