Financial / Results – Page 72
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NewsMactavish warns that ‘premiums are rising dramatically’ due to hardening market
In addition, the firm believes there has been a ‘considerable erosion in the quality and extent of the insurance cover offered to policyholders’, which may not have been flagged by brokers
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News‘Blanket’ broker PI exposure following Covid BI fallout is ‘overhyped’ – Fenchurch Law
Following the FCA’s business interruption test case, law firm partner says ‘of course there’s going to be broker exposure’ in relation to professional indemnity claims
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NewsData sharing needs to improve for London Market to lead in cyber insurance
A panel of industry experts highlight why London is the natural “hub” for cyber insurance provision and what the market needs to do to lead from the front in this product line
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NewsAviva to sell entire Vietnam shareholding
The move adheres to Aviva’s strategy to focus on its UK, Ireland and Canada markets
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NewsBrit appoints new group chief financial officer from RSA Scandinavia
The new hire will start in May 2021
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NewsWhether or not an insured intends to rebuild fire damaged property should have no impact on reinstatement payouts – Fenchurch Law
A Court of Appeal case last year leveraged previous case law to decide that an insured’s intentions surrounding a property damaged by fire has no bearing on a claim payout based on reinstatement
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NewsInsurance premiums £90 cheaper for electric cars – comparethemarket
The latest figures from comparethemarket reveals that insurance for electric cars is £90 cheaper providing evidence of the financial benefits of greener transportation
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NewsInsurance Times Awards finalist 2020 Q&A: Premfina taps mobile-friendly customers with on-demand premium financing
This week the winners for Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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News AnalysisCulture change towards vulnerable customers is here to stay
Insurance Times explores the FCA’s most recent guidance for how insurance firms should treat customers in light of the Covid-19 pandemic and how this can impact vulnerable customers specifically
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NewsSpecialist motor insurer boosts expansion plans by backing Lloyd’s syndicate
The insurer will work with Arch Managing Agency Limited to transfer managing agency responsibilities in the next few months, but this is subject to Lloyd’s approval
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IT InterviewPrivate equity investment set to bring ‘significant firepower’ to Miller
The firm was ‘not going to be able to blossom in the Willis Towers Watson family’ says broker chief executive
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NewsInsurance Times Awards finalist 2020 Q&A: Premfina’s premium finance software puts brokers and MGAs in control
This month the winners for Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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NewsCo-op underwriting sale to Markerstudy completes for £185m
The deal includes a 13-year partnership between the two organisations, to enable Co-op Insurance to expand its home and motor insurance footprint
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NewsThe Big Question December 2020: What challenges and opportunities do you expect for 2021?
At the end of a challenging year that included the FCA test case, the switch to remote working and ongoing problems in classes such as professional indemnity, all against the backdrop of the Covid-19 pandemic, Insurance Times asks the industry what obstacles and opportunities they foresee for the year ahead
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NewsQ&A: Pearson Ham’s Stephen Kennedy debates the pros and cons of the FCA pricing practices study
Pearson Ham’s director Stephen Kennedy debates the advantages and disadvantages of the FCA’s General Insurance Pricing Practices Market study, who will benefit and how can the industry better prepare?
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Online onlyBriefing: Why there is so much concern around GoCompare’s new owner
GoCo’s new owner, Future Plc, has raised eyebrows with its meteoric rise on the stock market
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NewsInsurance Times Awards finalist 2020 Q&A: Paymentshield’s illuminate campaign shines light on general insurance opportunity
This month the winners for Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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FeaturesWhat are the most profitable schemes for brokers amid the pandemic recession?
Although commercial combined schemes have brought brokers the most commission between April and September, residential property owners’ cover is declared the ‘biggest earner’ for this period
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NewsAXA ‘very well positioned’ post-Covid as it works towards 2023 strategy
AXA will take five strategic actions as it moves towards 2023
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NewsHome insurers could save around £368m in 2020 thanks to Covid-19 lockdowns
During the course of the year, there has been a 12.4% overall drop in home insurance claims
