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Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions

Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions April 8, 2021 Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist Hiro. London-based Hiro has developed a home insurance product that aims to proactively mitigate the risk of customers suffering loss incidents. Pro.MS provides a multi-territory MGA platform for ambitious underwriters and distributors to support their growth. Pro.MS is a unit of re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. Hiro will utilize Pro.MS’s licensed platform to launch, with ongoing regulatory and compliance support from Pro.MS’s in-house expertise.

Burglary bounce predicted for 2021: Here are 14 ways to turn your home into a fortress

Britons are being urged to secure their homes against a potential surge of burglaries when lockdown ends. There was a 20 per cent drop in house burglaries last year compared to 2019, according to analysis of government crime figures by the home insurance company Hiro. Criminals overall takings were down by £103million in 2020 as homeowners spent the majority of their time in their properties. This equated to individual losses for burglars and thieves of £12,954. Peoples eagerness to flee the confinement of their homes presents an opportunity for burglars, who will be looking to recoup their lockdown losses There are now fears of a domestic burglary resurgence as the nationwide vaccination rollout progresses and lockdown restrictions ease. 

Insurtech case studies — innovation in action

12 March 2021 Insurtech case studies innovation in action As part of Information Age s Disruptive Innovation month, we looked at some insurtech case studies for examples of innovation in action The number of insurtech companies has exploded over the last five years. The insurance industry, like other traditional sectors, is experiencing a wave of disruption at the hands of more nimble, innovative insurtech start-ups. In this article, Information Age explores six of these insurtech case studies, which are demonstrating innovation in action across insurance. 1. SO-SURE and win-win insurance SO-SURE is an insurtech that was launched to meet a growing need for change in insurance an industry that has been too expensive, lacks transparency and has a painful claims processes.

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