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Latest NewsKennedys launches tool aimed at allowing insurance clients to self-serve claims
The new platform could save insurers and brokers time and money when getting legal advice as well as recovering written-off costs and helping underwrite future risk
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Latest News
LexisNexis Risk Solutions launches test phase of new Vehicle Build data set
The product supports underwriting by informing insurers on vehicles’ in-car safety features
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Ed Broking appoints London-based divisional directors
The two new starters have a combined 19 years of industry experience
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ERS offers safe haven for brokers amid MGA exits
The specialist motor insurer aims to capitalise on market withdrawals by some of its competitors
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Could Hastings’ long-term battle plan see fortunes turned this year?
Short-term pain for the insurer could end up in long-term gain if its strategies pay off
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Open Insurance – the initiative that could change the market
In an industry with so many players, open insurance could make data sharing slicker and improve customer retention by increasing trust, but some fear it could be a direct threat to brokers
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AIG hires Lloyd’s veteran Jon Hancock in senior role
He also spent 26 years at RSA in an array of senior roles including managing director UK in commercial lines
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Insurance sector begs MIB not to waste LiP portal deadline extension
The industry fears that amendments to the LiP portal are at the cost of consumer detriment
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Sedgwick founder Robert Young dies at 83
Young grew the loss adjuster business from a small local company of 500 staff to 27,000 globally
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Whiplash portal roll-out delayed to August
Portal launch delay had been widely anticipated
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Tractable raises $25m with view to expand AI proposition worldwide
This brings the insurtechs funding total to $55m
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RSA reports record year in underwriting profit
The insurer sees a £155m jump in underwriting gains for 2019
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Hastings profits slump as claims inflation takes its toll
The company also saw its loss ratio deteriorate as it reported its annual results
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Insurtech Aventus secures £2.6m investment round
The seven-month old business plans to expand its people development
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Arron Banks reportedly among 1,600 hit by FCA data breach
The results of a freedom of information request was exposed
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MGAs in line for Lloyd’s syndicate-in-a-box bids
Higher than expected number of bids to launch syndicates, Lloyd’s chief said
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Direct Line axing 800 jobs amid digital transformation drive
The main losses will be from its Ipswich office which is closing in 2022
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Zego triples staff headcount in 12 months amid recruitment drive
It hopes to double its staff number again this year, it follows Nick Pester joining the insurtech
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Two-fifths would switch to telematics-based motor policy to save 30% on premiums
Data company reveals that uptake of telematics could flourish if premium discounts are evidenced
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Latest News
Compare the Market owner leads funding round for insurtech Digital Risks
The funding has been raised to develop the insurtech’s technology and drive its expansion
