Financial – Page 23
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News
Source partners with Prestige Underwriting as it rolls out first home product
’We look forward to enjoying a long and mutually beneficial relationship,’ says head of broker development
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News
More motor and home insurance customers relying on credit to pay for cover
’There has been a sharp rise in the number of people turning to credit,’ says marketing and communications director
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News
ABI issues government plea as motor prices hit new record high in Q3 2023
’The government could help drivers with an immediate reduction in costs,’ says director
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News
Insly scoops £1.5m in venture debt funding to scale up
’Insly’s readiness for debt financing signifies a major financial milestone,’ says chief executive
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News
‘Exceptional’ property market boosts Beazley’s premiums in 2023
’We have taken advantage of the opportunities in the property market this year,’ says chief executive
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News
DLG more than doubles motor GWP in space of quarter
’We believe we are writing profitably,’ says acting chief executive
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News
Insurers warned of ‘subdued’ demand for home and motor policies
’It is essential that firms keep a careful eye on balance sheets,’ says UK insurance leader
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News
Insurance update issued as Luton Airport confirms car park will be demolished after fire
’It is reassuring to note that the vast majority of insurance claims have been settled,’ says operations director
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News Analysis
Earnings from broker schemes rise as hard market cycle persists
Insurance Times picks out the best and worst performing lines from data provided by schemes software provider SchemeServe
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News
Movo Partnership steams ahead of 2023 GWP target
‘I never fail to be impressed by the entrepreneurial gusto of independent brokers,’ says managing director
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News
Cowbell ‘deepens focus’ on US and UK SME markets with new investment
‘This milestone is a testament to our expertise, culture, and market leadership’, says founder
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News
RSA Insurance expands Profin offering with D&C product
’Our professional indemnity strategy focus is growth through a balanced mix of existing and new professions,’ says UK head of PI
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News
Simply Business signs data deal to bolster decision making
’Efficiency and accuracy are key when securing small business cover,’ says UK chief executive
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News
Top insurers in UKGI revealed
‘In such a tough market, we’re delighted to recognise these top achievers,’ says cofounder
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News
Trade credit insurance payouts surge in H1 2023
The rise reflects ’the continued challenging trading environment faced by many UK firms’, says ABI
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News
European insurance group given approval to underwrite specialty lines business in UK
’With the UK branch, we are further diversifying our business mix,’ says chief executive
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News
Gallagher reveals growth across UK divisions in Q3 2023 update
’We are in fantastic shape for our busy last quarter of the year,’ says chief executive
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News
Pricing cycle driving adverse selection of risk for underwriters – Earnix
’We are seeing inflation abate, but frankly not quite as fast as many would like and then on top of that, rising interest rates,’ says chief executive
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News
Cost of insuring EVs ‘a lot’ higher than for ICE vehicles
’There are plenty of good reasons why EV insurance coverage is higher,’ says motor insurance expert
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News
Aviva launches new cyber cover for micro-SMEs
’Brokers will play a critical role in helping micro-SMEs build their cyber resilience,’ says head of cyber