Allianz Trade has entered into a partnership with Mastercard to extend trade credit insurance to financial institutions issuing Mastercard Virtual Card Numbers (VCNs) for the travel sector, a move designed to ease cash flow pressures for online travel agencies (OTAs) whilst reducing the risk of non-payment for card issuers. The collaboration aims to address one […]

Indonesia’s general insurance sector is facing severe financial strain within its credit insurance business. Surging claim costs have heavily outpaced premium growth, triggering an underwriting deficit. According to the latest market data released by the Indonesian General Insurance Association (AAUI), the credit insurance loss ratio climbed to an alarming 102 per cent during the first […]

Global insurance companies are facing a significant challenge in explaining their deployment of artificial intelligence (AI) as consumers remain deeply sceptical of the technology. Whilst corporate employees and employers grow increasingly comfortable with automation, consumer anxiety threatens client retention. According to the newly released 2026 Customer Experience Benchmark report by Smart Communications LLC, an overwhelming […]