Insurer News – Page 150
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News
RSA improves underwriting profit by 33% for 2020 H1
The insurer added within its H1 trading results that although ‘business interruption coverages are not expected to be eligible for Covid-19 claims, there are a number of areas where claims are being paid’
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IT Interview
Etrading Q&A: Insurers need to up their game on the risks available via etrading says Allianz
Allianz’s digital trading manager says speed of delivery is a key area of improvement within etrading, but insurers also need to meet the demand to write more complex risks digitally
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IT Interview
Etrading Q&A: Insurers need to make it easier for brokers to get a fair representation of risk via etrade says NIG
Five star insurer NIG tells Insurance Times how it is using insights from our latest etrading report to tailor its proposition for brokers
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News
Sabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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News
Insurtech steps in to ease financial burden on freelancers caused by Covid-19
It follows the increasing pressure put on freelancers during the coronavirus outbreak
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News
Aviva reports £133m dip in UK GI operating profit
Global profits have boosted since Maurice Tulloch became chief executive last March, but UK figures fall following the alignment of Aviva’s digital and general insurance divisions
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IT Interview
Etrading Q&A: etrade must have a ‘wide risk appetite’ says Covéa’s O’Callaghan
Insurance Times speaks to Covéa’s broker development manager about what brokers want from etrade
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Chubb and Covéa do it again: Insurers top broker service Five-Star Survey
Rated by brokers across the UK, these two insurers were awarded five stars as Insurance Times launches the new personal lines insurer rating service
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IT Interview
Etrading Q&A: NIG achieves 94% customer satisfaction score for 2019
Insurance Times speaks to NIG’s etrade business manager Nick Makin on the five service factors that are being explored in this year’s etrading survey
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IT Interview
Etrading Q&A: QBE improves quote functionality to aid brokers buying cyber insurance
Insurance Times speaks to QBE’s etrade development manager, Corinne Pringle, on the latest developments in the QBE FastFlow extranet platform
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News
IFB appoints RSA chief claims officer as new chair
Karl Helgesen replaces Rob Townend with immediate effect
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News
BMS strategy shake-up sees top 50 broker target corporate market
The specialist broker has also appointed a new managing director for the division - the latest hire in the firm’s bid for expansion
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News
Zurich aims to reduce rehabilitation time for life-changing PI claims
The insurer believes its new claims solution can reduce rehabilitation time for amputees by about eight months
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Motor market set for underwriting losses as soft market hits hard
EY predicts a 2019 combined operating ratio of 105.7%
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Who’s buying motor add-ons? New research reveals all
New research from Consumer Intelligence reveals which motor add-ons are most valued by consumers, and which consumers are most likely to pay for them
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Revealed: The property types insurers find hardest to price
Research reveals older properties have the biggest range of premiums
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Broker Service Q&A: NIG in transformation phase
With the Insurance Times Broker Service Survey 2019/20 now open, NIG’s commercial managing director Sonya Bryson talks about the five key service areas explored in the survey
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Agenda
Watchstone counterclaim accuses Slater & Gordon of using ‘illicit back channel’ in £637m acquisition
Slater & Gordon has since 2017 been claiming against Watchstone to recoup the whole £637m it paid for the group’s professional services division in 2015
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News
Zurich UK CEO focuses on ‘continued acceleration’ after profits soar
Zurich UK GI posts operating profit increase of 144%, with Tulsi Naidu seeing “3 years of hard work paying off”
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News
Ogden hits LV= but operating profit is up by half
£13m Ogden rate hit puts underwriting profit lower than last year but Steve Treloar hails six months of solid growth elsewhere