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New Economist Impact Report Finds AI is Reshaping Insurance – Gradually 39% of Parents Don’t Have Life Insurance: Ocean Finance Launches “Affordable Life” Cover From Just 60p a Month Over 270,000 Motorists to Receive £200 Million in Motor Insurance Compensation After Insurers Improve Their Claims Processes Qover and Helvetia Announce Multi-product Partnership for Embedded Insurance Solutions Vortex Weather Insurance Launches Direct Access to Snow Risk Policies Southern Oak Deploys ZestyAI’s Risk Platform to Improve Risk Visibility and Reduce Losses in Florida One Inc Report: Claims Disbursement Optimization Drives Policyholder Loyalty Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood 50% of UK Women Still Uninsured: The Gender Gap in Life Cover Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AI

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https://www.oceanfinance.co.uk/

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Stelios Charalambous, CEO of Ocean Finance, launches Affordable Life insurance, offering UK families fixed cover from £10,000 to £100,000 starting at just 60p a month.

39% of Parents Don’t Have Life Insurance: Ocean Finance Launches “Affordable Life” Cover From Just 60p a Month

September 19 2025

Ocean Finance has launched Affordable Life - a new life insurance product designed to give families peace of mind without breaking the bank. Cover starts from 60p a month, with the average policy costing just £3.93.

Stelios Charalambous

Stelios Charalambous