Insurer News – Page 145
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NewsJust Travel Cover buys London-based travel insurance scheme specialist from insurtech
Existing partnership moves to ‘the next level’ as part of ‘wider company growth strategy’
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NewsBeazley warns of ‘increasingly complex’ cyber risks
It is essential that organisations understand cyber threats and resulting vulnerabilities, says global head of cyber services
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NewsFlood Re reports £46m in GWP for 12 months to March 2022
The government-backed scheme hopes to build on the success of its ’Build Back Better’ initiative in the coming year
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NewsMusic streaming giants’ success is cautionary tale for Future at Lloyd’s – Altus
’Proper playbooks’ are needed to help Lloyd’s regain competitive edge
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NewsComing months will pose ‘further challenges’ for the insurance sector – GlobalData
Global public insurance firms saw a “revival” in revenue in 2021 that almost hit pre-pandemic levels
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NewsFraudulent car insurance fronting grows by 170% between March and May 2022 - LV= GI
To avoid any legal trouble, brokers should help parents understand how to reduce their children’s motor premiums
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NewsAxa Partners reveals multimillion-pound partnership extension with underwriting agency
The underwriting agency’s managing director says that Axa Partners shares its ’key value of putting customers at the heart of everything’
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News‘There will always be a need for insurance’ – Lloyd’s boss John Neal
The insurance industry provides ’a framework for bouncing back’, as risk can never completely be eliminated and ’we cannot just look to politicians for answers’
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NewsBrokers want more support from insurers when handling complex claims – Allianz
When brokers and insurers work together to handle claims, communication via email is one broker bugbear that insurers should be aware of
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NewsMGA Coalition strikes long-term capacity deal with Allianz
Too many organisations ’simply aren’t prepared’ for cyber risks, says Coalition’s head of insurance
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NewsAxa UK’s chairman steps down
The insurer will be left in ‘good hands’ when the newly selected appointee takes over, however
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NewsIndustry opportunities arise from growing state sponsored cyber attacks – Lloyd’s of London
The insurance industry has an opportunity to develop ’affirmative physical damage offerings’
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News‘Incumbent’ that brokers and insurers work together to combat underinsurance – Allianz
Industry has ‘a huge responsibility’ to mitigate inflation-driven underinsurance and ensure that certain risks do not ‘become uninsurable’, says chief executive
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NewsCeta launches new notional home insurance product
Notional home cover may be more suited to homeowners in the current inflationary environment
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NewsCII names top technological trends in claims
Small claims are likely to be automated but this could impact customer satisfaction scores
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NewsZurich Municipal and Previsico ink deal to boost UK public sector flood resilience
Surface flood water makes up nearly 60% of UK flood risk, but is not currently covered by Environment Agency warnings
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NewsTara Foley: Reimagining the future of insurance to be ‘personalised’
Axa Retail chief executive discusses the opportunities around data and the direction of future insurance policies
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News‘Fundamental gaps’ exist in insurance for systemic risks – BrokerFest 2022
Segmenting and compartmentalising cover could present a solution, however
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NewsAxa Retail boss relays future success strategy – BrokerFest2022
There is much to be learned from big tech players like Google and Amazon, she says
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NewsBruce Carnegie-Brown named Lloyd’s of London chairman for another term
’There remains a great deal’ to do across the market, he says
