Insurer News – Page 141
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NewsNew cross-industry initiative set to increase ethnic minority representation in insurance
Ambassadors include Lloyd’s boss John Neal and the ABI’s outgoing director Huw Evans
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NewsTop UK insurance firms see 5% top line decline in 2020 – GlobalData
This includes Aviva as well as Legal and General
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NewsPrince Charles and global insurance industry join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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NewsIndustry braces for claims as catalytic converter thefts surge by over 100%
The AA’s president says ’modern cat burglars stealing and selling cats for cash are part of a criminal chain’ following the insurer experiencing a rise back in April
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NewsSuez Canal Authority claim hearing potentially adjourned after ‘long and arduous’ negotiations
The ship’s indemnity insurer is hoping to “take the necessary time to reach a final and amicable solution that satisfies all parties”
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NewsCovid erodes macroeconomic resilience - Swiss Re
Insurance resilience is lowest for natural catastrophes, with the protection gap growing to a record $1.4 trillion
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NewsFlock partners with Asia’s largest insurer to reinvent commercial fleet insurance
The insurtech’s chief executive says insurers of the future ‘won’t simply pay claims’, they will actively reduce risk
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NewsCovéa Insurance and Vitality incentivise better driving with new car insurance offering
The product will incentivise and reward good driving, as well as green choices made by motorists
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NewsFlooding is ‘greatest natural disaster’ risk in UK – Flood Re and ABI
In a joint report, the ABI and Flood Re underline the importance of maintaining flood defences
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NewsPeach Pi and insurtech join forces for bespoke freelancer and micro SME cover
The insurtech approached Peach Pi about the solution as the niche insurer has a ’real understanding’ of the health and wellbeing sector
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NewsRSA hasn’t ‘missed a beat in terms of service’ to brokers, but survey results differ
Chief executive for UK and international admits that the insurer needs ‘to keep pushing ourselves to do a better job for brokers’
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NewsAdmiral announces new independent non-exec director
The new appointment has experience within the US motor market
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NewsSaga appoints chief exec of insurance from Tesco Underwriting
The new hire, who also acted as chief insurance officer at Tesco Bank, has more than 30 years of industry experience
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NewsLack of cover leaves SMEs exposed to cyber attacks – Aviva
Over three-quarters of businesses do not have any cyber insurance cover in place, despite escalating digitisation
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NewsAXA France offers €300m BI settlement to 15,000 restaurant clients
Settlement offers are expected to be available between 21 June and 20 September 2021
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NewsCrash for cash scams still ‘a strategic priority’ as lockdown offers organised fraud opportunity
Crash for cash fraud is ‘still alive and well’ despite the Covid-19 pandemic meaning Brits are driving less, said expert industry panel
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NewsRSA pays over £80m for UK Covid claims to date
The insurer’s chief executive for UK and international admits that ‘perfect information’ is not needed ‘to make part payments’
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NewsCovéa Insurance deploys leak detecting tool for HNW clients
The reinvigorated 2017 partnership will ‘make strides’ in ensuring home water leaks are ‘a thing of the past’
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NewsArch Insurance reveals new leadership promotions
The career moves form part of the company’s long-term succession planning
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NewsLloyd’s to develop underwriting room future vision for post-pandemic working
Lloyd’s boss believes that this year, the marketplace offers a ’once-in-a-generation opportunity’
