Insurer News – Page 127
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‘Gold dust’ data must be used to inform decision-making and tackle underinsurance
Webinar panellists discuss how data from broker management systems can be put to best use
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Brit Insurance remains ‘optimistic’ after 2021 full year profit of $247.1m
The insurer has confidence ’that it is well placed to respond to the opportunities and challenges ahead’
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Lancashire Holdings suffers financial loss in 2021 driven by natural catastrophe events
Despite having a poor year for returns, the group reached record breaking levels of gross written premium after investing in expanding its portfolio
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Beazley improves combined operating ratio by 16% in 2021 following pandemic recovery
Rate improvements in the cyber market and lower natural catastrophe losses have contributed to the business’ profit
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Zurich UK returns to pre-pandemic level with £450m operating profit
The insurer has paid £2bn in claims across all UK business areas
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Aviva strengthens net zero commitments with renewable energy insurance portfolio growth
The insurer aims to be a top three renewable energy insurer in the London market
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Admiral named best Gibraltar-based insurer for second year running – Insurance DataLab
The insurer’s ‘market-leading COR’ exceeded the performance of the largest UK underwriters in 2021, says data insight firm
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Which three insurers have been awarded five stars by brokers in the 2022 Insurance Times Personal Lines Survey?
The Insurance Times Five Star ratings for personal lines have just been unveiled, with three insurers being awarded the full five stars by brokers
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Aviva backs Online Safety Bill amendment to stamp out illegal content
Ofcom will now be able to issue fines to websites that do not comply with the bill’s measures
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Shed and outbuilding home office thefts up 43% as lockdown eases – LV=GI
November and December 2021 saw the highest numbers of burglary-related claims, reported the insurer
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Campaigners call out insurers investing $7.9bn in North Sea oil and gas companies
Removing support for oil and gas production ‘needs to accelerate beyond the current baby steps’, says climate campaigner
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Lloyd’s to tap marketplace collaboration to make Blueprint Two reality
A feedback loop from the marketplace will be used by Lloyd’s to ensure a smooth and effective digitisation journey
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Backchat January/February 2022
Flying sheep, the Great Train Robbery, new babies and Tinder dates. What has the insurance industry been up to of late? You heard it here first…
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Insurance Fraud Bureau appoints Axa veteran as new non-exec director
The new non-executive director’s ‘expertise will prove invaluable’ as the organisation shapes its strategic direction, says IFB director
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UK General Insurance partners with insurtech on new product
The cover is designed for students, young professionals and renters as the partners eye creating a ‘fundamental’ change in contents insurance, says insurtech founder
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Markel UK promotes internally for newly created broker divisional director role
The candidate is the ‘ideal person’ to fulfil the role because he has been ‘pivotal’ in shaping broker-insurer relationships, says divisional managing director
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Encouraging survey reveals cyber insurance uptake on the rise
Survival is a ‘top priority’ for SMEs post-pandemic
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Chubb promotes firm veteran for UK and Ireland head of distribution
The hire will look to expand his drive of ‘deeper engagement’ across the ‘entire broker spectrum’, says division president
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Lloyd’s plan for consistency in face-to-face meetings amid rise in home working
Transparency on when underwriters will be available in person is needed
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More than half of brokers prioritise giving back to the community – Ecclesiastical
The main driver for giving back is making a difference