Insurer News – Page 115
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Russia’s sovereign internet could see cyber insurance implications – CyberCube
A sovereign Russian internet could lead to cybercriminal safe havens which could see implications for cyber insurance according to the latest report from CyberCube published today (12 September 2022).
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UK businesses remain ‘in the dark’ about energy costs despite new government plans
Businesses will require additional support before they are ‘forced to close their doors’, says risk expert
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Insurance industry mourns death of ‘inspirational’ Queen Elizabeth II
The insurance sector is in mourning following the death of Queen Elizabeth II yesterday (8 September 2022) aged 96. She reigned for 70 years and 214 days and remains Britain’s longest standing monarch, having been catapulted to the throne on 2 June 1953 when she was aged 25, following the ...
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Lloyd’s of London reports COR of 91.4% for H1 2022
The market also achieved an underwriting profit of £1.2bn for the period
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Matthew Wilson returns as Brit group chief executive
Wilson and his family have set up a fund with charity Blood Cancer UK
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SiriusPoint names ex-RSA boss Scott Egan as new chief executive
The firm’s interim chief executive will step down
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Moody’s teams up with specialty reinsurer on new ESG underwriting solution
The proposition was designed with the aim of supporting P&C insurers with ESG management
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New chancellor summons insurance leaders to Treasury
Kwarteng said his attention would immediately focus on minimising the impact of the cost of living crisis
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ABI responds to Merton Council leader comments in wake of Thornton Heath gas explosion
The trade association said it would continue to monitor any developments and reiterated that insurers would continue to do everything they can to assist impacted residents
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Markel names ex-AIG head as new managing director of distribution strategies and business development
The move will see his predecessor step down and move into a consultant role ahead of retirement at the end of the year
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Animal Friends chooses new chief financial officer
The appointee’s experience in finance will help ‘elevate and strengthen’ the firm’s strategic plans, says managing director
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Schools want more crime and risk guidance from brokers – Ecclesiastical
The results of the insurer’s survey highlight an opportunity for brokers to engage with education clients
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North American cyber MGA begins trading in the UK
The firm will be distributing its products via UK brokers to the SME sector, according to a statement
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Motor manufacturer data could be the ‘Holy Grail’ for improving telematics insurance
Partnering with motor manufacturers to leverage this data could also create new partnerships for the insurance sector, says chief executive
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Ecclesiastical plans to double size of art and private client book within five years
One way the insurer intends to fulfil its ambition is to ‘be helpful’ to brokers
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IUA tackles high-rise fire safety risks with new model insurance clause
The representative body hopes that its new clause will provide underwriters with ‘greater confidence to offer effective insurance solutions’ to firms that are working to remove dangerous cladding from high-rise buildings
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UK P&I Club snaps up chief underwriting officer from Newline Underwriting
The firm’s outbound CUO will be moving up the ranks to head up the firm’s arm in the Netherlands
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Esure’s in-force policies dropped by 3.2% in H1 2022
Chief executive explains that 2021’s £21.3m profit dip has been funnelled into digital transformation work
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MIS teams up with Markel International for major loss events proposition
Markel’s claims director of wholesale says MIS’s solution gives the business ’another string to our bow’
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Zego inks deal with QBE to expand telematics-based fleet insurance offering
The pair share a passion for innovation around risk, says insurtech’s chief executive