Fintech PR
INSUREANDGO RESEARCH: BRITS INVALIDATE TRAVEL COVER BY DITCHING HELMETS
LONDON, March 7, 2024 /PRNewswire/ — New data from InsureandGo Travel Insurance reveals the top 10 destinations where British holidaymakers think it’s OK to hire a motorbike or moped and risk riding without a helmet.
Thailand tops the danger list – with 30% of survey respondents saying it would be the norm to ride a hire bike or moped without wearing an approved helmet. Many people felt the same to be true for India (26%), Jamaica (18%), Brazil (18%), Italy (18%), Spain (17%), Maldives (13%), Ibiza (13%), USA (10%) and Lanzarote (9%).
The new InsureandGo data suggests a significant proportion of British holidaymakers could be putting themselves at risk when going on holiday this year. Nationally, 21% of people said they were inclined to hire a moped to have some holiday fun – and 16% favoured a motorbike road trip – even though survey respondents acknowledged these were not activities they would normally do at home in the UK. Compounding the significant safety risk of people doing things they are unfamiliar with on holiday, not wearing an approved helmet on a moped or motorbike will usually invalidate a travel insurance policy – leaving holidaymakers exposed to personally covering the cost of huge medical bills.
Also of particular concern, older holiday makers were most inclined to hire a motorbike or moped as a special holiday experience, doing something they don’t usually do at home. The over 55s were most likely to think it was alright to go on a motorbike trip without an approved helmet in Thailand (35%), and for India it was the over 45s most likely to consider hiring a moped or motorbike without a helmet (31%).
When the nationally representative sample of 2,000 adults was asked why they wouldn’t wear a motorbike or moped helmet when hiring a motorbike or moped on holiday, 20% said it was OK not to wear one if they were visiting a country where helmet laws were not strict or enforced (20%) and 15% said they would fit in with what the locals did. A further 17% said they wouldn’t wear a helmet if the weather was hot and sticky and 20% wouldn’t feel the need for a helmet if they were only travelling a short distance.
Chris Rolland, CEO at InsureandGo, comments: “Everyone wants to have some care-free fun when abroad – and as a leading travel insurance provider we want to make it easy for them to go without the doubt – but safety is also of prime importance. Hiring motorbikes and mopeds on holiday can be risky, especially if biking is something people don’t do at home. Added to this, wearing a helmet is vital. In Thailand, helmets are mandatory but many people choose not to wear them and the law isn’t enforced. While there may be a temptation to do what the locals do, the simple truth is if holidaymakers hire a bike and don’t wear a helmet, they will invalidate their travel insurance. The last thing anyone needs on holiday is to be involved in a traffic accident, which is stressful enough, only to find there’s also huge medical bill to pay personally if their travel insurance cover is then invalidated.”
InsureandGo is one of the best-known names in travel insurance in the UK. Based in Southend-on-Sea with over 100 staff, it is a multi-award-winning travel insurance company founded in 2000. InsureandGo are travel insurance specialists, and have covered more than 27 million travellers during the last 23 years. To discover more visit InsureandGo.com.
View original content:https://www.prnewswire.co.uk/news-releases/insureandgo-research-brits-invalidate-travel-cover-by-ditching-helmets-302081650.html
WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
brian.schleider@greatbayinsure.com
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View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html
Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice
LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
Logo: https://mma.prnewswire.com/media/2641946/Forward_Global_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/forward-global-responds-to-surge-in-uk-shareholder-activism-with-launch-of-uk-corporate-contests-practice-302402058.html
NEW YORK, March 14, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Alison Kosik delivers the pre-market update on March 14th
- Investors welcomed a cooler-than-expected Producer Price Index reading for the month of February as tariff talk continues out of Washington D.C.
- Attention shifts to the Federal Reserve decisions coming next week as inflation data suggests the rate of inflation growth could be slowing.
- S&P 500 looks to rebound after ending yesterday in correction territory, which is a decline of at least 10% from a recent high.
Watch NYSE TV Live every weekday 9:00-10:00am ET
Video – https://mma.prnewswire.com/media/2641945/NYSE_March_14_2025_Market_Update.mp4
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View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update-for-march-14-2025-302401916.html
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