Ecclesiastical News – Page 3
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News
Ecclesiastical Insurance snaps up Aviva’s Marc Lewis
Managing director says new appointee brings a ’great track record and wide-ranging experience to the role’
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Insurance industry needs to ‘urgently support’ brokers to improve climate understanding
Insurers need to ’lead by example’, says commercial director
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Brokers lack urgency and interest in net zero transition – Ecclesiastical Insurance
Commercial director says brokers are ‘sleepwalking into the climate crisis’
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Benefact Group launches EV scheme as part of drive to net zero
The initiative will enable employees to commute ‘with much less impact on the environment and our communities’, says managing director
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HNW clients more concerned about crime since cost of living crisis – Ecclesiastical
‘Brokers play an important role in helping high net worth clients understand the risks they are facing,’ says art and private client business director
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Summer 2022 heatwave saw surge in subsidence payouts – ABI
Insurers are expected to pay £219m in subsidence claims for 2022 caused by last summer’s ’record breaking high temperatures’, says association
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Ecclesiastical COR falls despite receiving ‘large claims’ in 2022
Chief executive Mark Hews said 2022 had been a ’transformational year’
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Broker claims service battle still to be won – Gracechurch
Insurers need to invest in their claims operations if they want to keep pace with the demands of their clients, says managing director
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Ecclesiastical detected over 130 fraudulent claims in 2022
Continuing to pursue untrue claims is ‘vitally important’ for keeping customers’ premium costs down, says claims director
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Cost of living crisis named as top concern for UK heritage organisations – Ecclesiastical
’Brokers play an important role in helping heritage clients understand the risks they are facing’, says customer segment director
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FCA’s Consumer Duty causes apprehension among majority of brokers – Ecclesiastical
Nearly three quarters of brokers said the ramping up of regulation was overwhelming
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Ecclesiastical takes over Brokerbility scheme
The scheme took effect from Thursday 1 December and forms part of the specialist insurer’s ‘ambitious’ growth plans, says corporate buisness director
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Heritage organisations require guidance on crime and security risks – Ecclesiastical
In the region of 91% of heritage organisations have fallen victim to crime in the last 12 months, added the specialist insurer
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Workplace stress tops concerns for UK brokers in 2022 – Ecclesiastical
Around 10% of brokers reported feeling uncomfortable about discussing their mental health with employers
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Ecclesiastical posts improved COR of 88.8% for H1 2022
The specialist insurer also saw its GWP rise to £261.9m
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Underinsurance is a bigger risk to HNW clients than theft or burglary – Ecclesiastical
Almost three quarters of brokers believe there is a problem with HNW customers being underinsured
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Schools want more crime and risk guidance from brokers – Ecclesiastical
The results of the insurer’s survey highlight an opportunity for brokers to engage with education clients
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Ecclesiastical plans to double size of art and private client book within five years
One way the insurer intends to fulfil its ambition is to ‘be helpful’ to brokers
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Inflation-driven ‘dip’ in renovation market could hit HNW sector
However, ultra high net worth clients may be more resilient to underinsurance caused by inflation
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Ecclesiastical enhances art and private client policy to cover cyber risks as standard
Art and private client business director reveals that policy changes are the result of broker feedback
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