Insurer News – Page 170
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NewsAviva’s Phil Bayles accepts new role at Ardonagh Advisory
Chief executive says Bayles’ appointment ‘feels like the stars aligning’, empowering him to ‘make an indelible mark on our value creation story’
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NewsLV= General Insurance launches new sustainability standard
The standard aims to make its branded bodyshop network more environmentally sustainable by setting carbon neutral targets
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NewsNFU Mutual predicts motor claims surge as lockdown eases
The insurer’s prediction follows last year’s claims trends, where drivers flooded back to the roads after lockdown restrictions eased
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NewsMore diversity competence and awareness in hiring practices could improve inclusivity in insurance
In the African Caribbean Insurance Network’s recent webinar, an expert panel debated how the insurance industry could improve diversity and retention rates in the sector
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NewsTaurus Insurance extends underwriting agreement with ERGO
ERGO’s head of commercial says the partnership has ‘great potential’
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NewsUnderwriting room could remain Lloyd’s focal point, but its role needs redefining – LIIBA
The trade body emphasises that the underwriting room must ’not become the museum of modern insurance’ and that it is essential ’that London remains a critical hub for global insurance business’, despite increased flexible working models
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NewsBought by Many makes US debut
The insurtech has made its debut in the US following its success in Sweden under the brand name ‘Many Pets’
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NewsRSA scoops ex-Aviva boss as new chair amid Intact takeover
After it was confirmed that Scott Egan, RSA’s chief executive will stay on following the Intact deal, RSA has named two new senior recruits
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NewsAviva to sell Polish unit to Allianz for €2.5bn
It is the eighth transaction that Aviva has announced over the past eight months, and concludes the planned refocus of the group’s portfolio
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IT InterviewQ&A: Applying data strategies from motor insurance to home – LexisNexis Risk Solutions
Nick Wilmot, senior manager at LexisNexis Risk Solutions tells Insurance Times about the key challenges in the home insurance market and how strategies used in the motor market can be applied to address them
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NewsLockdown accelerates Aviva’s online trading by 20%
The insurer hopes to continue investing in its direct business, as well as its commercial, broker and bank channels
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NewsPeach Pi reveals its first broker etrade platform
It hopes to better support small community businesses during challenging times, such as the Covid-19 pandemic
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NewsSabre puts drop in GWP down to recurring lockdowns
The insurer believes that it is well positioned as lockdown unwinds
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IT InterviewMarkel UK crowned three-time champion in five-star commercial lines report
Markel UK has received a five-star rating from brokers for three years running in Insurance Times’s Five Star Rating Report: Commercial Lines. The insurer shares the secrets of its success and explains why the pandemic was a key opportunity
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NewsERS reveals $350m capital raise amid plans to branch into specialty reinsurance
The move will see Kevin Kelley join the senior management team at ERS
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NewsRevealed: Two commercial lines insurers awarded five stars each by brokers
The results are in from this year’s Five Star Rating Report: Commercial Lines – which insurers and brokers were ranked as best in their field? Can you guess?
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NewsDirect Line Group recommencing share buyback
The insurer will also be rewarding its staff with shares as a thank you for their resilience
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NewsDirect Line Group gunning to be the ‘insurance company of the future’
In a live video stream this morning with journalists, Direct Line Group’s chief executive Penny James said the insurer hopes to support customers across their entire insurance lifecycle via a fully digital ecosystem
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NewsPaying cyber ransom threats is to ensure customer survival says expert panel
Although a ‘contentious area’, industry leaders said cyber insurers that pay customers’ ransom payments are simply aiming to make ‘sure our customers survive after a particularly unpleasant incident’
