A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of USD 40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates*. This is above the previous ten-year average of USD 33 billion and the second highest on record for a first half after 2011, when major […]
Read MoreICMIF member Ecclesiastical Insurance has launched a new proposition, Ecclesiastical Smart Properties, which uses cutting-edge technology to protect some of the UK’s most iconic properties. In a first of its kind scheme, the specialist insurer is rolling out the risk management technology to select heritage, education and faith customers. Properties will have unobtrusive, battery operated […]
Read MoreItalian ICMIF member Unipol Group, through its direct insurance brand Linear Assicurazioni, has partnered with smartphone telematics provider Cambridge Mobile Telematics (CMT) to launch the first “Try-Before-You-Buy” programme for Italian drivers. Since starting the first telematics programme in 2005, Unipol has become the world’s largest provider of telematics-based insurance policies, with more than four million […]
Read MoreLast week. ICMIF member NTUC Income (Income) became the first insurer in Singapore to offer insurance in customisable subscription packs with no lock-in periods. TRIBE by Income gives customers control of the insurance protection they need, based on their lifestyles, and at the price they want At launch, TRIBE offers three modular insurance packs – […]
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