Insurer News – Page 174
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NewsEcclesiastical recommends preventative measures after gang sentenced for church metal thefts worth £2m
The gang of four men swiped lead from more than 20 churches over a two-year period
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News AnalysisCovid-19 pandemic sees more insurers exit financial failure insurance
As of January 2021, policyholders will not be able to renew financial failure insurance to comply with Package Travel Regulations, meaning they cannot trade. Insurance Times explores options for these customers and what brokers can do to help
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NewsPen Underwriting strikes capacity deal with Zurich for hazardous goods and tanker transportation
The five-year deal will see Zurich provide capacity for £165m worth of premiums
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NewsEngagement in the FCA’s BI court process ‘a good thing for the industry’ says Ageas claims boss
The insurer’s claims director believes the insurance sector has taken a ‘collaborative approach’ to dealing with the BI claim fallout arising from the coronavirus pandemic lockdowns
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NewsAXA to sell Greek operations for €165m
The move forms part of the business’s simplification strategy
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NewsCovid-19 pandemic impacts AXA’s underlying earnings
Despite the Covid-19 pandemic AXA said its “well positioned” as a group and remains resilient in these challenging circumstances
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NewsRSA improves underwriting profit by 33% for 2020 H1
The insurer added within its H1 trading results that although ‘business interruption coverages are not expected to be eligible for Covid-19 claims, there are a number of areas where claims are being paid’
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IT InterviewEtrading Q&A: Insurers need to up their game on the risks available via etrading says Allianz
Allianz’s digital trading manager says speed of delivery is a key area of improvement within etrading, but insurers also need to meet the demand to write more complex risks digitally
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IT InterviewEtrading Q&A: Insurers need to make it easier for brokers to get a fair representation of risk via etrade says NIG
Five star insurer NIG tells Insurance Times how it is using insights from our latest etrading report to tailor its proposition for brokers
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NewsSabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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NewsInsurtech steps in to ease financial burden on freelancers caused by Covid-19
It follows the increasing pressure put on freelancers during the coronavirus outbreak
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NewsAviva reports £133m dip in UK GI operating profit
Global profits have boosted since Maurice Tulloch became chief executive last March, but UK figures fall following the alignment of Aviva’s digital and general insurance divisions
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IT InterviewEtrading Q&A: etrade must have a ‘wide risk appetite’ says Covéa’s O’Callaghan
Insurance Times speaks to Covéa’s broker development manager about what brokers want from etrade
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Online onlyChubb and Covéa do it again: Insurers top broker service Five-Star Survey
Rated by brokers across the UK, these two insurers were awarded five stars as Insurance Times launches the new personal lines insurer rating service
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IT InterviewEtrading Q&A: NIG achieves 94% customer satisfaction score for 2019
Insurance Times speaks to NIG’s etrade business manager Nick Makin on the five service factors that are being explored in this year’s etrading survey
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IT InterviewEtrading Q&A: QBE improves quote functionality to aid brokers buying cyber insurance
Insurance Times speaks to QBE’s etrade development manager, Corinne Pringle, on the latest developments in the QBE FastFlow extranet platform
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NewsIFB appoints RSA chief claims officer as new chair
Karl Helgesen replaces Rob Townend with immediate effect
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NewsBMS strategy shake-up sees top 50 broker target corporate market
The specialist broker has also appointed a new managing director for the division - the latest hire in the firm’s bid for expansion
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NewsZurich aims to reduce rehabilitation time for life-changing PI claims
The insurer believes its new claims solution can reduce rehabilitation time for amputees by about eight months
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Online onlyMotor market set for underwriting losses as soft market hits hard
EY predicts a 2019 combined operating ratio of 105.7%
