Financial – Page 7
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Latest NewsData intelligence insurtech set to expand after £3.4m investment
The funding will be used to help the insurtech enter new sectors of the UK insurance market and ’take things to the next level’
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Latest News
UK cyber rates soar amid market challenges
The climb in rates is driven by an uptick in ransomware claims as well as insurers tightening cover rules
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Latest News
RSA injects multimillion pound investment into its home claims team
The insurer hopes the move will enhance its service for building claims requiring major construction work
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Latest News
Aqueous Underwriting boosts capacity in professional indemnity market push
The increase will provide the MGA’s brokers with an ‘enhanced proposition’ for clients, says chief underwriting officer
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Insight
Legal professional indemnity stresses push firms to consider their futures
Brokers must support law firms with risk management to battle professional indemnity claim threats and increasing premiums
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Latest News
Insurtech MGA using parametric call to brokers after $120m funding
The insurtech will continue its global expansion
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Latest News
Gallagher’s UK operations see organic growth improve by 12% in Q4 2021
M&A activity alongside retaining, as well as gaining, new clients has contributed to the business’ growth
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Latest News
Manifesto 2022: Biba demands fairer compensation levy for GI brokers following member 'uproar'
Although Biba’s members are happy to contribute to a compensation scheme, the current arrangement feels ’more like bailing out rather than chipping in’, says trade body chief executive
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Insight
Aviva to accelerate regional broker investment and underwriting footprint expansion
The insurer tells Insurance Times its plans for mid-market broker investment and how it is tackling underinsurance
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Latest News
Laka raises $12m to build e-mobility insurtech in Europe
The insurtech plans to expand its product offering and double its remote-first workforce
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Latest News
Insurtech startup raises £3m to scale insurance fraud platform
The business will also be investing in its people, with plans to double the size of its engineering team
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Latest News
Manifesto 2022: Biba urges UK government to slash IPT to 10% in next Budget
The trade body further believes that IPT relief should be offered for cladding-linked property insurance, telematics-based motor policies and cyber cover
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Latest News
UK anti-fraud minister resigns over government’s ‘woeful’ handling of Covid business loan fraud
More than 1,000 companies received bounce back loans despite the fact that they ’were not even trading when Covid struck’, according to the minister
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Latest News
Pen Underwriting inks multiyear capacity deal extensions with QBE
The businesses have worked together for the past 20 years
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Latest News
Insurers must prepare to pay interim material costs for cashflow concerned builders
Insurers ‘can expect a much wider range of project costs than normal’, predicts senior surveyor
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IT Interview
Simon Taylor: The independent broker ‘not interested in M&A’
Reich Insurance Group exceeded its five-year GWP target ahead of schedule – its chief executive tells Insurance Times the secret to running a successful broking business
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IT Interview
Howden Group aims to be new insurance industry ‘challenger’
The broking group plans to develop a ’lead position’ across continental Europe after now cementing its status as ’the new powerhouse in the UK market’, says chief executive
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Latest News
Howden Group boosts revenue by 48% in 2021 thanks to organic growth uptick
The broker attributed its 2021 revenue uptick to organic growth fuelled by talent in the business
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Latest News
Private equity company finalises Direct Commercial Group investment
DCG’s founder and chief executive will remain the majority shareholder
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Insight
Briefing: Can Aviva’s share price really hit 800p?
Aviva’s activist shareholder wants an 800p share price. Is this realistic?
