Insurer News – Page 152
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NewsAxa UK and Ireland acquires renewal rights to Ageas UK’s commercial business
The deal aims to ‘further cement’ Axa’s commitment to the SME and schemes market segments, says chief executive
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NewsBrokers are ‘more relevant than ever’ post-pandemic
Self-service platforms are applicable ’at different points of the buying cycle for different types of brokers,’ says software company chief revenue officer
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NewsCurbing etrading referral delays requires brokers to understand insurers’ risk appetite
Live chat facilities and developing new capabilities in broker management systems will also help relieve referral build up
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NewsHigh Court still to determine damages following Marshmallow and Mulsanne judgment
The judge ruled that ’Marshmallow was conscientiously trying to avoid the use of Mulsanne material’ despite insurer’s trade secret theft claim
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NewsBeazley partners with Lloyd’s Lab alumni on IVF insurance proposition
Beazley believes the product is ’unique’ and will ’change the status quo’
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NewsBeazley targets cyber book growth in 2022 following increased customer demand
Chief executive also celebrates insurer’s ‘largest profits in history’ following Covid-dented 2020
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News‘Gold dust’ data must be used to inform decision-making and tackle underinsurance
Webinar panellists discuss how data from broker management systems can be put to best use
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NewsBrit Insurance remains ‘optimistic’ after 2021 full year profit of $247.1m
The insurer has confidence ’that it is well placed to respond to the opportunities and challenges ahead’
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NewsLancashire Holdings suffers financial loss in 2021 driven by natural catastrophe events
Despite having a poor year for returns, the group reached record breaking levels of gross written premium after investing in expanding its portfolio
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NewsBeazley improves combined operating ratio by 16% in 2021 following pandemic recovery
Rate improvements in the cyber market and lower natural catastrophe losses have contributed to the business’ profit
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NewsZurich UK returns to pre-pandemic level with £450m operating profit
The insurer has paid £2bn in claims across all UK business areas
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NewsAviva strengthens net zero commitments with renewable energy insurance portfolio growth
The insurer aims to be a top three renewable energy insurer in the London market
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NewsAdmiral named best Gibraltar-based insurer for second year running – Insurance DataLab
The insurer’s ‘market-leading COR’ exceeded the performance of the largest UK underwriters in 2021, says data insight firm
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NewsWhich three insurers have been awarded five stars by brokers in the 2022 Insurance Times Personal Lines Survey?
The Insurance Times Five Star ratings for personal lines have just been unveiled, with three insurers being awarded the full five stars by brokers
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NewsAviva backs Online Safety Bill amendment to stamp out illegal content
Ofcom will now be able to issue fines to websites that do not comply with the bill’s measures
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NewsShed and outbuilding home office thefts up 43% as lockdown eases – LV=GI
November and December 2021 saw the highest numbers of burglary-related claims, reported the insurer
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NewsCampaigners call out insurers investing $7.9bn in North Sea oil and gas companies
Removing support for oil and gas production ‘needs to accelerate beyond the current baby steps’, says climate campaigner
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NewsLloyd’s to tap marketplace collaboration to make Blueprint Two reality
A feedback loop from the marketplace will be used by Lloyd’s to ensure a smooth and effective digitisation journey
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NewsBackchat January/February 2022
Flying sheep, the Great Train Robbery, new babies and Tinder dates. What has the insurance industry been up to of late? You heard it here first…
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NewsInsurance Fraud Bureau appoints Axa veteran as new non-exec director
The new non-executive director’s ‘expertise will prove invaluable’ as the organisation shapes its strategic direction, says IFB director
