Insurer News – Page 127
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NewsLloyd’s Market Association announces members for new committee
’The members are a fantastic group of experts,’ says underwriting director
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NewsOpportunistic insurance fraud cases surge amid cost of living pressures
’Honest customers rightly expect insurers to clamp down on insurance fraud,’ says head of fraud and financial crime
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NewsWarning for SMEs as insurers worried about ‘huge’ cyber exposures
’The challenge for insureds is to try and understand the risks,’ says manager
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NewsNew Era makes acquisition to specialise in haulage and courier sectors
The deal is New Era’s first since becoming part of the JMG Group in March 2023
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NewsLexisNexis Risk Solutions launches new weather datasets amid ‘changing risk landscape’
’We are seeing a changing risk landscape with climate change affecting weather patterns across the UK,’ says product manager
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NewsCyber insurance provider Cowbell announces new manager as UK operations launch
The international firm’s new operations will be piloted by CFC’s former cyber team lead
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NewsCastle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
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NewsRSA snaps up new chief operating officer delivery director
The appointee will be responsible for transforming the insurer’s claims technology
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NewsDisagreement over compensation for mixed injuries causing uncertainty for claimants – Minster Law
’The personal injury market has gone through a great deal of turmoil,’ says chief executive
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NewsLimited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
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NewsDramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
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NewsAllianz Group switches up c-suite to improve commercial lines experience
Regional appointments have been made in the UK, Australia, France and Germany
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NewsZurich UK prevents more than £70m worth of fraudulent claims in 2022
’Turning to crime is never the answer,’ says detective chief inspector
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News AnalysisThe Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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NewsLloyd’s Lab names the 13 insurtechs to join cohort 10
’I’m excited to see the dynamism and output,’ says senior manager
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NewsFCA ‘nowhere to be seen’ as people of colour continue to pay more for motor insurance
’There is a truly worrying link between ethnicity and insurance costs,’ says chief executive
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NewsInsurance sector needs to embrace those who fear innovation
’They have a real role to play,’ says product manager
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NewsBenefact Group launches EV scheme as part of drive to net zero
The initiative will enable employees to commute ‘with much less impact on the environment and our communities’, says managing director
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NewsAverage motor insurance costs saw largest recorded year-on-year jump – Consumer Intelligence
Premiums decreased for under 25s, while costs increased significantly for those aged over 50
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NewsRSA announces departure from UK personal lines motor market
’We were clear that we would take necessary actions to drive sustainable outperformance in UK and Ireland,’ says chief executive
