Insurer News – Page 175
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Online onlyWho’s buying motor add-ons? New research reveals all
New research from Consumer Intelligence reveals which motor add-ons are most valued by consumers, and which consumers are most likely to pay for them
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Online onlyRevealed: The property types insurers find hardest to price
Research reveals older properties have the biggest range of premiums
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Online onlyBroker Service Q&A: NIG in transformation phase
With the Insurance Times Broker Service Survey 2019/20 now open, NIG’s commercial managing director Sonya Bryson talks about the five key service areas explored in the survey
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AgendaWatchstone counterclaim accuses Slater & Gordon of using ‘illicit back channel’ in £637m acquisition
Slater & Gordon has since 2017 been claiming against Watchstone to recoup the whole £637m it paid for the group’s professional services division in 2015
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NewsZurich UK CEO focuses on ‘continued acceleration’ after profits soar
Zurich UK GI posts operating profit increase of 144%, with Tulsi Naidu seeing “3 years of hard work paying off”
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NewsOgden hits LV= but operating profit is up by half
£13m Ogden rate hit puts underwriting profit lower than last year but Steve Treloar hails six months of solid growth elsewhere
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NewsAllianz promotes from within for its new head of commercial pricing
From a management trainee scheme in 2004, Allianz’s new head of commercial pricing has worked her way up
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NewsCLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships
The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”
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NewsAmanda Blanc resigns from Zurich
As a result of her resignation, she is also to step down as board chair of the ABI
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IT Interview2019 eTrading Q&A: Transfer of the LV business has been a real success story for Allianz
Insurance Times speaks to Helen Bryant, director of SME & corporate partners at Allianz Insurance on the reaction to the star rating in the Insurance Times 2019 eTrading Survey
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News'Deliver underwriting profit, or risk the loss of capacity' - GRP Underwriting boss
GRP underwiting CEO Clive Nathan speaks to Insurance Times, identifying which MGAs could struggle in the future
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News1.3 million motor policies cancelled last year, a third of all policies written
LexisNexis releases data, allowing brokers to undertstand why policies are being cancelled
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NewsMotor premiums 'at a two-year low' - ABI
The average price of motor insurance has fallen to its lowest since Q1 2017
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NewsCovéa's profit slumps, becoming the latest insurer to hit problems in personal
Commercial lines is the insurer’s saving grace as personal lines bring up disappointing CORs
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Ask the ExpertCyber is a reputational disaster waiting to happen - Mactavish CEO
Mactavish chief executive predicts a world where the reputation of cyber insurance “gets worse” if the placement remains “not good enough”
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Online onlyGallagher completes £268m Stackhouse Poland acquisition
Rumours of the deal had been circling for almost a year and were confirmed in January
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IT InterviewQ&A Zurich Etrading: Data enrichment an undeniable advantage to a broker
Insurance Times speaks to head of retail SME of Zurich, Paul Tombs on the developments of Zurich’s Ztrade broker system, speeding up the referral process and the “bright” future of etrading
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IT InterviewQ&A: Putting customers first lands Covéa top broker rating
Insurance Times speaks to Covéa Insurance’s director of personal lines distribution and underwriting, Sue Coffey and its head of high net worth (HNW) and operational governance Sara Simmons about its Five Star rating awarded by brokers
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Five star ratings reportQ&A: Lorega on 'how we won five stars'
Insurance Times’ Savan Shah speaks to group managing director, Neill Johnstone on the results the MGA achieved in the new Five Star Ratings Report, addressing broker concerns and a look to the future of Lorega
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NewsLV= to vote on changed company status as pre-tax profit falls by 84%
LV= says it will also complete the transaction of personal lines business from Allianz in May
