All articles by Clare Ruel – Page 54
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AnalysisIn Focus: How can firms start to prepare for the FCA’s incoming Consumer Duty?
With the FCA’s Consumer Duty expected to come into effect from April 2023, industry experts debate how firms can best prepare for the new customer protection regulation
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NewsLloyd's of London assembles committee to discuss Russia-Ukraine ramifications
Lloyd’s has assembled a gold and silver team to help it deal with the ongoing conflict between Russia and Ukraine
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NewsInsurtech ARMD turns around tool theft claim in eight days
The insurtech uses the Internet of Things (IoT) and embedded insurance technologies to cater for tradespeople
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NewsLloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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NewsSocial media requires due diligence amid FCA’s Consumer Duty – Davies Group
The firm has made several recommendations on how organisations can adapt existing operating and service models
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NewsLloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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NewsLloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this
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AnalysisCitizens Advice report reawakens underwriting and trust concerns for ethnic minorities
The latest findings from Citizens Advice has highlighted that bias is ‘baked’ into underwriting processes, meaning insurers ’are now on the back foot’
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NewsLloyd’s returns to profit with £2.3bn in full-year 2021 results
£2.9bn was paid to customers impacted by Covid-19
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NewsGovernment scraps building safety manager requirement in latest Building Safety Bill shake up
The Secretary of State now has the power to ’impose requirements about new build home warranties’
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NewsBlink Parametric partners with Lloyd’s broker to expand parametric offering
The partnership sees the early roll-out of the insurtech’s flagship parametric solution as well as the expansion of its product pipeline
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NewsOndo becomes first insurtech to make IPO in UK following purchase
The escape of water insurtech formerly known as LeakBot aims to lead the revolution towards sustainable risk reduction by scaling up its product globally
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NewsAdmiral chooses Nuvalaw and Trust Arbitration to fast track personal injury claims
The new solution can expedite motor claims resolutions from weeks to days and cut costs for insurers
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NewsIndustry at digitalisation crossroads post-pandemic – Allianz’s Sirma Boshnakova
Insurance firms must build ’technology with a heart’ and maintain ‘a human touch’ to avoid ’alienating’ consumers, says insurer board member
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NewsParametric ‘ugly duckling’ could become sector’s ‘future’
Industry’s data may transform parametric insurance from ‘science fiction’ to broad, multi-line reality
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NewsMIB and Wipro partnership set to overhaul industry’s data services
The deal will help MIB to better respond to the evolving needs of its customers
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NewsLloyd’s slaps Atrium with ‘largest fine ever imposed’
The managing agent has accepted charges related partially to ‘inappropriate conduct’ at a ’boys’ night’
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NewsInigo’s GWP hits $411m in first year of trading
Despite 2021 being the ’fourth most costly natural catastrophe year on record,’ its chief executive is confident of Inigo being profitable
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IT InterviewStephen Murphy: Brokers to benefit from UK’s burgeoning insurtech landscape
Applied Systems’ senior director of customer experience says UK has ’a real desire to see the insurtech landscape grow and mature’
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NewsCharles Taylor InsureTech launches hub to empower industry’s value chain
InHub can replace legacy systems without interruption to a business’s operations
