Cyprus Insurance News

How Digital Tools Can Boost Your Insurance Business

November 5, 2024

Cyprus Insurance News Team

Let’s face it: the insurance business isn’t getting any easier. Clients expect faster service, more tailored products, and a more personalized experience than ever before. If we don’t keep up, we risk getting left behind. The good news? Digital tools can help us not just keep up, but thrive. In this guide, I’ll break down […]

Insurance Articles

Retail Investment: Value for Money

September 10, 2024

Cyprus Insurance News Team

Written by Pablo Pernía Martin: Vice-chair, Conduct of Business Committee, Insurance Europe and Director of the Legal Department, VIDACAIXA, Spain Ensuring consumers get products that best meet their needs Risk coverage is a complex business whose ultimate objective is to protect the client. Providing value for money is a priority for the insurance industry. Insurers […]

Insurance Articles

GDPR: Time for a second look

July 23, 2024

Cyprus Insurance News Team

From William Vidonja, Head of Conduct of Business, Insurance Europe Data is at the core of the insurance sector. Without data, insurers would be unable to assess the risks consumers wish to be protected against, develop and price their policies, process consumers’ claims or spot fraud. As data processing lies at the very heart of […]

Insurance Articles

2024: An important election year

July 12, 2024

Cyprus Insurance News Team

Written by Michaela Koller, Director-General, Insurance Europe 2024 is a pivotal year for global politics, with elections impacting half the world. In the EU, citizens took to the polls to elect the next European Parliament which sits for the first time on 16 July. The elections kick-started a series of institutional changes, including the European […]

Insurance Articles

Why Becoming an Insurance Consultant is a Smart Career Move

May 13, 2024

Cyprus Insurance News Team

Although the modern world has seen many changes, there are still some industries that are here to stay. One of these is insurance and in today’s article, we’ll be discussing one of the most lucrative jobs in this industry – working as an insurance consultant! What is an Insurance Consultant? An insurance consultant is an […]

Insurance Articles

Understanding Term Life Insurance vs. Whole Life Insurance

April 23, 2024

Cyprus Insurance News Team

In the world of life insurance, two primary products often come under scrutiny for their differences, benefits, and limitations: term life insurance and whole life insurance. Both serve the crucial purpose of providing financial security to your loved ones in the event of your untimely demise, yet they cater to different financial planning strategies, needs, […]

Insurance Articles

Insurance entry surveys for boats and yachts

April 12, 2024

Cyprus Insurance News Team

When it comes to yachts and personal watercraft there are numerous approaches as to which risk management practice may be the best to be used by an insurance organization. Some insurance providers decide that assessing the risks in relation to a yacht may be an unnecessary or cost ineffective thing to do (until the first […]

Insurance Articles

Demystifying Professional Indemnity (PI) Insurance: Basic Concepts in a Global Environment

March 28, 2024

Χρύσα Πράντζαλου

Written by Stelios Miltiadou, Chartered Insurer Professional Indemnity (PI) Insurance, also known as Professional Liability or Errors & Omissions (E&O) typically constitutes a segment of Financial Lines departments, which may also be named as FinPro or simply Professional Lines. What is at risk? Insurance is form of risk management, specifically it is a pre-loss risk […]

Insurance Articles

Ideal Insurance: The importance of personal accident insurance

February 9, 2024

Πανος Τσιολης

Personal Accident Insurance is a type of insurance policy designed to provide financial protection in the event of an accident that leads to bodily injury, disability, or death. Unlike health insurance, which covers medical expenses, it focuses on providing financial support for individuals and their families during challenging times. Key benefits of personal accident insurance Coverage for […]

Insurance Articles

Ideal Insurance Blog: How to choose the optimal plan for your health?

January 26, 2024

Πανος Τσιολης

Choosing the optimal health insurance plan for yourself and your family is a crucial decision that requires careful consideration of various factors. Here are some steps to help you navigate the process: Assess Your Healthcare Needs: Consider the health needs of all family members, including any existing medical conditions. Evaluate the frequency of doctor visits, […]

Insurance Articles

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