Insurer News – Page 102
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NewsLimited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
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NewsDramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
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NewsAllianz Group switches up c-suite to improve commercial lines experience
Regional appointments have been made in the UK, Australia, France and Germany
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NewsZurich UK prevents more than £70m worth of fraudulent claims in 2022
’Turning to crime is never the answer,’ says detective chief inspector
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News AnalysisThe Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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NewsLloyd’s Lab names the 13 insurtechs to join cohort 10
’I’m excited to see the dynamism and output,’ says senior manager
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NewsFCA ‘nowhere to be seen’ as people of colour continue to pay more for motor insurance
’There is a truly worrying link between ethnicity and insurance costs,’ says chief executive
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NewsInsurance sector needs to embrace those who fear innovation
’They have a real role to play,’ says product manager
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NewsBenefact Group launches EV scheme as part of drive to net zero
The initiative will enable employees to commute ‘with much less impact on the environment and our communities’, says managing director
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NewsAverage motor insurance costs saw largest recorded year-on-year jump – Consumer Intelligence
Premiums decreased for under 25s, while costs increased significantly for those aged over 50
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NewsRSA announces departure from UK personal lines motor market
’We were clear that we would take necessary actions to drive sustainable outperformance in UK and Ireland,’ says chief executive
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NewsAqueous sets sights on SME dominance in wake of capacity deal
The deal represents “a new partnership that marks a major and important step on our journey,” says head of eTrade
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NewsConvex backs aviation MGA as it prepares for takeoff
’Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,’ says head of aerospace
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NewsWarning for London insurance market despite ‘stable’ rating issued
’Failure to prepare for risks could have capital implications,’ says rating agency
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NewsLloyd’s explains cautious 2023 COR projection despite strong performance
’I believe it’s better to give guidance that is really achievable,’ says chief financial officer
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NewsZurich experimenting with AI ChatGPT chatbot
An insurtech collaborating with the insurer believes that the chatbot could ’provide a better customer outcome’
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NewsLloyd’s of London provides Blueprint II progress update after ‘great’ 2022
’2023 will be an important year for the delivery of Blueprint II,’ says chief executive
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NewsLloyd’s Lab reveals insurtechs in tenth cohort pitch day
’The insurance sector and innovation have to some moved at a slow pace – with the industry being conservative in nature and therefore slow to embrace change,’ says Altus non-executive director
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NewsUK&I leads way in European insurance M&A deals – but has activity reached its peak?
There is ’increased saturation in the UK and Irish markets’, warns FTI Consulting
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NewsNearly one in five SMEs cutting insurance cover – Allianz
This development ’raised the risk’ of underinsurance, says insurer
