In the past few years, the number of travel insurance claims made have surged by 148%. It seems that travel insurers have successfully responded to this huge increase in the number of claims. The Chartered Insurance Institute revealed...
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Why is the Embedded Insurance Market Size Increasing?
“Embedded insurance” means allowing customers to buy certain insurance products as part of a wider transaction, rather than as a separate purchase. An example of embedded insurance is providing customers with a means of buying travel...
How Data is Changing Travel Insurance
Travel insurance providers are getting better at collecting, storing, processing, and leveraging customer data. This is transforming the world of travel insurance. An intelligent approach to data can life easier for insurers and travel...
AI in Insurance – Current and Future User Cases
There has been a lot of talk in recent years about the potential for AI to transform the insurance industry. In this post we’ll discuss how AI is currently revolutionising the world of insurance, while also looking to the potential new...
How to Reduce Your Corporate Travel Costs
When corporate travel pays off, it really pays off – in the form of new deals in lucrative new markets either at home or abroad. Unfortunately, corporate travel can be expensive, and if it doesn’t bring the returns you want, it can easily...
The Best Benefits for Small Business Employees
In this post we’ll explore the best benefits for small business employees. We’ll discuss how your organisation and your workforce enjoy all the benefits that good perks can bring, for less. Do Small Businesses Need to Invest in Employee...
How Brokers Can Respond to Rising Travel Premiums
The latest UK travel insurance statistics reveal a huge rise in the number of travel insurance claims being processed. After governments across the world lifted their lockdown restrictions, people began to travel again. This resulted in a...
Employee Benefit Trends to Watch Out For in 2024
We recently looked at the best employee benefits for UK businesses. The benefits we explored in this post are largely evergreen – they’re likely always going to strike a chord among both existing and potential employees. But preferences...
Average Employee Turnover Rate By Industry
Do you feel like you’re struggling with staff retention in your business? You’re probably not alone. Studies from UK Money suggest that the UK has one of the highest employee turnover rates in Europe. Every year, an average of 16.8% of UK...
5 Examples of Embedded Insurance in 2023
Embedded insurance means allowing customers to buy specialist cover as part of a wider purchase. It often means buying insurance directly at the point of sale (POS). There’s no need to interrupt the sales journey, and no need to make a...
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