Keep up to date with the latest insurance and finance news in our weekly round-up…
The UK economy accelerated in the first quarter of year to grow by 0.5%, according to preliminary official figures. The ONS credited stockpiling by businesses and a rush to complete orders ahead of the Brexit that never happened.
Ernst & Young, one of the UK’s biggest graduate recruiters, has announced it will be removing the degree classification from its entry criteria, saying there is “no evidence” success at university correlates with achievement in later life.
For the third consecutive quarter, InsurTech funding surpassed the $1billion mark in the opening three months of 2019, with 85 deals recorded with a total value of $1.42 billion, according to Willis Towers Watson.
Insurance claims have topped $12 billion for the November wildfires in Califronia, making them the most expensive in the state’s history.