Demand for rental insurance has increased ahead of the implementation of the Renters’ Rights Act later this year, analysis from Goodlord has revealed. According to the analysis, the Renters’ Rights Act, which will be brought into force on May 1, led to a 41 per cent increase in demand for rental insurance products between September
The Insurance Regulatory and Development Authority of India (IRDAI) will roll out half a dozen reforms over the next 4–6 months, including overhauling distribution and cost structures, launching a much-anticipated insurance e-marketplace, and introducing a digital public stack for the sector, chairman Ajay Seth told FE. These steps aim to make insurance covers more affordable
Mea Platform is a Business Reporter client Artificial intelligence in insurance is no longer confined to pilots or back-office experiments. It is steadily moving into the core operational work that insurers once believed required human intervention alone. This shift now spans underwriting, claims, servicing and finance. Industry data shows that document processing, claims handling and
Insurance has always promised certainty in uncertain moments. Yet for many policyholders, the lived experience, particularly at claims stage, falls short of that promise. For those working in insurance, this is a familiar tension. Products are well designed, actuarial models are robust, and regulatory frameworks are respected, but when systems, processes and channels fail to
Insurance premiums may be falling, but prices are still higher than a few years ago. If you’re feeling the squeeze, you might be tempted to cancel a policy and pay for costs yourself. That’s a calculation I made with my 13-year-old cat, Nigel. When he needed surgery last year, the vet bill came to around
Key Takeaways Inland marine insurance protects movable property over land from loss or damage. It covers goods transported by truck or train, not by sea. Inland marine insurance is often called a floater policy because it covers property that moves. Businesses may need this insurance for equipment at job sites not covered by commercial policies.
The regulator will prioritise access to insurance, improving consumer understanding and service quality in the insurance market, it has said. The Financial Conduct Authority (FCA) released the first of its nine regulatory priorities for the year and the work it will be undertaking. The regulator will publish reports for the mortgage sector in March,
The Financial Conduct Authority has signalled tougher scrutiny of insurance claims handling while promising further simplification of industry rules. The FCA set out its 2026 regulatory priorities for the insurance sector in a report published today (24 February). The regulator said improving consumer understanding, claims handling and service quality will remain its central focus this
The Financial Conduct Authority will prioritise simplifying regulation in the insurance market this year as it looks to improve consumer understanding. The report, Regulatory Priorities — Insurance, outlined the FCA has identified four priorities for the insurance market over 2026 including simplifying its rules to strike the right balance between growth and consumer outcomes. To
Rental insurance has become a top priority for letting agents and landlords who are “racing” to take out policies, according to lettings platform Goodlord. The imminent introduction of the Renters’ Rights Act in May is “focusing minds across the sector”, the proptech firm says. Major jump There was a 41% increase in demand for rental