Insurer News – Page 152
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NewsDirect Line profit falls amid rising claims costs
The company’s operating profit fell by 6.4% year on year to £601.7m in the year ending 31 December 2018
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NewsAXA Partners enters mobile phone insurance market
It follows AXA Partners ongoing plans for expansion into new markets
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Online onlyRSA hikes UK personal lines motor rates and slashes premium
RSA hiked UK personal motor rates 10% as management look to stem the problems coming from that area of the business. The hikes in 2018, which come at a time of a declining UK rates, meant RSA UK personal motor arm premium was down 16%. Net premiums fell to £254m ...
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NewsECIC launches specialist legal expenses product
Fears of increasing legal disputes have arisen surrounding the uncertainty of Brexit and the collapse of Carillion
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NewsCar premiums highest in a year, says Confused.com
Confused.com warns that the speed of price-rises is increasing, and the worst could be “yet to come”
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NewsPIB merges three businesses to open underwriting division
aQmen Underwriting Services, TFP Schemes and Thistle Underwriting Services have been combined to create the new business
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NewsCFC expands cyber offering to include business disruption
The new cover will include business interruption, as it says cyber insurance is ”about much more than a data breach”
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NewsLloyd's announces CEO for Brussels branch
The new CEO will also be regional director for EMEA when she takes her position in February
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NewsWhat hazards do consumers bring to their homes during Christmas?
Less than a week before the big day, Zurich warns us of the dangers of the festive season
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News AnalysisRSA appoints legal expenses insurance supplier
RSA will continue to underwrite the products, with the new partner providing claims and solicitor management services
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NewsCyber Insight 2018: In conversation with... Cliff White, head of cyber insurance at MUM
The second of a series of nine articles ahead of Cyber Insight 2018, Cliff White, head of cyber at Manchester Underwriting Management (MUM) talks the future of specialty insurance with Ekaterina Dimitrova
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NewsZurich launches 'globally-consistent' cyber policy
New coverages for GDPR, reputational risks and pre-breach services available from Zurich’s new offering
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NewsRSA launches cyber product for global businesses
RSA extends cyber cover to include large, global businesses
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NewsZurich's Pickford promoted to UK CFO
Her appointment means three major executive roles in Zurich’s UK business are now held by women
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Breaking NewsEsure accepts £1.2bn Bain Capital takeover bid
Chairman Sir Peter Wood will remain as chairman of Esure, he is the company’s largest shareholder
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NewsIGI turns to insurtech for new senior appointment
James Green joins IGI from Novae, an insurtech disruptor acquired by insurer Axis Capital last year for £468m
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NewsLexisNexis launches pre-fill platform to speed up home applications
LexisNexis Home Prefill addresses a thorn in the home business’ side as it speeds up the underwriting process
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News'Call out the rogues, it is your future,' Chilton warns MGAs
During his morning keynote speech at the MGAA conference in London, Graham Chilton urged MGAs to call out those who are making life difficult for others
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NewsLloyd's launches 'matching platform' for insurers and underwriters
Lloyd’s Bridge, designed to connect insurers and Lloyd’s underwriters easily, has been launched in the UK, Australia and New Zealand
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NewsConcerned FCA to redirect travel insurance customers to specialists
FCA is concerned that consumers with pre-existing conditions find it difficult to access the specialist travel insurance market
