Insurer News – Page 110
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NewsRevealed: Insurance Times Awards finalists 2023
The awards are designed to recognise the best and brightest in UK general insurance
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News AnalysisSME brokers grapple with ESG strategies in collaborative effort with insurers
’It may be possible to achieve alignment relatively easily by having a discussion about what ESG means and how it is relevant to the firm,’ says associate broker
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NewsPremiums 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
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NewsInsurers warned as motor and building insurance complaints hit five-year high
’Where these complaints are driven by insurers delaying paying out on claims, that’s unacceptable,’ says chief executive
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News AnalysisInsurance sector responds as RAAC crisis continues
‘It is really important that schools discuss any construction work with insurers to understand any implications,’ says principal risk management surveyor
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NewsEx- Covéa Insurance chief executive appointed managing director of Motor Repair Network
’I’m stepping into the role of managing director for Motor Repair Network at a very exciting time,’ says new appointee
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NewsJensten Group continues to bolster regional presence with broker buy
’We are delighted to join Jensten and are excited about this next phase,’ says chief executive
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NewsActivists hold protest at reinsurance conference
’We are asking insurance companies to stop supporting the fossil fuel industry,’ says project manager
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NewsGRP rebrands after Bruce promotion
Business says the move will ’increase the visibility’ of its technical knowledge
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NewsLucida appoints new chief financial officer
’I am excited to be joining Lucida Group at such a pivotal point,’ says new appointee
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NewsAllianz Commercial stops nearly £40m worth of fraud in H1 2023
The insurer has also revealed the types of scams it has had to stop in the first six months of the year
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NewsAbacai enters into strategic partnership with law firm
’Adding the team from Abacai gives us the opportunity to maximise the skills and expertise of both organisations,’ says chief executive
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NewsReinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
‘It’s certainly one of those trends that is here to stay,’ says managing director for analytics
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NewsGeneral insurers’ profitability to lag behind cost of capital in 2023 – Swiss Re
‘The elevated risk landscape calls for more frequent adjustments to underwriting practices,’ says chief underwriting officer
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NewsLloyd’s Lab names cohort 11 insurtechs as it approaches fifth anniversary
The accelerator is ‘continuing to grow the global reach of Lloyd’s Lab’ says senior manager
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NewsDirect Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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NewsVast majority of motor insureds worried about premium rises – ALA Insurance
’2023 will undoubtedly be tough for consumers and insurers alike,’ says head of UK general insurance
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NewsLloyd’s H1 2023 results swing back into profit
’These results set us up to deliver on our positive financial outlook for 2023,’ says chief executive
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NewsRSA agrees ‘transformative’ deal to acquire DLG’s commercial lines operations
The deal ’really turbo boosts our existing strategy for our broker proposition and our customer proposition in commercial,’ says chief executive
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NewsLloyd’s Market Association appoints new underwriting director
’Her extensive experience and board-level perspective makes her the ideal person,’ says chief executive officer
