New technology platform By Bits aims to help insurers bring usage-based motor policies to market in a faster and more efficient way.

Intermediary BGL Group has teamed up with insurer parent Markerstudy Group and will manage the entire first notification of loss claims journey for drivers, regardless of fault.

Analysis of air passenger traffic suggests that in November more than 1.4 million Brits travelled to destinations to which the government had advised against all non-essential travel.

The FCA has told insurers to be quick and transparent in settling BI claims or face the full force of its powers.

UK insurtech Flock has entered into a partnership with insurer Sompo International to support the carrier in providing cover for commercial drone operators.

Axa XL has named Ashok Krishnan as its chief data and analytics officer with immediate effect. Based in London, Krishnan will report to Matthieu Caillat, COO of Axa XL.