Financial – Page 56
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NewsSmall businesses see 50% hike in insurance spending – Dext
The increase has been driven by the Covid-19 pandemic
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FeaturesBriefing: Why Admiral continues to be the darling of UK insurance stocks
Described as a ’golden nugget in muddy water’, is Admiral the shareholder gift that keeps on giving?
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NewsAston Lark shows ‘strong resilience’ in 2020 financial results
The broker also has a goal to create the UK’s best broker following a spree of acquisitions
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FeaturesSupercede – the marathon running duo with an appetite for risk
Two co-founders of Supercede tell Insurance Times their plans after recently receiving a £2m investment and how training for a marathon led to the creation of a global all-in-one reinsurance platform
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NewsCollective Benefits raises £6m to further expand across Europe
Anthony Beilin, Collective Benefits’ co-founder and chief executive, sees the investment as a ’major vote of confidence’
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NewsAdmiral Group predicts higher than expected pre-tax profits for H1 2021
Admiral hopes to return £400m to its shareholders via special dividends following the sale of Penguin Portals completing in April
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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
