Insurer News – Page 158
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NewsJohn Lewis pulls home insurance advert after FCA calls it ‘potentially misleading’
The retailer will be contacting all customers that bought the product while the advert aired to ensure there is no confusion
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NewsLloyd’s of London joins Net-Zero Insurance Alliance to help curb climate change
Industry collaboration will be vital in ‘turning commitment into implementation and achieving real world outcomes - we have no time to lose’, says climate action champion
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NewsInsurance firm launches legal expenses product for foster carers
Between 2019 and 2020, there were almost 2,500 complaints made against foster carers, of which 63% were made by fostered children against their own carers, says business development lead
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NewsBroker CEO Forum: Aviva needs to keep brokers ‘sweet’ following business disposals
Industry thought leaders believe the insurer has been ‘a huge disappointment for shareholders over the years’
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NewsAviva appoints former RSA independent director as new non-exec director
The insurer’s chair says the appointment is ‘a valuable addition’ to the board
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NewsNew OIC data reveals only 1% of claims settled
The insurance industry largely welcomes the new Online Injury Claim portal, but it is still early days as the data reveals that 4,331 claimants are unrepresented
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NewsQBE appoints executive director for UK business
The internal appointment succeeds Cécile Fresneau, who was promoted earlier this year
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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NewsAxa Partners UK and Ireland enters long-term deal with train shuttle service
The insurer plans to help the travel service ’strengthen the product offering and value that is added during the customer journey’
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NewsBrokerFest 2021: Broker networks ‘oversell’ their value - Trident Insurance
Brokers can remain independent from merging with big conglomerates if they remember what they are good at, says broker director
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NewsDomestic and General awards interim chief financial officer permanent role
The candidate is the ‘ideal person’ to progress the company’s finance agenda, says chief exec
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NewsHB Underwriting partners with insurtech to launch tenants’ contents product
The cover aims to close the insurance accessibility gap for social and affordable housing tenants
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
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NewsBeazley receives in principle approval to establish ESG-centric syndicate
The syndicate will offer additional capacity to businesses performing well against ESG metrics
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NewsAllianz Insurance launches sustainable procurement charter
Working to combat climate change, the initiative will ‘help develop a shared mindset’ between the insurer and its supplier partners
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NewsCanopius Group appoints chief operating officer from WTW
The new hire is ‘hugely experienced across the gamut of global (re)insurance’, says deputy chief executive
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News AnalysisBrokerFest 2021: Challenges in etrading offer opportunities for data enrichment
An expert panel at Insurance Times’ BrokerFest 2021 conference earlier this week debated the challenges in the etrading landscape and how technology could provide a solution
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NewsSabre suffers drop in GWP due to Covid-19 and FCA pricing reform
Profit before tax for 2021 is expected to be below the range of analysts’ forecasts
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NewsInsurance Task Force reveals new Sustainable Products and Services Showcase
Task force members have developed a set of proposals to put before governments and regulators, aiming to combat climate change
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NewsInsurtech reveals new RSA-backed tradespeople insurance product
The product caters to the UK’s tradespeople market, aiming to reduce administration times and speed up claims
