As disruptive new comers, technology innovation and increasing customer expectations redefining the landscape, insurers remain attentive on addressing challenges, proliferating top-line sales, bottom-line profitability and flourishing in the robust motor insurance spectrum. With consumers vividly wanting more control over specific coverage. Nevertheless, a few of the pioneering insurance companies have rolled out “pay as you ride” supplemental life insurance coverage for motorcycle mavericks ... Read more

With the advent of smart technologies, consumers are showing staunch inclination toward integrating IoT into daily-use applications such as, homes, automobiles, among others. Within a few clicks and taps, they are able to control their personal belongings and ensure their security via mobile apps. The IoT technology including, sensors, are making inroads into the vehicular department, enabling the rise of driver-less cars. With the millennium turning to smart homes, insurance providers are ... Read more

The market for the over-50s guaranteed acceptance life insurance for the United Kingdom has witnessed a boost in activity in recent times, with the value of the policies going up in comparison to before. This rise can be largely attributed to substantial increases to advertising spending, for the first half of 2019, along with the implementations of the new GDPR rules, which affect direct mail marketing efforts. Although this factor has been essential for growth in the short term, it is ... Read more

Insurance for connected cars refers to technology-driven automobile insurance that leverages internet of Things and insurance premiums based on driver’s behavior. Such insurance programs promote safety in smart driving and rewarding its customers with discounts and monthly premium savings based on individual driving patterns calculated by their chosen insurer. An intelligence report titled, “ ... Read more