This partnership supports the future of unmanned aviation by increasing the availability of critical insurance needed for emerging use-cases, like drone cargo deliveries, flying taxi passenger flights and drone swarm shows.
The London-based insurer, led by boss Amanda Blanc, is expected to sell its French business for about 3.5 billion euros while the Polish operations are valued at roughly 2 billion euros, the sources said.
A group of Lloyd’s insurers are providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively.
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
Recruitment stats confirm economic impact of pandemic past year, but more optimistic picture painted for 2021
It means that policyholders can be paid their claim on the same day
A group of British members of parliament said on Monday that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.
Fitch added that there had been some disappointment among carriers at the extent of reinsurance rate rises during the January 1 renewal season.
Insurers face enforcement action if they don’t pay up as soon as possible on business insurance claims following a landmark court ruling, Britain’s Financial Conduct Authority said on Friday.
Mr. Krishnan will report to Matthieu Caillat, Chief Operating Officer, AXA XL and will be based in London.