Beazley has introduced an online booking system to enable brokers to arrange virtual appointments and share relevant documentation securely with underwriters during the coronavirus pandemic.
Considering impending announcements from the UK government on easing travel restrictions, ROCK Insurance Group has launched two new COVID-19 insurance policies to protect travel businesses and travel agents should customers need to cancel or postpone their trips due to coronavirus-related issues.
Great Eastern, in partnership with telehealth provider Doctor Anywhere, has launched an insurance product targeted at self-employed, freelance, and gig economy workers in Singapore, in light of COVID-19.
Sompo Japan Insurance is reportedly planning to launch a new cyber product by next year, designed for companies with factories exposed to the internet of things (IoT).
Specialist insurer Beazley has launched a contingency policy designed to cover event organizers if a transmission failure disrupts or cancels a live virtual event.
Two giants of their respective industries have announced a new partnership – with AXA to team up with Western Union. The move will see AXA provide insurance products to the money movement firm’s customers via its online service.
As more people than ever work from home due to COVID-19, Chubb and financial services platform GoBear have launched a product that caters to the needs of telecommuting employees in Singapore.
Manulife Hong Kong has launched virtual face-to-face agency sales platform, allows customers to discuss and purchase insurance products with its agents through a secure video chat sales platform.
Lloyd’s announced the launch of an application program interface (API), which is designed to help London market brokers and underwriters place business electronically.
The UK government has created a £10 billion (US$12.5 billion) reinsurance scheme to help business-to-business transactions maintain credit insurance protection against customer defaults or payment delays during the COVID-19 pandemic.