Life & Pensions Articles

US Life insurer payouts hit record US$100bn in 2021 - up 27%

US life insurers saw a 27% jump in death benefit claims in 2021 - amounting to more than US$100bn as increased deaths resulted in leap in claims

Open banking in insurance: Yapily and Certua partner up

Yapily and Certua have teamed up to bring open banking benefits to the insurance sector, including personalised recommendations based on transaction data

GK8 & USI Insurance launch US$1bn digital asset insurance

GK8 and USI insurance have partnered to launch digital asset insurance plans for GK8 customers, enabling greater trust and bigger investment potential

Tower Insurance trials parametric cyclone cover in Fiji

Tower Insurance has begun trials implementing a cyclone parametric insurance cover in two Fiji villages

Marsh space insurance a step towards manned rocket cover?

Are we one step closer to commerical manned space coverage following news that Marsh has placed insurance on a new space project rocket?

No-code platform CoverGo expands to MEA after $15mn raise

CoverGo will use US$15mn of Series A funding to expand into the Middle East – a market it calls "perfect" for its no-code, API-driven insurance platform


Insurtech experts talk climate disaster, parametric & risk

We spoke to FloodFlash, Previsico and Reask leaders about insurtech climate risk technology in the face of enhanced weather crisis

80% of firms have used their cyber insurance, survey claims

A majority of businesses have had cause to claim on their cyber insurance policy, a new survey claims, underlining the importance of being covered