Cyprus Insurance News

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

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

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

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

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

The season of the Motorbikes

June 20, 2022

Cyprus Insurance News Team

Pedestrians, cyclists, and motorcycle riders also share the roadways with all vehicle operators on a daily basis. These road users have less protection than drivers of other types of vehicles. Be cautious when operating your vehicle around pedestrians, cyclists, and motorcycle riders. Here are some tips to help you drive safely when there are motorcycles […]

Insurance Articles

Emerging Trends in the Directors’ & Officers’ (D&O) Liability Landscape

October 20, 2023

Cyprus Insurance News Team

Written by Stelios Miltiadou, Chartered Insurer Directors’ & Officers’ (D&O) Liability Insurance has come a long way since it was first introduced in the wake of the Wall Street Crash of 1929. However, this type of insurance is not, unlike some other types of commercial insurance contracts, compulsory and many companies choose not to take […]

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

Share this video