Weekly News Roundup – 3rd September
For those of you rich enough and lucky enough to enjoy a quick sojourn to outer space, you can now rest assured that you can buy specific travel insurance for your trip. As reported last week, the FCA’s rules regarding fair pricing come into play next month but the insurance world should see it as an opportunity instead of just more regulation. There’s a couple more choice news pieces for your enjoyment too!
7 ‘laws of zero’ will shape future (Source: Insurance Thought Leadership)
According to the author there are 7 factors that will change the way of the world moving forwards and there are some key tips on how insurers can prepare.
Why FCA fair price ruling will drive product innovation and benefit customers (Source: Insurance Hound)
October brings in new rules regarding fair pricing but these can actually help insurers build positive relationships with customers.
Civilian space tourism – there’s coverage for that (Source: Property Casualty 360)
battleface Travel Insurance, back by Lloyd’s of London, is offering bespoke insurance for space tourists.
The secret to innovating traditional industry practices (Source: Insurance Business Magazine)
Discover how the Broker Advisory Forum is using young talent to make policy wordings customer friendly – a much needed exercise!
Munich Re moves ahead of Swiss Re as reinsurer with most GWP: AM Best (Source: Insurance Journal)
After two years in the top spot, Swiss Re has to content itself with silver medal position.