Insurer News – Page 160
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NewsPost-lockdown theft claims see 171% surge over summer months – Urban Jungle
The home insurance provider has therefore provided seven top tips to curb criminals
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NewsSaga scoops new pricing director from Willis Towers Watson
The new hire will be responsible for driving Saga’s strategy forward
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NewsZurich teams up with Toronto-based cyber insurtech
Zurich will be participating in the insurtech’s series A funding round
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NewsBeazley promotes new group head of strategy
The candidate will help to drive the insurer’s ’future strategy and direction’
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NewsZurich inks five-year £105m deal with specialist underwriter
The deal further strengthens Zurich’s strategic relationship with Ardonagh
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NewsAviva boosts executive committee with two promotions
The appointments are ‘richly deserved and reflect the depth of talent’ at the group, says Aviva top boss
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NewsAxa UK appoints commercial lines chief underwriting officer from WTW
The new hire is replacing David Williams, who plans to move into non-executive roles
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NewsNationwide withdraws free European travel insurance for FlexAccount holders
The building society will continue working with Direct Line Group on travel insurance policies for other types of current accounts
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NewsCyclist alleges Aviva is dawdling with claims payment – despite driver admitting liability
The insurer has promised to ‘conclude this matter as quickly as possible’ as claimant reveals exhaustion at lengthy delays and frustration that ‘no one in this process seems to give a toss’
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NewsMGAs strive for sustainability while making ‘brave new steps into areas they’ve not been in before’
Broking boss believes that MGAs can help brokers ’win new business’
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NewsLloyd’s sets target for a third of the market’s new hires to come from ethnic minority backgrounds
The market plans to mandate the collection of ethnicity data and promises to publish its ethnicity pay gap annually
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NewsPool Re scoops former economic secretary to the Treasury as non-executive chair
The board is ‘vital in stimulating further innovative thinking’ during a changing terrorism landscape, says top boss
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NewsAxa UK appoints new distribution and trading director for commercial arm
The new hire is ‘looking forward to working with key broker partners to understand how we can deliver value for them and our mutual customers’
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NewsZurich signs five-year capacity deal with specialist motor MGA
The new partnership aligns with the insurer’s wider retail growth strategy
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NewsUK executives most concerned about technology disruption risks in 2021 – Beazley
Beazley’s global head of cyber and technology says collaboration and communication between the broker, insurer and customer is more important than ever
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NewsLloyd’s of London ‘won’t tolerate loss-making syndicates’
‘There is not much time left over’ for the market’s MGAs to ’remediate unprofitable syndicates’, says chief financial officer
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NewsMarkel opens Paris branch to support SMEs in the French market
The new office plans to work closely with a regional network of independent brokers
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NewsMetro Bank partners with Churchill Expert to target SMEs with new insurance products
The SME products mark the bank’s ‘first stepping stone’ into insurance as it plans to launch pet and travel covers later this year
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NewsQBE European Operations bags Collinson Group managing director for newly created role
The new chief customer officer position is ‘at the heart’ of the insurer’s business and customer strategy
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NewsLloyd’s bounces back from 2020 loss with £1.4bn profit before tax for H1 2021
Chief executive Neal notes that the market has produced a ‘strong set of financial results’ despite paying out nearly £10bn in claims – including for Covid-hit customers
