Insurer News – Page 114
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NewsUnderinsurance is a bigger risk to HNW clients than theft or burglary – Ecclesiastical
Almost three quarters of brokers believe there is a problem with HNW customers being underinsured
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NewsOptimisation is ‘the game in town’ rather than simple pricing – RSA
At Earnix’s mid-September conference in London, RSA’s chief underwriting officer discussed how fair value might be applied to the increased quantity of products in the market
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NewsLloyd’s receives approval for cyber syndicate as it targets pragmatic growth
The market is developing ‘realistic disaster scenarios’ to prepare for potential threats, added chief of markets
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News‘Temporary’ government energy bill support does not avert risk of insolvency for UK businesses
Commercial insurance clients may now have to make operational decisions to survive tough economic times, say insurers
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NewsLloyd’s Lab names insurtechs in ninth cohort
Lloyd’s Lab has revealed the nine insurtechs in its ninth cohort, eight of which are UK based
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NewsAxa UK Retail launches first in-house digital-only insurance brand
The development aims to be a ‘vital safety net’ for customers seeking flexible cover via technological means, says top boss
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NewsStaysure Group buys remaining shares of price comparison website
The price comparison website’s founder and managing director will be stepping down as a result
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NewsAllianz Partners names new chief executive
The firm’s focus under its new management will remain on boosting growth, says new boss
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NewsLloyd’s syndicates returned to profit in 2021 – Insurance DataLab
Controlling claims costs and operating expenses will soon become a “key battleground” for the market, says co-founder
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NewsLloyd’s commercial lines customer experience is like a ‘pig going through a python’
Speaking at CFC’s UK Summit last week, Lloyd’s chairman explains the importance of meeting customer needs digitally
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NewsAxa XL’s chair of the boards set to retire
She has served as chair of Axa XL’s UK entities for the past five years
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NewsLondon market still catching up on admin backlog caused by pre-pandemic ‘creaking systems’
London market firms are ‘leaning into the need to move to a digital marketplace’, causing a technology ‘revolution’
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NewsLloyd’s hosts ceremony to mark the death of HM Queen Elizabeth II
The Lutine Bell was rung a total of three times to mark the royal household’s change
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NewsEarnix and Guidewire team up to accelerate insurer speed to market
The pair hopes to reduce implementation time and costs
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NewsGlobal insurance broker secures approval for Asta-managed Flux syndicate 1985
The launch aims to increase the $32bn of premium already flowing into Lloyd’s from the broker
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NewsLondon market has ‘real opportunity’ to be ‘an innovator’ for climate change transition risks
Brokers, insurers, regulators and markets all have a role to play in supporting the transition to net zero carbon emissions
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NewsAnansi partners with insurer to offer embedded goods-in-transit insurance package
The collaboration aims to address current market pains resulting from an ‘antiquated’ method
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NewsLloyd’s improves ‘underlying performance’ – AM Best
Lloyd’s turned a corner in 2021, according to senior director.
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NewsLloyd’s of London’s reserving for Ukraine crisis is a 'sensible reserve position’
Lloyd’s had arrived at its reserving figure for Ukraine-related claims via a ’probability weighted exposure reserving method’, says chief financial officer
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NewsClimate change discussion is ‘more urgent than ever before’ to gain independence from Russia
Reinsurer cites dual motivations as to why climate change and the transition to net zero carbon emissions needs to be pushed up global agendas
