Pret parent company to ramp up insurance investment

Pret a Manger
Pret a Manger

JAB, the investment firm that owns Pret a Manger, has announced plans to build a global insurance platform.

The company, which is owned by Germany’s Reimann family, has established itself in the pet insurance market on both sides of the Atlantic in recent years.

However, it is better known for its

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Insurers should stop looking at AI as a cost-saver

Eddie Longworth, the founder of JEL Consulting who launched the Artificial Intelligence Code of Conduct earlier this year, says the insurance industry hasn’t realised the “conundrum” about using AI and the need for talent to operate it.

Insurers accused of exacerbating property damage

Panellists at the British Damage Management Association conference have accused insurers of slowing down the property claims process, increasing the amount of damage, due to inactivity and lack of trust for their supply chains.

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