Financial / Results – Page 58
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NewsCar insurance premiums plummet 8.4% in the past 12 months – Consumer Intelligence
Data insight firm attributes downward trend to telematics products and regulation
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NewsCoincover set to grow after $9.2m funding boost
The firm plans to provide ’a fundamental building block for a rapidly maturing market’
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NewsBiba’s 2020 turnover fell by 36% due to Covid-19 impact
However, the trade body was able to return ‘a small surplus’ because of ‘measures to curtail expenditure’
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NewsABI members hold power to provide a third of money needed for UK to meet net zero
The trade body seeks sector solutions to ’the greatest threat facing our planet’ as insurance is ’uniquely placed to drive the transition’ towards net zero carbon emissions
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NewsVerlingue UK Group increases turnover by 2.7% in 2020
Profit before tax increased by 23.5% compared to 2019
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NewsCyber insurance industry predicted to exceed $20bn GWP by 2025 – GlobalData
The pandemic has triggered a ‘permanent shift’ in the way businesses operate, which will push the demand for commercial and personal cyber cover
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NewsSabre Insurance chiefs sell shares
Both c-suite executives made £10,968.62 by disposing of shares
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NewsCustomers still struggling to afford insurance – Premium Credit
Some customers have driven their vehicles without insurance as they cannot afford cover
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NewsAviva sells its majority stake in Neos
The insurer will work to ensure a ‘smooth transition for the future’
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Sponsored ContentPremium finance has its benefits – Premium Credit
Premium Credit’s chief sales and marketing officer Owen Thomas tells Insurance Times on how insurance premium finance can be useful to clients, brokers and insurers alike
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FeaturesBrokers set to be ‘squirming’ as FCA fixates on product value
Large insurers and price setting brokers ’have got a lot of work to do’ ahead of the GI pricing reform implementation deadlines, says compliance expert
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NewsGovernment confirms Solvency II reform to provide ‘more proportionate and flexible’ regulation
HM Treasury has announced that a reform package will be ‘implemented as soon as possible’
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FeaturesOpinion: Story of pandemic winners and losers still being written
Despite Covid-19 being a part of daily life in the UK for the past 17 months, winners and losers connected to the pandemic are still surfacing noticeably in the insurance sector, says editor Katie Scott
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News AnalysisInsurtech sector sees 2021 unicorn boom as pandemic accelerates digital focus
Funding for insurtechs has historically been a struggle, but industry commentators believe investment opportunities are on the up thanks to the technology focus brought about by the Covid-19 pandemic
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FeaturesBriefing: Ardonagh breathing down Gallagher’s neck in top 50 broker race
The data collection for this year’s Insurance Times/IMAS Top 50 Brokers report is getting underway - the top spots are still to play for
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NewsAXA aligns new climate strategy with Paris Agreement
The insurer is committed to limiting the warming potential of its investments to 1.5 degree Celsius by 2050
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NewsHouse of Insurtech chief exec reveals business plans following £400k funding
The insurtech’s founder and chief executive says the online customer journey in insurance is ’pretty poor’ – he aims to improve it
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NewsTop UK insurance firms see 5% top line decline in 2020 – GlobalData
This includes Aviva as well as Legal and General
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NewsHouse of Insurtech secures £400k seed round funding
The insurance software market has been estimated to be worth $7bn a year
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NewsSoaring insurtech investment to impact actuary work and job opportunities – IFoA
The Institute and Faculty of Actuaries says insurtech market entrants are targeting areas where established players are not delivering on price
