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Echo Re leverages ADEPT to drive efficient data exchange with Aon in Asia

by AIP Online Bureau | Mar 15, 2023 | Intermediaries, International News, Non-Life, Reinsurance, Technology

ADEPT (ACORD Data Exchange Platform and Translator) facilitates real-time data exchange, translation, and transformation. It integrates with existing platforms, portals, and infrastructure to connect trading partners around the world, regardless of their existing...

UK abolishes tax threshold on pension allowance to encourage people to work longer

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Pension & Social Security, Policy

Hunt said in his annual budget that he would scrap the so-called lifetime allowance, which had meant that people faced a 25% levy if they saved around 1.1 million pounds ($1.33 million)in their pension pots The capped amount of money that can put in their pensions in...

More time needed for framing rules to regulate e-pharmacies: Centre to Delhi HC

by AIP Online Bureau | Mar 15, 2023 | Health, Indian News, Regulation

The Ministry’s August 2018 notification was challenged by the South Chemists and Distributors Association in a petition saying that ignoring the health hazards caused due to online sale of medicines without proper regulations, the draft rules are being pushed...

Britain sets out plans to bring down cost of childcare

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Facts

The government has been forced to act after British childcare costs rose steadily to become among the most expensive in the world, according to the OECD, taking up nearly 30% of the income of a couple with two young children. Britain will expand free childcare to...

Gallagher promotes James Kent to lead Global Insurance Strategic Relationships

by AIP Online Bureau | Mar 15, 2023 | Intermediaries, International News, Non-Life

In this role, James will be responsible for establishing and driving the framework that determines how Gallagher connects with its major strategic partners in the (re)insurance eco-system, including further investment in capital advisory and portfolio solutions....
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