This week's Insurance News Wrap discusses significant trends and updates in the insurance industry. Insuregroup, a specialist insurance brokerage, marks a significant milestone in policy processing for the trucking industry, representing a 25% increase from last year. This surge corresponds with an uptick in motor collision claims as the transport sector grows, leading to improved risk management strategies such as Usage-Based Insurance or UBI. FreightInsure unveils an innovative embedded insurance platform in New Zealand, streamlining goods-in-transit insurance in the shipping process. Lastly, the Australian Prudential Regulation Authority and life insurance sector join hands to tackle issues around total and permanent disability insurance, with mental health situations underscoring the need for industry adaptation.

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