Insurer News – Page 141
-
NewsEcclesiastical plans to double size of art and private client book within five years
One way the insurer intends to fulfil its ambition is to ‘be helpful’ to brokers
-
NewsIUA tackles high-rise fire safety risks with new model insurance clause
The representative body hopes that its new clause will provide underwriters with ‘greater confidence to offer effective insurance solutions’ to firms that are working to remove dangerous cladding from high-rise buildings
-
NewsUK P&I Club snaps up chief underwriting officer from Newline Underwriting
The firm’s outbound CUO will be moving up the ranks to head up the firm’s arm in the Netherlands
-
NewsEsure’s in-force policies dropped by 3.2% in H1 2022
Chief executive explains that 2021’s £21.3m profit dip has been funnelled into digital transformation work
-
NewsMIS teams up with Markel International for major loss events proposition
Markel’s claims director of wholesale says MIS’s solution gives the business ’another string to our bow’
-
NewsZego inks deal with QBE to expand telematics-based fleet insurance offering
The pair share a passion for innovation around risk, says insurtech’s chief executive
-
NewsSompo International agrees sale of EAL to ‘withdraw’ from Lloyd’s
The move marks the culmination of the firm’s strategy to divest itself from Lloyd’s and focus on the London market
-
NewsAxa completes sale of Malaysian insurance operations
Generali has bought Axa’s shares in this territory for total cash proceeds of €140m
-
NewsIndustry fraud crackdown sees dishonest claims fall in number and cost – ABI
With the cost of living crisis potentially triggering a fraud epidemic, one industry leader is calling for the Insurance Fraud Taskforce (IFT) to reconvene
-
NewsJunior underwriter at reinsurer wins sexual discrimination case
A derogatory comment was made about the underwriter’s breasts
-
NewsEcclesiastical enhances art and private client policy to cover cyber risks as standard
Art and private client business director reveals that policy changes are the result of broker feedback
-
NewsAllianz Holdings names Aviva director in newly created compliance role
The hire continues Allianz’s investment in ‘second line defence’, says chief executive
-
NewsTaxi driver pays £12,500 in damages after staged three vehicle crash
The savings associated with preventing the fraudulent claim, including legal costs, amount to £175,000, according to law firm
-
NewsMan jailed after using different identities to submit fake travel insurance claims
Aviva was one of six insurance companies impacted by the 27-year-old’s fraudulent activity
-
NewsEx-Lloyd’s Lab head Ed Gaze scoops new role at alumnus insurtech
The insurtech was part of Lloyd’s Lab’s cohort four, during Gaze’s tenure at the accelerator programme
-
NewsAviva’s Nick Major and Simon Mobey step down
The staff changes have triggered a c-suite reshuffle
-
NewsTesco Bank appoints new chief customer officer
The new hire will oversee the firm’s proposition for customers across its insurance, banking and money service divisions
-
NewsCyclists could be required to purchase mandatory insurance following Transport Bill review
UK’s transport secretary implied that he is not a fan of unnecessary ‘bureaucracy’, however
-
NewsLloyd’s of London sets cyber policy exclusions for state-backed attacks
Managing agents must show that exclusion clauses have been legally reviewed
-
NewsEuropean windstorms caused £3,142m in insurance industry losses – Perils
The firm’s latest estimate would make the February storms the largest European windstorm loss since January 2007
