What is Corporate Travel Insurance ? Corporate Travel Insurance is a yearly policy taken out in the Business name, which covers all owners/directors/employees, for Business related travel, as well as incidental leisure travel. Coverage includes unlimited overseas medical coverage, and the normal travel cancellation expenses that often arise. The limits are substantially higher than the typical cheap leisure […]
Our Complete Guide to Insurance Definitions Actuary Actuaries use mathematics and statistics to evaluate the risk of something happening, how much it costs to finance that risk, and how much your premium should cost. They help insurance companies design insurance cover, and advise them on the level of financial reserves needed to meet claims. Assessor […]
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Ace to become Chubb in giant merger deal Zurich-based global insurer Ace has agreed to buy US-based Chubb Corporation for $US28.3 billion ($37 billion) in what is believed to be the largest-ever deal between two insurance companies. Ace shareholders will take 70% of the new company, which will operate under the Chubb name. Ace CEO […]
IAG and Berkshire Combine Forces *Press release from IAG Today IAG has announced a long-term strategic partnership with Berkshire Hathaway Insurance that will enable both our companies to draw on each other’s strengths to better service customers and deliver superior business outcomes. This is an exciting move for IAG that gives us the long-term backing of […]
