INSURANCE SHEDS SOME SUN ON A WORLD IN CONSTANT MOTION

There’s been a heatwave here in the UK these last few weeks. Granted, by some standards, 30°C is pretty tepid – but us Brits are just not built for good weather!

Fittingly, this month’s issue of InsurTech Magazine is about our world in flux. Climate change is causing an unprecedented increase in freak weather events, like June’s wildfires in Canada. In return, insurers are turning to parametric insurance as a solution. We find out how this new approach is helping them to mitigate against a changing world.

Embedded insurance has the potential to completely overhaul the way we buy cover. Instead of being an end-destination that customers dread, insurance becomes a part of the journey instead. Tour operators, car rental companies and even clothing retailers are now able to offer protection, giving customers greater peace of mind.

And there is no better example of society in motion than the rise of crypto. This once-niche topic has become a mainstay of everyday conversation, and cryptocurrencies are beginning to secure institutional adoption. Anything worth having is worth insuring – so what’s the state of insurance for crypto assets themselves?

Enjoy this month’s edition!

ALEX CLERE