Insurer News – Page 142
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NewsRSA outlines product growth ambitions following Intact/Tryg takeover
The insurer wants to be ‘a more dominant force’ within the SME market, according to its UK and international chief executive
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NewsAA provides electric vehicle cover to address motorists' top concerns
By providing whole life assistance to drivers, AA aims to provide ‘power and confidence to electric motoring’
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NewsSimply Business partners with RSA to launch SME shop insurance
Supporting small businesses will be ‘crucial’ in the industry’s ‘collective recovery’
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News‘Futuristic’ CFC syndicate will have ‘key role’ in Lloyd’s market
Lloyd’s boss John Neal deems CFC a ’frontrunner in cyber products’
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NewsERS scoops ex-Deloitte UK director as new chief actuary
The insurer’s chief executive says the new hire will help the firm deliver its expansion strategy
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NewsBackchat June 2021
Crash for cash gang hotspots, charitable insurers and the insurance product people complained about most over lockdown. What has the insurance industry been up to this month? You heard it here first…
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News Analysis'Unified action' needed to address challenges in professional indemnity insurance
An expert panel at Biba’s annual conference last month debates the ongoing challenges in professional indemnity insurance and what changes should be made
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NewsEuler Hermes appoints UK and Ireland chief executive
The internal candidate will be the first woman to lead this part of the business
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NewsFormer AXA XL duo to launch speciality insurance cell
The new Guernsey-based business aims to ‘take advantage of current market conditions’
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NewsLV=GI reveals car claims climb as lockdown restrictions ease
The insurer believes the uptick is connected to the easing of lockdown restrictions
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NewsAviva sued for alleged loss of income after Covid office closure
The law firm claims that Aviva owes them money for loss of income due to the Covid-19 pandemic
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NewsAviva uncovers escalating GI fraud by organised gangs and chancers
Insurance claims tainted with fraud amounted to more than £113m last year
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NewsQ&A: Travelers weigh in on building successful scheme partnerships
Jonathan Forster, Travelers SME distribution director tells Insurance Times about the value of schemes partnerships for brokers and insurers
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NewsFirst Central Group announces chief financial officer succession
The new CFO has previously worked for Direct Line Group, Quilter and PWC, to name a few
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NewsIntact and Tryg complete cash acquisition of RSA
The transaction ‘has delivered attractive, certain value for our shareholders’ says RSA chairman, as Intact promises to ‘build on the well-recognised RSA brands and scale in home and commercial lines’
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NewsThe FCA’s pricing policy changes could be ‘profound’
Abolishing ‘unethical price walking’ could encourage insurers to find ‘more innovative ways’ to ‘rip off’ customers
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NewsCNA Hardy allegedly paid $40m to ransomware attackers
The firm said in a statement that the investigation is ongoing, but it has shared some information regarding the ransomware attack in March
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NewsTemporary trade credit reinsurance scheme to close
Outgoing ABI director general says the scheme is an ‘excellent example’ of how the government and the insurance industry can work together
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NewsAviva’s Q1 COR in GI improves to 90.8% for 2021
Alongside GI GWP improvements, selling eight non-core businesses outside of the UK, Ireland and Canada will generate cash proceeds of £7.5bn for Aviva, says Blanc
