Weekly News Roundup – 30th July

There are some more great articles for your summer holiday reading this week. Put aside some time to have a thorough read of Instech London’s comprehensive report about embedded insurance, grab a coffee to get the latest on open banking and what it means for insurers and be very heartened by the government’s flood investment plans, which have been welcomed by the industry!

Insurance: to Embed, or not to Embed (Source: Instech London)
In a new report, Instech London, explore what embedded insurance means in practice and you can read case studies and profiles of more than 50 companies who are doing it right.

New business emerges to flip the script on MGAs historically being treated as incompetent (Source: Insurance Business Magazine)
Accelerant Holdings examines why MGAs are being let down and why they are ‘inconsequential to every capacity provider’.

Global commercial insurance pricing up 15% in Q2 2021 (Source: Insurance Today)
Financial and professional lines had the highest rate of increase across the product categories.

New flood plan revealed – insurance industry reacts (Source: Insurance Business Magazine)
The government have outlined £5.2 billion of investment set to benefit more than 1,000 flood schemes in year one.

Avoiding the next beartrap: what open banking means for insurers (Source: Oxbow Partners)
Oxbow Partners discuss the implications of Open Banking on European insurers.

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