Insurer News – Page 133
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NewsInsurance fraud saw 11.2% uptick in 2022 – Allianz Commercial
The insurer’s head of counter fraud says at ’each economic downturn, insurers usually see fraud escalate’
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NewsClimate change, cyber risks and ESG top sector challenges for 2023 – RPC
Climate change, ESG concerns and cyber risks all take their place in the key trends to look out for this year
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NewsDirect Line navigating further motor claims inflation
The insurer noted that claims inflation remains a feature of the market
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NewsDirect Line predicts home and commercial lines claims of £90m
The insurer has scrapped its final dividend for 2022 but has assured shareholders of its intention to restore balance sheet resilience
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NewsMarkel International promotes internally for new chief operating officer
The chosen appointee has proven herself to be ‘invaluable’ during her time at the business
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NewsFCA proposes updated guidance to support insurance customers in financial difficulty
The regulator is aiming to solidify its stated support for consumers struggling with the cost of living crisis, says executive director for consumers and competition
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IT InterviewQ&A: Investment in regional branches strengthens local broker partnerships – Axa Commercial
Axa Commercial chief executive Jon Walker tells Savan Shah how the firm is now better equipped to support SME customers
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NewsMarkerstudy bags Tradex Insurance Services in Clegg Gifford deal
The buy was revealed on Companies House last week
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NewsEcclesiastical takes over Brokerbility scheme
The scheme took effect from Thursday 1 December and forms part of the specialist insurer’s ‘ambitious’ growth plans, says corporate buisness director
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NewsGlobal M&A insurance sector saw a ‘turbulent’ 2022 – Gallagher Specialty
The M&A insurance sector will continue to ‘evolve and persevere’ despite challenging economic conditions, predicted the report
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NewsLloyd’s Lab opens applications for tenth cohort
In a first, the tenth cohort of the fast-track accelerator has a regional focus for its cyber category
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NewsIUA publishes business plan for 2023
The association has highlighted key challenges for the London Market in the coming year
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NewsCNA Hardy launches additional cyber cover for technology businesses
The insurer’s new product also includes first party and thid party cyber cover as standard
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NewsUK economy set for 2023 recession amid ongoing inflation and energy crisis – Allianz Trade
Business insolvencies in the UK reflect inflationary pressures and high energy costs, according to Allianz Trade’s chief executive
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NewsMS Amlin’s head of reinsurance adopts additional interim chief underwriting officer role
The changes follow Andrew Carrier’s promotion to chief executive
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NewsAviva launches new young driver insurance product
Quotemehappy Connect will allow young drivers to earn cheaper premiums via safer driving while providing personalised advice to less safe motorists
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NewsBest of Christmas Backchats 2022
After 12 whole months of backchats, Insurance Times has rounded up the best Christmas backchats for December 2022 including a pink grizzly bear, Santa’s naughty or nice list and an epic dance-off. You heard it here first….
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NewsManyPets chooses European digital insurer as its new UK carrier
MGA ManyPets UK has partnered with European digital insurer Wakam as its new UK carrier.
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NewsCanopius Managing Agency appoints new UK CFO
The appointment will see interim CFO Gavin Phillips return to his main role as CFO for the wider Canopius Group
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NewsLloyd’s appoints new council member
The newly elected member’s appointment will see Dominic Christian step down from his position
