Insurer News – Page 122
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Aviva’s Blanc calls out industry sexism
The insurance giant chief executive was the target of “inappropriate” comments at last week’s AGM
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Natural catastrophe claims knock Q1 P&C operating profit for Allianz Group
Chief executive states that the insurer’s ‘results demonstrate that our business can withstand significant geopolitical and economic pressures’
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Insurance Times reveals 2022 results of annual eTrading survey
Read on to find out which insurer extranet platforms gained five star recognition from brokers, as well as which software houses and broker management systems triumphed across the report’s metrics
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Backchat May 2022
An AI-inspired podcast, a fraudulent butcher, payouts following the sinking of the most luxurious ocean cruise liner ever built and lunching with a sporting star. What has the insurance industry been up to lately? You heard it here first…
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Specialist insurer launches bespoke scheme for sports sector via new partnership
The partnership will provide flexibility to cover sector-specific risks, says director
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Direct Line estimates extreme weather claims to reach £40m
The insurer says these potential claims are within its budget for the year
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Markel’s Richard Whitt confirms retirement date
The firm’s co-chief executive first joined the company in 1991 and has played a pivotal part in transforming the company into a ‘global leader’, says chairman
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Aegis London deploys Phinsys to execute digital transformation strategy
Aegis wanted to find the ‘right partner’ to provide future-proof solutions
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Lloyd’s of London faces legal battle after Putin ‘swipes’ 500 planes
In March, the Treasury banned UK insurers and reinsurers from serving Russian firms
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Government proposals to scrap annual MOTs could see increase in ‘unroadworthy vehicles’
Although the proposed change could save £55 a year, this could lead to more unsafe cars on the road which could subsequently increase insurance premiums
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Global insurtech funding for Q1 2022 hits $2.2bn – Gallagher Re
Q1 2022 saw the highest ever-recorded participation of early-stage investment
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Zurich UK enhances new small fleet policy for electric vehicles
The policy will now include a like-for-like EV replacement when customers use one of its improved repair networks
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Swiss Re enters Lloyd’s Lab
The reinsurer has entered the accelerator’s eighth cohort with an ESG proposition
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76% of Brits do not understand health insurance cards – Direct Line
The insurer warns that the ‘gap is growing’ for Global Health Insurance Cards
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RSA understands its ‘products to the nth degree’ following BI test case
Commercial lines managing director says the insurance sector is now ‘better’ as a result of the FCA’s test case action
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SMEs must ‘step up’ cyber security game amid Ukraine-Russia war – Aviva
Brokers have a key role to play in educating customers on cyber risk and resilience
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Specialist insurer Beazley predicts business risks to increase for Summer 2022
Business leaders are facing the ‘stiffest test in a generation’, says chief executive
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Government reveals changes to the Highway Code to accommodate self-driving vehicles
The amendments aim to ensure that the first wave of self-driving vehicles are used safely on UK roads, but industry concerns remain
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Supply chain shocks and waning confidence amid Ukraine-Russia war – Allianz Trade
High energy prices have become a ‘top concern’ for European exporters since the war began