Travel insurance
Stepping up data sharing against fraudulent travel claims
As travel insurance fraud is becoming more frequent, the industry needs to step up monitoring and information-sharing, just like it has been doing to tackle motor and household fraudulent claims, says Mathew Crawford-Thomas.
German insurers have largest foothold in €3.86bn travel and assistance market
The stand-alone travel insurance and assistance market across 20 European countries totalled €3.86bn (£2.45bn) in terms of gross written premiums in 2014 and is forecast to rise to €4.54bn by 2018.
Tourists targeted in deadly Bangkok bombing
At least 20 people have died and over 100 have been injured following a bomb explosion yesterday in central Bangkok.
Blog: Travel insurance and the affinity market
Since the 1990s, cross-selling travel insurance has been an important activity for a wide range of brands as - according to the most figures published by Finaccord, there are well over 500 schemes for travel insurance involving external partners. Paul…
Travel sector on the FCO radar as lack of coverage concerns are raised
Greater regulation around travel insurance is not expected to be introduced, despite calls from the Foreign and Commonwealth Office for insurers to make sure British tourists have adequate coverage.
Bought By Many targets Chinese travel market
Bought By Many has signed an agreement with Chinese insurer Ping An to launch seven travel insurance policies in China for the online broker's first venture outside the UK.
Mapfre unveils insurance for exchange students
Mapfre has signed a travel insurance distribution agreement aimed at European Erasmus students with the Erasmus Student Network, a Europe- wide student exchange programme.
Insurers issue cancellation guidance following FCO advice change
Holidaymakers who travel to Tunisa will no longer be covered by insurance following a change in the advice from the Foreign and Commonwealth Office.
C-Suite - MGA: Facing up to more Greek tragedies
If the Greek debt crisis leads to the failure of the euro, the industry may face a new set of risks.
Axa issues travel policy guidance on Greece and Tunisia
Insurer Axa has agreed to double the cash limit on all travel products at point of claim for customers travelling to Greece or any Greek islands until 30th September 2015.
Travel insurance categorisation questioned in wake of Tunisia attack
UK insurers are unlikely to face significant losses from the deadly Tunisian terrorist attack, however insiders have suggested the increased targeting of tourists could cause the market to rethink how it categorises territories for the purposes of travel…
UK General strikes travel insurance deal using in-house capacity
Managing general agent UK General has secured a travel insurance broker deal using the in-house capacity of its Irish business.
Brokers urged to up SME business travel offering
Brokers are being encouraged to consider business travel insurance as part of their SME proposition after Ageas research found 18% of SME firms that travel for business do not have such cover in place.
South Korea offers tourists free Mers insurance
To help keep attracting tourists in the middle of an outbreak of Middle East respiratory syndrome, the South Korean government is offering free insurance.
Cega opens London office
Cega, the independent assistance and claims provider, has opened a new office in London as part of an on-going investment in its market-facing capabilities.
Interview: Alistair Hardie: Getting the message out
Since being named CEO of Cega, Alistair Hardie has been a man on a mission – to take to the rooftops and loudly shout about what the firm can offer customers as part of his bid to grow the business. Post met Hardie eight weeks into his new job to find…
AIG replaced as Boots schemes travel provider by IIS
High-street chemist Boots has replaced AIG as the schemes provider for its travel insurance suite with Travel Insurance Facilities subsidiary Infinity Insurance Solutions.
Healix International snaps up Capita Global Assistance
Healix International is to acquire medical and travel assistance company Capita Global Assistance.
Allianz Global Assistance repatriates 55 travellers following Nepal quake
Travel assistance provider Allianz Global Assistance is continuing to provide assistance to travelers affected by last month’s earthquake in Nepal.
Trust Insurance Campaign: A thirst for knowledge
The Chartered Insurance Institute’s Made Simple campaign is the result of a year spent listening to customers and realising how much uncertainty surrounds insurance – and how much the buying public wants to learn.
Axa extends Tui travel insurance deal
Axa has extended its agreement with Tui UK and Ireland including underwriting travel policies in Ireland through the Falcon brand.
Kennedys poaches 13-lawyer team from Plexus
Kennedys has hired a 13-lawyer travel sector team from Plexus Law to join its personal injury practice.
Hood Group picks Cega to support travel insurance programme
Affinity insurance provider Hood Group has appointed global assistance partners Cega to deliver emergency assistance and claims services.
Swinton provides travel cover with no upper age limit
Swinton has launched a travel insurance product with no upper age limit on single trips and additional cover for cruises included as standard.