Aviva’s latest Broker Barometer has revealed 68% of brokers believe clients may be underinsured which while still high has eased slightly. A year ago 73% of brokers were concerned that some of their clients may be underinsured. The insurer polled 251 brokers in March. Respondents stated that just over a quarter of businesses (28%) regularly … Read more
West Brom Building Society is embarking on a three-stage project to build the digital capabilities its customers want. The organisation, which offers mortgages and savings products to about 500,000 people, will retain its 34 branches, but said customers are showing a preference for more choice in how they engage with it. The five-year project … Read more
The UK’s financial services regulator has teamed up with Nvidia to provide an environment to enable finance firms to test out artificial intelligence (AI) safely. In what the Financial Conduct Authority (FCA) describes as a Supercharged Sandbox, firms will have access to the latest AI hardware and software. The testing environment was first mooted … Read more
The number of people killed in Myanmar following a powerful earthquake has risen to 694, and 1,670 others injured, according to the country’s military government. The head of the military government has confirmed a further 68 are missing and has ordered a prompt rescue effort following the 7.7 magnitude quake. It struck at around 12.50pm … Read more
A judge in the US has ordered that a Turkish student should not be deported after she was detained by immigration officials. Rumeysa Ozturk, a 30-year-old doctoral student, was detained near her Massachusetts home earlier this week after she voiced support for Palestinians. The federal judge in Massachusetts ordered on Friday that she should not … Read more