All articles by Clare Ruel – Page 76
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NewsSwiss Re concerned over increasing extreme weather risks following UK flash floods
Insured damage needs to remain as ’something that is exceptional rather than something that happens as a matter of course’ for the insurance industry to continue providing cover
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NewsZurich urges cross industry collaboration on AI risks and opportunities
There are few AI insurance policies that are commercially available and losses are not explicitly covered by traditional insurance coverage
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NewsGallagher reports £2.1bn revenue rise for broker segment
Gallagher’s Matson says the broker looks forward to ‘continued growth’
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NewsBrit Insurance sees GWP increase by 14.2% amid Covid uncertainty
Brit’s group chief exec says Ki has had ’very positive reception’ from its broking partners
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NewsPartners& reveals new recruitment proposition
Phil Barton, Partners&’s chief exec says that by partnering with Markel on this it has created a ‘true 360 degree proposition’
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NewsFlock raises $17m to reinvent insurance for connected vehicles
The insurtech’s chief exec says ’commercial motor insurance is a $160bn market crying out for disruption’
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NewsPremFina names ex-Close Brothers boss as new UK and Ireland chief exec
PremFina’s group chief exec says the creation of an international division will help the premium finance provider meet its ambitious growth plans
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NewsFCA launches diversity disclosure consultation for listed companies
The regulator believes ’there is a current lack of standardised and mandatory transparency about diversity’
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News AnalysisRansomware surge could see cyber become next Covid-related crisis
Cyber-linked business interruption cover ’should be viewed as vital’ as research confirms that 17% of UK businesses have experienced more cyber attacks since Covid-introduced homeworking measures
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NewsGlobal insurtech funding balloons to $4.8bn in 2021’s Q2
Global head of insurtech at Willis Re says firms that use technology to redefine insurance will thrive
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NewsTasker Insurance Group buys independent commercial broker
The acquisition plans to bolster Tasker’s mid corporate capability and PI expertise in the North West
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NewsMarkel UK and Cytora partnership set to accelerate profitable growth
The insurer aims to become a ’digitally enabled insurance company’
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NewsMcLarens bolsters global TPA expansion with new recruits
Global head of TPA at McLarens says the firm is focused on delivering quality outcomes, so it has hand-picked the best experts in the industry
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NewsSubsidence claims increased by 49% in last year – LV=GI
The spike in claims was triggered by the increase in building surveys related to house sales, as well as significant heatwaves
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NewsBought By Many scoops ex-Spotify lead as new chief product officer
The group has doubled its team over the past year, as well as gained unicorn status in June
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NewsLloyd’s of London hires ex-cabinet secretary Sedwill in council role
He succeeds Andy Haste, who will shortly have completed nine years as Lloyd’s deputy chair
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NewsCDL reports £52.7m turnover for 2020
The full year results are in line with the insurtech’s performance for the year ending September 2019, when it recorded a £52.9m turnover
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NewsAon aborts $30bn WTW mega-merger
The broker said it had reached an ’impasse’ with the United States Department of Justice, despite progress last week regarding a potential settlement agreement
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FeaturesBen Rose: Solving the issue of stacking in insurance
Stacking represents ’a massive problem to be solved by technology’ according to the global all-in-one reinsurance platform’s co-founder
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NewsA-Plan gunning to be a UK top 10 commercial broker
The business aims to double the size of its commercial book over the next three years
