Insurer News – Page 106
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NewsAllianz Commercial to utilise green parts in fleet policy update
The insurer intends to mitigate ‘rocketing’ claims costs for consumers, says head of claims customer delivery
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NewsEcclesiastical detected over 130 fraudulent claims in 2022
Continuing to pursue untrue claims is ‘vitally important’ for keeping customers’ premium costs down, says claims director
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NewsBroker communications should be ‘carefully recorded’ following Emiliano Sala claim
Brokers should ensure all communications are recorded ’to eliminate evidential uncertainty should a dispute arise’, says partner
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NewsUK inflation will increase the need for gig economy insurance – GlobalData
Education among consumers is needed, however, due to the widespread belief that this cover is provided by employers
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NewsMotor premiums up by 8% in Q4 2022 – ABI
Around 40% of all work is now being impacted by delays in car parts
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NewsZurich UK selects new chief claims officer
The appointee has experienced the business through ‘every lens at every level’, having joined the insurer as a graduate in 1997
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NewsZurich UK set to offer 100 new apprenticeships in 2023
The insurer is also investing in upskilling its existing workforce to help futureproof its business, it said in a statement
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NewsFormer LV= chief executive set to replace retiring chair at Admiral Group
Admiral Group’s chief executive thanked the retiring chair for her support as she welcomed the incoming candidate
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NewsHiscox joins forces with insurance software specialist
Hiscox’s director of operations for London market says the firm hopes to embrace the ’various digitalisation opportunities coming out of Blueprint Two’
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NewsDLG boss’ decision to leave influenced by ’hostile’ market conditions
Following a predicted profit hit last year, however, DLG’s exiting boss believes the business will bounce back
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NewsDavies purchases specialist US-based insurance consulting firm
’It’s become essential for insurers who want to remain relevant and compete to invest in digital transformation’, says group chief executive
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NewsProprietary insurance data has influenced changes to Tesla vehicle design – Elon Musk
The US-based billionaire told investors that insurance data had provided a useful feedback loop for manufacturing process alterations
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NewsInaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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NewsManifesto 2023: Cost of regulation for brokers at an ‘all time high’
The average costs of regulation have skyrocketed by 40% since 2019, said the trade body
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NewsDirect Line Group chief executive Penny James steps down
Insurer’s chair says the business ‘will continue to focus on rebuilding our capital position’ and ‘restoring balance sheet resilience’ after ‘significant headwinds’ in 2022
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NewsFCA highlights focus areas for Consumer Duty implementation
The multi-firm review from the regulator ‘should be of real concern to the industry’
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NewsHSB scoops new chief underwriting officer from insurtech unicorn
The appointee’s ‘substantial experience and strong track record’ will help ‘drive’ the business forward following Stephen Morris’ retirement, says chief executive
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NewsCustomers’ short-term decision-making due to cost of living ‘should be a concern’ for sector
Insurer’s UKGI chief executive thinks equipping brokers with ‘the tools to have the right conversation with their clients’ is key to preventing SME underinsurance
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NewsZurich teams up with South Pole to support clients' net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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IT InterviewAdam Winslow: Retail business and HNW will form ‘the key axis of growth’ for Aviva’s personal lines arm in 2023
UKGI chief executive outlines where Aviva is aiming to expand this year across both personal and commercial lines – although eTrading ‘remains a big area of focus’
