Insurer News – Page 113
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Lloyd’s finds ‘no evidence of any compromise’ following suspected cyber attack
The market has been advised that it can now restore its network services
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Broker Service Survey 2022/23: How many stars do your insurer partners deserve?
Brokers nationwide can now participate in the annual Insurance Times Broker Service Survey for 2022/23.
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Latest OIC performance data show claims volumes remain low
Low percentages of claims originating from unrepresented claimants now ‘part of an established pattern’, says executive director
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Certua partners with global insurer on cover bundle for small scheme and programme business
The deal aims to help brokers find a solution in a market that has ‘become increasingly difficult to underwrite profitably’, says chief executive
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Workplace stress tops concerns for UK brokers in 2022 – Ecclesiastical
Around 10% of brokers reported feeling uncomfortable about discussing their mental health with employers
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Majority of insurance sector employees say they have ‘too much to do’ at work
Heavy workloads, deadlines, meetings and emails were all reported as factors that make insurance sector employees feel burnout
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Motor insurers and credit hire companies agree increased hire rates
The move hopes to ease pressure among GTA members and reduce risk for end customers
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Lloyd’s of London resets systems following potential cyber attack
The international insurance marketplace detected ‘unusual activity’ on its network last night, it told Insurance Times
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PFR measures could majorly mitigate future flood losses – JBA Risk Management
The firm said the insurance market will see profit from Flood Re’s BBB scheme in seven years if just 3% of suitable properties were invested in
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Lemonade ‘coming home’ with UK launch
The insurtech’s co-chief executive and co-founder describes himself as a Brit
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HDI Global appoints new UK and Ireland chief financial officer
The appointment follows former chief financial officer Richard Mangion departing the post
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Canopius Group appoints new group head of change
The new hire brings over 30 years of experience to the team
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New environmentally friendly motor insurer launched
Zixty will provide carbon footprint offsetting to its short term motor customers as part of its cover
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Lloyd’s postpones two milestones in latest Blueprint Two update
The marketplace’s chief executive added that he was confident the initiative would make the market ’better, faster and cheaper’, but that vendor support was essential
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Hastings Direct rolls out increased pay for employees amid cost of living crisis
Employees will also have access to free meals in the company’s Bexhill and Leicester offices
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Top 50 Insurers 2022 Digital Edition is now live
The definitive ranking of the UK’s top general insurers for 2022 has now been released – but where has your firm placed?
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Saga returns to profit for H1 2022 as travel soars post-Covid
The insurer’s group chief executive says although the business is ’mindful that the external environment remains challenging’ it is confident that Saga is now in a stronger position than it was pre-pandemic
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SMEs face significant levels of uninsured risk amid ‘tumultuous’ times – Aviva
Brokers are therefore vital for providing advice to protect businesses through economic headwinds
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Ecclesiastical posts improved COR of 88.8% for H1 2022
The specialist insurer also saw its GWP rise to £261.9m
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Aviva invests $10m in Female Innovators Lab Fund
Aviva plays a key role in supporting female leadership with the insurer’s chief executive Amanda Blanc a strong advocate