Insurer News – Page 120
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NewsInsurers to take part in Bank of England’s new system-wide exploratory scenario exercise
’We regularly run scenario exercises with a variety of firms, which support our efforts to protect and enhance the stability of the UK financial system,’ says deputy governor
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NewsWarning as firms face more risk over disinformation
’What businesses need is timely, verifiable and actionable intelligence, which they can then use to make decisions,’ says regional security director
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NewsChange in the way insurers manage risk on the horizon
’For some of the risks that businesses face, they will require a transformational response,’ says managing director
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NewsMore than a quarter of top insurers could struggle to get cyber insurance – SecurityScorecard
‘Insurers setting standards that they cannot meet themselves could damage the credibility of those insurers whole,’ says insurance solutions director
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NewsLloyd’s of London responds to young brokers’ underwriting room concerns
New research revealed that the majority of young brokers wanted their working life to comprise of at least 50% face-to-face trading with underwriters
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NewsCovéa appoints new UK chief executive as Adrian Furness confirms departure
New appointee says he is ’honoured by the trust the board of directors has placed in me’
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NewsUnderinsurance spikes among broker HNW clients – Ecclesiastical
’Brokers play a vital role in ensuring their clients have the correct cover in place’, says art and private client business director
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NewsNew campaign being developed to attract young talent to insurance industry
’The general perception around insurance is that it is boring and old fashioned,’ says vice president
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IT InterviewGlenn Stevens: Loss adjusters a ‘fourth emergency service’ for customers in time of need
The senior major and complex claims adjuster explains the importance of building relationships after being crowned Claims Champion of the Year
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NewsAvantia’s customer growth triggers boost in turnover
’We continue to see significant opportunities to use the capabilities we have developed for the non-standard home insurance market,’ says chief executive
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NewsFCA imposes restrictions on four insurance firms amid AR crackdown
’Thanks to our tougher rules and new reporting requirements, we have been able to take increased action,’ says director of insurance
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NewsInsurance industry needs to ‘keep up’ with evolving customer demands amid digital shift – Aviva
’The digital shift really changed through the pandemic,’ says head of customer experience
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NewsThe types of insurance most complained about in the last financial year
Across main financial product areas, insurance received the second highest number of complaints
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NewsBrightstar launches new insurance broker
Chief executive says move ’reflects our strategic objective as a group to provide a more holistic solution for our clients’
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NewsCII seeking ‘rising stars’ for flagship talent scheme
The class of 2023/24 will be made up of 40 ‘promising professionals’, according to a statement
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NewsLack of underwriter presence at Lloyd’s ‘point of contention’ for young brokers – Liiba
‘It is embarrassing if there are more underwriters in Leadenhall market than there are at the box,’ one broker stated
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NewsCan brokers trust AI to handle sensitive data?
’You wouldn’t share a client report with a friend for a view, so why do it with AI?’ says corporate director
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News‘Tough’ 2023 predicted for motor insurance market as high COR forecast
’This is undeniably a tough time to be a motor insurer,’ says business management consultant firm
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NewsTifgroup unveils new platform to improve consumer access to travel insurance
’We believe this needs-driven, rather than price-driven, approach will make a big difference to the customer experience,’ says director of underwriting
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NewsWhat is the digital future of insurance firms?
’Companies that are going to be fully digital are only companies that startup from scratch,’ says chief transformation officer
