Tag: COVID-19

Travel insurance has been hit hard by the Covid-19 pandemic. There’s no need for buying a policy when you can’t leave your house, but as the lockdown measures begin to ease, holidays will be top of people’s priorities, giving travel insurance a much needed resurgence. Air Doctor has issued a white paper exploring the opportunity ahead.

For months now, industry insiders have argued that the coronavirus will act as a catalyst for insurers to adopt new technologies. Now they've been backed by a new study.

With over 500,000 UK SMEs facing significant financial distress because of COVID-19, the partnership between invoice insurance provider Nimbla and credit risk assessment platform Wiserfunding could provide some peace of mind.

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

In 2019, the global InsurTech market was valued at $5.48bn. Now, new research has suggested that figure could jump to $10.14bn by 2025, representing a compound annual growth rate of 10.8%.

Despite the coronavirus having wreaked havoc on the travel industry, InsurTech Blink Parametric has unveiled a new solution for weary travellers.

Hong Kong's Insurance Authority has extended its temporary Covid-19 facilities for non-face-to-face distribution of some insurance products.

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.