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Revealed: Technology & Innovation Awards 2020 – winners and reaction- Briefing: Lloyd’s results revealed a big Covid-19 hit, but under the surface things may be looking healthier for the market
- BI test case decision is ‘conclusive judgment in favour of policyholders’
- Troubled Saga fights to turn the tide
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Consumer Intelligence warns premium hikes could follow FCA pricing report
Consumer Intelligence has warned that premium hikes could follow the proposals that were laid out in the FCA’s pricing practices report which was published yesterday
Lockdown is technology’s ‘moment to shine’ says Insurercore’s founder and MD Peter Clarke
Technology has been crucial during the UK’s lockdown - this has accelerated platform on-boarding and searches for Insurercore, the insurance market’s risk appetite directory, which acts like a ’dating agency’. Its managing director Peter Clarke tells Insurance Times why the Covid-19 pandemic is technology’s ’moment to shine’ and discusses the ...
Kingfisher adopts strong M&A focus as part of business re-brand
A 12-month, multimillion pound transformation and change project has seen Vantage Holdings morph into the newly rebranded Kingfisher Holdings. Insurance Times gets the details from the firm’s group chief executive
BI test case decision is ‘conclusive judgment in favour of policyholders’
Industry expert says the verdict is ‘no surprise’, however the industry is ‘nowhere near the finishing line’ as insurers now need to reassess their business interruption policy wordings
Lloyd’s John Neal reflects on ‘huge impact’ of pandemic but commends market’s achievements
Lloyd’s of London boss says that it’s important to get plans right for 2021 and not undo all the good work the market has done in previous years
How telematics can serve the boat insurance market
Telematics guru tells Insurance Times how the boat insurance market could benefit from telematics as she reveals plans in her latest partnership and role as interim chief exec
Aston Lark boss gives predictions of FCA BI test case result
Peter Blanc, Aston Lark’s group chief executive, tells Insurance Times his predictions as the date for the verdict of the FCA business interruption test case approaches
‘Keen to make acquisitions’ – Gallagher chiefs discuss M&A strategy
Gallagher has a strong balance sheet and a track record of buying UK brokers. Gallagher UK underwriting and broking boss, and M&A head Olly Homer, discuss acquisitions. The duo insist a strong cultural fit is paramount in making a deal.
Brightside’s Derek Henry on the future of personal lines
The Covid-19 pandemic has created some big challenges for the insurance market, not least for those involved in the business interruption and event cancellation markets.
Aon’s Dominic Christian on bringing diversity to the insurance industry
With diversity and inclusion being hot on the agenda following the death of George Floyd in the US and the subsequent Black Lives Matters protests, Dominic Christian at Aon UK explains why ethnic minorities are so important to the insurance industry
Covid car buying habits lead to demand for new insurance products says Copart UK boss
Flooding data could help cut insurers’ loss ratios says insurtech chief exec
Claims Excellence Awards 2020: Claims teams showcase successes to be in with a chance of award win
Ambiguity in BI policy wordings is ‘natural’ following ‘black swan’ Covid outbreak
Motor Insurers’ Bureau sees Covid-19 accelerate its culture programme
Re-educating brokers: parametric insurance as a solution for BI
Insurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer
TrackMyRisks’ Matt Hodges-Long on solving the building’s insurance crisis
FCA’s test case has overshadowed insurers’ efforts during Covid-19 pandemic says ABI
ThingCo aims to expand globally after tapping telematics veteran Martin Williams as new COO
ABI’s Huw Evans says ‘unpopular’ stance around BI Covid claims was the right call
Insurtech Digital Risks reveals SME plans after rebranding as Superscript
Covid-19 claims inflation expected for 2020 H2, says Hastings’s Worth
Crisis management - new Ageas chief exec Ant Middle reflects on the challenges to come
Clients ‘forgotten’ in M&A rush: Reid/Barton fire up broker consolidation debate
People Moves
Howden to buy A-Plan Group as it aims to expand its retail broking reach
The combined group will have a GWP of £4bn
Convex Group announces new chief executives in Bermuda and London
Co-founder Paul Brand steps down to make way for two internal promotions
GRP completes first deal in Republic of Ireland with majority share purchase
The deal signals GRP’s intention to seek further acquisitions in the country
CMA ‘concerned’ that Ardonagh’s purchase of Bennetts will lead to ‘worse deal’ for customers
The firms now have five days to respond to the CMA’s initial findings; if its key issues are not addressed, then an in-depth phase two investigation will be required
