Financial / Results – Page 6
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NewsPolicy Expert targets £500m GWP as capacity deal announced
’We are delighted to agree this multiyear deal,’ says chief executive
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IT InterviewCovéa Insurance does not want to ‘rush and fail’ growth after 2023 job cuts – Georges de Macedo
Despite falling nine places in this year’s Top 50 Insurers report, published by Insurance Times and Insurance DataLab, insurer chief executive believes ‘growth is not difficult’ to achieve
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NewsLondon market has ‘superpower’ to meet client needs as risks grow – Neal
’We have a riskier world with the impact of Covid, war on land and the climate,’ says chief executive
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NewsMarkel-backed personal guarantee MGA hits 3,000 policyholder milestone
Despite achieving ‘a significant milestone’ in terms of customer count, managing director says firm’s ‘ambitions for growth remain substantial’
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NewsMotor insurance costs decline across 2024
However, despite overall price drops, young drivers continue to pay high premiums across the UK
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News£60m GWP broker secures £8m investment for UK expansion
’This latest investment gives us additional firepower to keep growing our commercial broking organisation,’ says chief executive
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NewsHome insurers with claims acceptance rate of less than 55% revealed
’The regulator shouldn’t hesitate to take action against those falling short,’ says director
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NewsNew MGA officially launches with long-term capacity
’This new business will focus exclusively on addressing a significant gap,’ says chief executive
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NewsMGA secures new three-year capacity deal as Allianz switch made
’Next year will be an exciting one for us all as we accelerate our growth in the SME market,’ says head of eTrade
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NewsVenture capital funding for insurtechs projected to hit $4.2bn by end of 2024
There is ’a positive rebound’ for VC-backed insurtechs, with ’series B funding picking up’, says chief executive
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NewsFormer business partners fined and banned by FCA for breaching order
The FCA said the duo ’were not fit and proper to perform any regulated activities due to the serious nature of their breach of the requirements’
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from 11 to 15 November 2024
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NewsAviva reports 18% UKGI premium growth
’Trading continues to be extremely positive right across the business,’ says chief executive
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News AnalysisSpecialist insurers lead the way as composite firms continue to suffer
Insurance DataLab looks at how commercial, personal and composite insurers have performed
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NewsSpecialist MGA secures Hiscox capacity for new proposition
The proposition has been in development for the last two years
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NewsAI focused firms secured majority of insurtech funding in Q3 2024 – Gallagher Re
The quarter has seen a ’shift towards a more even distribution of capital, reflecting a maturing and stabilising industry,’ says global head of insurtech
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NewsCost of pothole claims becoming ‘hugely expensive’ – Allianz
’Our roads are blighted by potholes and it is astonishing to see the problems they cause,’ says claims director
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NewsDLG reveals plans to axe around 550 jobs to cut costs
Chief executive says the insurer is in the early stages of a ’significant turnaround’ as it looks to make its operating model more efficient
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IT InterviewGeorges de Macedo: Chief exec promotes five pillar plan to keep Covéa Insurance in the black
Covéa Group sends Frenchman across the Channel to spearhead British business because ‘the situation in the UK required some action’
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NewsHiscox UK grows ICWP by 4.5% in nine months to September 2024
’The group continues to deliver a solid performance,’ says chief executive
