Financial – Page 25
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News
John Lewis pauses offering EV cover after underwriter decision
’Our underwriter has temporarily paused offering new policies and renewals,’ says lending arm
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News
Polo assumes management of specialist medical professional lines syndicate
’This transaction demonstrates our commitment to policyholders and brokers for the long-term,’ says chief executive
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News
Ripe secures 17% revenue growth in 2022
’This year, we’re continuing to prioritise innovation and strategic growth,’ says chief financial officer
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IT Interview
Ant Middle: Ageas has planted its flag firmly in personal lines brokered business lines
’We are a business that only succeeds if we can succeed with brokers,’ says Ageas chief executive
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News
Toolbox by Admiral launches new PI product for small businesses
’Starting and running your own business can be exciting, but there can also be a level of uncertainty,’ says chief executive
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News Analysis
Briefing: Is the commission model of remuneration under threat?
The insurance industry finds itself in a defining moment, says Stuart Reid
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News
Warning issued as some insurers remove windscreen cover from policies to cut costs
’If drivers don’t have this popular cover, they risk footing a hefty bill,’ says managing director
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News
RSA expands financial risks portfolio with new product for brokers
’We want to widen our relationships with customers and brokers,’ says portfolio lead
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News
Ecclesiastical's UK and Ireland COR soars in H1 2023
The insurer’s UK and Ireland arm also suffered an underwriting loss following ’larger than expected’ prior year claims
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News
Over 80% of brokers worried about capacity levels in commercial motor
’We must all continue to focus on incremental improvements to manage the challenges we all face,’ says deputy chief executive
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News
Insurance warning issued as Storm Agnes set to batter UK with strong winds
’We urge home and business owners to check now whether their property is storm resilient,’ says property claims manager
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News
FCA slammed as ‘irresponsible’ after Gap insurance warning
’This latest warning barely recognises the hard work online providers do to provide reliable and honest coverage,’ says managing director
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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News
Hughes Insurance invests in commercial offering to support SMEs
’It’s crucial the SME sector remains adequately supported and protected,’ says director of operations and customer services
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News
‘Totally unacceptable’ – reaction after justice committee releases OIC report
’Overall, it has been an inauspicious start to life for the OIC,’ says executive director
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News
FCA issues fair value warning as it slaps Gap insurance providers with ultimatum
’This is an early signal of the work we’ll be doing under the Consumer Duty,’ says director of insurance
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News
Home insurance payouts surge at faster pace than premium prices in Q2 2023
’Insurers continue doing all they can to offer competitively priced cover,’ says director of general insurance policy
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News
MPs demand answers amid ‘growing’ backlog in OIC portal and rising premiums
The justice committee has published its findings after calling for evidence on the impact of whiplash reforms
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News
Cowbell expands cyber insurance distribution through new partnership
’Together, we’re proving how API-driven distribution can transform an industry,’ says chief revenue officer
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News
Premiums for drivers with vehicles under £10,000 soar by nearly 40% in a year
’The costs of repair, replacement and labour have risen significantly, impacting both insurers and motorists,’ says director of insurance pricing