Insurance Market

In the USA, the legal marijuana industry is soaring and 2019 is predicted to be the biggest year yet. The industry grew to $10.4 billion last year in the U.S alone and with over 742 million people and a total healthcare spend of €2.3t, Europe is set to be the largest medical cannabis market in the world.

Lenders in the UK real estate market have anticipated a decline in commercial property prices throughout 2019. According to the latest Real Estate Market Trend Analysis report from Link Asset Services, political risk is the dominant factor, with uncertainties associated with Brexit.

As part of our commitment to the industry, we are pleased to announce that we have joined the British Insurance Brokers Association. The association represents the best interests of insurance brokers and their clients and we continue to work to follow such standards and BIBA’s professional code of practice.

Many of the UK’s biggest firms have been told to be more aware of cyber-attacks to avoid falling victim to cybercrime, according to the Government’s annual FTSE Cyber Governance Health Check report.

The Entertainment Retailers Association (ERA) has said that the video games industry is now worth £3.86bn ($4.85bn), that’s more than double the value in 2007 and accounts for more than half of the UK’s entire entertainment market.

As a division of General & Medical Finance Ltd, G&M International are excited to share that the General & Medical Group feature alongside other recognised insurance representatives for the latest edition of The Parliamentary Review 

Last month the GG Insurance team joined thousands of exhibitors from around the world at the worlds largest gaming event, GamesCom.

Although the Beast from the East and Storm Emma might not be done with us yet, reports have been coming in about the costs so far to the insurance and reinsurance markets, particularly in Ireland.

Recently, we jetted off to Spain for numerous meetings with clients and attended Semana del Seguro (Insurance Week).

It is now under a year until the implementation of the General Data Protection Regulation (GDPR) meaning the boat is being rocked for insurance companies.