About three-quarters of the RAC’s revenue is tied to insurance. That helps explain why CVC wants a bigger stake rather than a stock market exit When the owners of a £5bn business decide they would rather sell to each other than to the stock market, it tells you where they think the value is. The
The FCA is cutting rules, but barriers to entry remain In the first three months of 2025, the regulator authorised just two new general insurance brokers. Several existing firms folded in the same period. Trade body BIBA called it “the canary in the coal mine” for a sector that, by its own estimate, contributes around
As the life insurance industry continues to embrace digital transformation, artificial intelligence is becoming an increasingly important part of how insurance companies manage data, applications, and customer services. One emerging area receiving significant attention is agentic AI, in which AI systems can coordinate multiple tasks, interact with applications, and help automate complex business workflows. Kameswara
Travelling abroad is an exciting experience as it offers a chance to explore new cultures, cuisine and people. However, unexpected emergencies such as falling sick due to changing weather can happen on a trip without any warning. These emergencies not only disrupt your travel plan but also bring additional financial stress. This is why many
Choosing the right two-wheeler insurance starts with a proper understanding of coverage options. Third-party and comprehensive bike insurance are designed to meet the different protection needs of every rider. Familiarise yourself with the benefits, coverage and protection level these policies offer to select a suitable policy. A clear comparison also ensures you make well-informed insurance decisions.
Starbucks workers say their health insurance premiums have soared this year, in some cases more than doubling, according to a recent survey conducted by Starbucks Workers United. The survey of more than 130 Starbucks workers in both unionized and non-unionized stores, shared exclusively with the Guardian, found baristas are experiencing significant hikes in costs for
For Heather, the introduction of Flood Re was a “massive relief”. But she is horrified that insurers benefiting from the scheme are exacerbating climate change. “It’s horrendous,” she said. “While their losses are being covered, they’re becoming a softer voice as well. We need the strength of insurance companies to push government to be more
Did your insurance agent or the broker just say, “Sir, you just sign the proposal form; I will take care of filling it”? And did you say “yes”? It’s a wrong move. If the intermediary, by mistake or deliberately, fills in erroneous information, you may still be the person answering for it. You signed the
“Term insurance is a waste. Savings-type insurance is a better deal because you get money back.” This is the standard sales pitch at insurance counters. However, if you look at it calmly based on the definition of the terms, savings-type insurance does not meet the criteria for “insurance.”The original role of insurance is a system
Barclays is giving customers up to £150 to take out a new life insurance policy. But should a cash reward influence which policy you choose? The high street bank isn’t the only one offering rewards to new policyholders. Other insurers are trying to attract new customers with incentives ranging from gift cards to free cinema