Insurer News – Page 177
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Breaking NewsEsure accepts £1.2bn Bain Capital takeover bid
Chairman Sir Peter Wood will remain as chairman of Esure, he is the company’s largest shareholder
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NewsIGI turns to insurtech for new senior appointment
James Green joins IGI from Novae, an insurtech disruptor acquired by insurer Axis Capital last year for £468m
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NewsLexisNexis launches pre-fill platform to speed up home applications
LexisNexis Home Prefill addresses a thorn in the home business’ side as it speeds up the underwriting process
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News'Call out the rogues, it is your future,' Chilton warns MGAs
During his morning keynote speech at the MGAA conference in London, Graham Chilton urged MGAs to call out those who are making life difficult for others
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NewsLloyd's launches 'matching platform' for insurers and underwriters
Lloyd’s Bridge, designed to connect insurers and Lloyd’s underwriters easily, has been launched in the UK, Australia and New Zealand
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NewsConcerned FCA to redirect travel insurance customers to specialists
FCA is concerned that consumers with pre-existing conditions find it difficult to access the specialist travel insurance market
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NewsIUA publishes Brexit continuity clause
The clause aims at helping companies manage insurance contracts as the UK leaves the EU
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NewsSpeeding convictions can add over £100 to premiums
Consumer Intelligence shows that being caught speeding can drastically increase annual premiums
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NewsKPMG fined £3.2m for Quindell audit
KPMG fined £3.2m for its failings during the audit of Quindell
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NewsXL Catlin launches terror cover for fleets
XL Catlin launches cover for vehicle fleets which could be used in a terror attack
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NewsRise in telematics complaints down to ‘sub-standard’ market entrants – Mike Brockman
Telematics has suffered from a rise in complaints to the Financial Ombudsman Service (FOS) over fairness
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NewsCatastrophes make 2017 the costliest year for global specialty insurance
ROC and major claims take a hit as catastrophes make 2017 the costliest year for specialty insurance
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NewsUnrated Alpha demise spells opportunity for tech-driven rideshare MGA
Unrated Alpha’s failure left commercial drivers in limbo. INSHUR is betting it can woo UK drivers with a slick app and customer know-how.
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NewsQBE’s Belgian subsidiary granted regulatory approval
QBE Europe will begin underwriting business from Q4 2018
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NewsLV= Broker starts Allianz transition with three senior appointments
LV= Broker appoints three new senior members, including Allianz’s personal lines motor manager
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NewsLemonade seeking to scrap traditional insurance policies
US insurtech darling Lemonade is looking to build a ‘Policy 2.0’, and is seeking outsider help to do it
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NewsXL Catlin launches two products and extends global M&A insurance capacity
In a busy week for the global insurer, XL Catlin announces two new products and an increase in its M&A insurance capacity
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NewsBiba and CFC launch cyber insurance guide
The cyber insurance guide, launched at the Biba Conference 2018, is aimed at helping brokers understand and mitigate cyber risks
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NewsUnrated insurer Alpha collapse puts 'thousands' of UK homeowners at risk
New build homeowners in the UK could be unaware that they are missing critical structural defects insurance after Alpha’s collapse
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NewsAXA deal integration leads to departures at XL
Group also outlines plans to heighten focus on data and analytics in SEC filing, as reported by sister title Global Reinsurance
