Insurer News – Page 132
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NewsProprietary insurance data has influenced changes to Tesla vehicle design – Elon Musk
The US-based billionaire told investors that insurance data had provided a useful feedback loop for manufacturing process alterations
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NewsInaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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NewsManifesto 2023: Cost of regulation for brokers at an ‘all time high’
The average costs of regulation have skyrocketed by 40% since 2019, said the trade body
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NewsDirect Line Group chief executive Penny James steps down
Insurer’s chair says the business ‘will continue to focus on rebuilding our capital position’ and ‘restoring balance sheet resilience’ after ‘significant headwinds’ in 2022
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NewsFCA highlights focus areas for Consumer Duty implementation
The multi-firm review from the regulator ‘should be of real concern to the industry’
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NewsHSB scoops new chief underwriting officer from insurtech unicorn
The appointee’s ‘substantial experience and strong track record’ will help ‘drive’ the business forward following Stephen Morris’ retirement, says chief executive
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NewsCustomers’ short-term decision-making due to cost of living ‘should be a concern’ for sector
Insurer’s UKGI chief executive thinks equipping brokers with ‘the tools to have the right conversation with their clients’ is key to preventing SME underinsurance
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NewsZurich teams up with South Pole to support clients' net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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IT InterviewAdam Winslow: Retail business and HNW will form ‘the key axis of growth’ for Aviva’s personal lines arm in 2023
UKGI chief executive outlines where Aviva is aiming to expand this year across both personal and commercial lines – although eTrading ‘remains a big area of focus’
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NewsBikmo partners with Blike for bike leasing fleet customers
The specialist insurer has ‘seen a shift in the bike sector from ownership to leasing’, says chief executive
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NewsCost of living crisis named as top concern for UK heritage organisations – Ecclesiastical
’Brokers play an important role in helping heritage clients understand the risks they are facing’, says customer segment director
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NewsQBE evens up maternity and paternity leave
The insurer has also added new wellbeing-focused initiatives, including support with fertility
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NewsHalf of UK businesses could be underinsured – Aviva
The threat underinsurance plays to SME businesses has reached a ‘critical point’, says chief executive
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NewsBrokers key in ‘shaping London market’s destiny’ for 2023
The broker body intends to support the new PPL, which is set to be rolled out in February
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NewsBusiness confidence in UK economy plummets – Aviva
The insurer’s latest report found ‘a veritable collapse’ in business outlooks
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NewsLiberty Specialty Markets promotes internally for new chief underwriting officer in London
The appointee has so far ‘contributed exceptional underwriting expertise’ and demonstrated ‘strong leadership’, says LSM’s chief underwriting officer
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NewsMoJ launches consultation on dual discount rates for personal injury claims
It is essential that this ’does not turn into a cost saving exercise that benefits the balance sheet of compensators’, says executive director
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NewsAgeas UK makes two key appointments
The insurer has recruited a new CIO and promoted for a claims director
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NewsSoaring PI costs causing law firms to close – Hazlewoods
Insurers were exiting or reducing their capacity in the ‘unprofitable’ market, says the firm
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NewsAviva enhances sustainability commitment with new offshore wind market offering
The insurer’s chief executive for UK and Ireland general insurance believes this is an ‘exciting’ ‘growth area’
