Property

Global Expansion and Trends in Car Insurance Fraud Detection Market
Market Analysis Global Expansion and Trends in Car Insurance Fraud Detection Market

The Car Insurance Fraud Detection Software Market is witnessing significant global growth, driven by a range of factors that highlight its importance. From 2024 to 2032, this market is expected to see substantial increases in share, size, and revenue, driven by the rising necessity for advanced

September 30, 2024
Bridge Insurance Expands Claim App Technology to Property Clients
Insurance Bridge Insurance Expands Claim App Technology to Property Clients

Bridge Insurance Brokers, a well-established name in the UK insurance industry, has recently made waves by extending its innovative claims app technology to property insurance clients. This forward-thinking move builds on the success seen with their motor insurance clients, promising to streamline

September 27, 2024
New VRR System Revolutionizes Car Insurance with Dynamic Risk Ratings
Risk Management New VRR System Revolutionizes Car Insurance with Dynamic Risk Ratings

The Vehicle Risk Rating (VRR) system, developed by Thatcham Research, is set to overhaul the current car insurance framework by providing a more precise and dynamic assessment of vehicle-related risks. Billed as a significant advancement over the traditional group rating system, VRR offers an

September 27, 2024
PICC Property and Casualty Struggles with Expenses Amid Revenue Rise
Insurance PICC Property and Casualty Struggles with Expenses Amid Revenue Rise

The first half of 2024 brought mixed financial results for PICC Property and Casualty (HKG:2328), a major player in the Hong Kong insurance market. While the company reported a 4.5% year-over-year increase in revenue, reaching CN¥242.4 billion, it experienced a significant decline in net income.

September 19, 2024
Allstate Raises California Home Insurance Rates by 34% Amid Wildfire Risks
Insurance Allstate Raises California Home Insurance Rates by 34% Amid Wildfire Risks

Starting in November, Allstate policyholders in California will experience a significant rise in their home insurance premiums, sparking concern among homeowners. The insurance giant is increasing its rates by an average of 34.1%, the steepest hike by a major insurer in the state in recent years.

September 19, 2024
How Does Bikmo’s Partnership with ACT Benefit Cycling Businesses?
Insurance How Does Bikmo’s Partnership with ACT Benefit Cycling Businesses?

Cycling businesses in the UK are encountering a transformative phase, thanks to the recent partnership between Bikmo, a leading InsurTech firm, and the Association of Cycle Traders (ACT). This relationship promises to deliver tailored insurance solutions that address the unique challenges and needs

September 19, 2024
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