In the news today: June was the hottest month ever recorded in Europe and across the globe , India opens up insurance sector to foreign investors, Drone insurance start-up SkyWatch.AI launches in UK, Branson’s Virgin Galactic space-tourism business to go public and Constantia Insurance gets personal with nationwide roadshow

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June was the hottest month ever recorded in Europe and across the globe

June 2019 was hot. It was so hot, it’s set the record in Europe and across the globe as the hottest June ever recorded. Even before the heatwave that blanketed Europe at the end of the month, temperatures were usually above the average recorded for this time of year.  READ MORE

India opens up insurance sector to foreign investors

India is putting forth various reforms to allow more foreign investment, including opening up the insurance and aviation sectors, as it tries to reinvigorate its economy.  READ MORE

Drone insurance start-up SkyWatch.AI launches in UK

Following a successful run in the US, SkyWatch.AI, an on-demand telematics-based insurance platform for commercial drones, has launched in the UK. The insurtech start-up will provide insurance policies to drone operators in the UK underwritten by specialty re/insurer Chaucer. It will allow drone pilots to purchase third-party liability insurance through its mobile application, choosing either a monthly or per-flight coverage plan.  READ MORE

Branson’s Virgin Galactic space-tourism business to go public

Billionaire Richard Branson’s Virgin Galactic aims to go public later this year and become the world’s first listed space-tourism venture.  READ MORE

Constantia Insurance gets personal with nationwide roadshow

The Constantia Insurance Company completed its nationwide roadshow in April and May, visiting four of the major cities in unique venues across South Africa to share company values with brokers, but also to discuss the challenges and opportunities in the insurance industry.  READ MORE