Insurer News – Page 113
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NewsCatch up on insurers’ half-year financial results for 2023
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2023. Get the story on insurers’ balance sheets and factors driving the figures here…
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NewsSabre profits drop in H1 2023 despite rise in GWP
Chief executive says results are ’in line with our expectations and support our full year projection’
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NewsAspen appoints new claims management partner
’We are pleased to have selected a partner that shares our vision and values,’ says chief operating officer
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NewsFortegra announces new appointments to bolster UK strategy
’I am confident the team in London will build Fortegra’s specialty insurance presence,’ says chief executive
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NewsAviva increases GWP by 12% for H1 2023
Aviva grew UK premiums 11% in commercial lines, which it put down to ’strong rate and new business growth in mid-market and specialty lines’
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NewsAdmiral Group posts small COR rise amid ‘persistent high inflation’
However, the group improved its turnover and insurance revenue despite ’a challenging market’, says chief executive
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IT InterviewSteve Cowman Q&A: ‘Market competition a significant challenge’
’With the insurance landscape evolving rapidly, MGAs must differentiate themselves,’ says managing director
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NewsAllianz ‘very much committed’ to personal lines motor broker channel despite ‘volatility’ – Colm Holmes
Allianz saw ‘inflation running at 11% in personal lines motor’ for the first half of 2023, says chief executive
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NewsNigel Walsh: ‘Each new wave of innovation is bigger than the next’
’Without doubt, fortune will favour the brave,’ says managing director
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NewsCopart UK continues expansion with new storage facility
’Expanding our provision of storage capacity is vital,’ says chief executive
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NewsWarning as motorists could be losing up to £8.6bn on insurance claims
’Our data shows the harsh financial reality of payments which are lower than fair market value for drivers,’ says managing director
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NewsKingfisher Insurance’s classic car brand launches scheme for VW enthusiasts
Partnerships director says scheme will ’best suits their needs and protects these popular cars on our roads for generations to come’
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NewsLV= General Insurance unveils plan to move Bournemouth headquarters
’We wanted a space that could support our aspiration to have a more sustainable working environment,’ says transformation director
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NewsAllianz Commercial snaps up Aviva veteran to bolster southern structure
’She brings with her extensive market experience and established relationships with our broker partners,’ says mid-market managing director
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NewsMarco Perestrelo: ‘We have seen first hand how technology creates new experiences for customers’
’Esure has undergone a complete transformation,’ says head of claims technology
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NewsQBE International improves COR and grows GWP by 18%
However, the QBE Insurance Group as a whole saw its COR increase by nearly four percentage points
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NewsUK insurance sector bleeds more than £200bn yearly due to lost billable hours
’The lack of sufficient time recording, management and billing of hours worked by staff in insurance firms is having a large impact,’ says vice president
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NewsAverage price of motor premiums hit record high as cost of vehicle repairs surge
’These continue to be tough times for many motorists and motor insurers alike,’ says director
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NewsLloyd’s of London chairman gives underwriting room verdict amid attendance concerns
’To those who fear Lloyd’s has lost sight of its historical roots or its place in time and space, fear not,’ says chairman
