Keep up with what’s been happening this week in our latest insurance news round-up…
Insurer, Zurich has published its UK gender pay gap figures for 2019 which shows an overall 2% increased improvement in their mean and median gender pay gap figures compared to 2018.
Some insurance companies such as Aviva, RSA, Direct Lind and Hiscox have changed their plans to pay dividends to shareholders during the coronavirus pandemic.
AXA have announced that they will donate £1 million to Business in the Community, to help the National Business Response Network which was recently formed to help community groups, local authorities, charities and businesses get in contact with companies that can offer support during the coronavirus crisis.
Honcho, provider of the UK’s first reverse auction marketplace for financial services, have raised £1.2m to help revolutionise how consumers buy insurance.
US motor insurance companies have planned to refund drivers after the daily miles driven dropped due to COVID-19 to help those who are not driving and have to stay home pay less during the pandemic. This move could expand globally particularly in the UK.