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A world first in terms of a central body having the financial means and clout in providing desperately-needed financial resources and subsequent distribution structures in the immediate wake of a global pandemic has been announced. Instigated by the World Bank, the Pandemic Emergency Financing Facility is, essentially, an insurance product aimed specifically at reacting to ...

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Once again highlighting the importance of always declaring any pre-existing medical conditions a would-be travel insurance policyholder might have, whilst arranging (and subsequently agreeing to and biding by the contractual obligations of) far-reaching cover, is a news story currently doing the rounds; involving a holidaymaker who is effectively stranded in South America due to not ...

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Combining the efforts of both the much-hyped big data application AND a unique machine-learning system, a French-based tech start-up firm has seen some $10 million poured into its coffers to advance the potential of its bespoke anti-insurance fraud detection assemblage, courtesy of Facebook. Shift Technology utilises big data together with machine-learning so as to detect ...

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We all love anything that involves numbers, countdowns and top 10s here in the UK. So much so that websites and magazines are literally ram-packed with one after another these days. Whether it’s percentages or decimal points, we have no preference, so long as there’s a selection of digits which etch either a smile or ...

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The nation’s go-to consumer champion has found that British holidaymakers who disclose their pre-existing medical conditions might well be stumping up hundreds of pounds, needlessly on travel insurance policies. Having recently conducted its own investigation into 10 leading travel policy providers’ approach to pre-existing medical conditions, www.which.co.uk discovered what they believe to be substantial discrepancies ...

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There may well be more to the names we afford our beloved pets than first meets the eye, however before you get too upbeat this isn’t necessarily good news. Especially not, if you decided to christen your canine pal, ‘Bruno, Cassie’ or ‘Jake’. Owners of pets with these names (amongst the 7 others which comprise ...

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Taking a retrospective look at group income protection claims for 2015 and it emerges that for one leading UK policy provider, 30% of claims made were triggered by mental health issues, according to the website, www.employeebenefits.co.uk. Examining the findings of Legal and General’s recent scrutinising of its own claims information for last year (and which ...

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As is modern society’s way, the bigger anything is perceived to be, the better. From Big Macs (fast food) and Big Ben (accurate time-telling) through to Big Weekends (superior to your ordinary Saturdays and Sundays) and Big Ideas (fundamentally ground-breaking). So it may not be the shock of the century to learn that ‘Big Data’ ...

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