Insurer News – Page 26
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Marsh-owned business snaps up ex-WTW leader as new London base established
’His extensive experience in the UK and European markets will be vital,’ says practice leader
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MGA secures QBE seed funding for ‘algorithmic trading proposition’
Both firms believe algorithmic trading presents opportunities for growth in the future of insurance
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Allianz issues update on long running BI lawsuit
’We are pleased that the ongoing collaboration has now enabled final resolution of this claim,’ says director
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IT Awards 2024
Insurance Times Awards 2024: Business Partner of the Year finalists announced
Eight firms are competing to win the Business Partner of the Year award at this year’s Insurance Times Awards
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Gallagher leader warns cyber is still an emerging risk
’Cyber still is not where we want it to be in the risk agenda,’ says head
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LSM appoints new head of third party claims
’At Liberty, we’ve been investing in claims talent over many years,’ says head of claims
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IT Awards 2024
Insurance Times Awards 2024: Sedgwick touts ‘win-win’ business partnership with QBE
Adam Bayliss, resource solutions director at Sedgwick, talks about the firm’s partnership with QBE for the Business Partner of the Year award
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Insurers ‘too quick’ to exclude emerging risks
’They are too quick to simply exclude these emerging risks,’ says chief executive
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UK home insurers sitting in the red – and further losses are expected
’2024 will ultimately be another difficult year for both firms and for customers,’ warns insurance leader
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Recently rebranded MGA announces new c-suite
’Working with such an established company and a new team is exciting,’ says appointee
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Carriers issued technology warning as DA business becomes more popular
’With a more challenging market environment on the horizon, the time is ripe for carriers to turn their attention to DA,’ says report
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Premium finance costs revealed as FCA begins probe
The FCA said it would review whether motor and home insurance customers using the product were getting competitive deals
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 14 to 18 October 2024
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Top seven insurers in UKGI revealed
’It is fantastic to see these companies delivering excellent results,’ says co-founder
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SNP urges Labour government to ‘get a grip on the costs’ of motor insurance
’Inflation might be easing, but the crippling costs of car insurance are only getting worse,’ says party’s economy spokesperson
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Insurer warns UK businesses that austerity is on the cards as debt threat drives decisions
‘UK public finances are weak and fiscal policy will start to tighten again from 2026,’ predicts senior economist
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New MGA to launch with A- rated capacity and insurance veteran as leader
The firm is also backed by Mission Underwriters
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Backchat: October 2024
A new restaurant opening, a conference with a twist and something for all pet lovers – what has the insurance industry been up to of late? You heard it here first…
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FCA probing another insurance product due to fair value concerns
It comes after the regulator warned that it could repeat the action it took with the Gap market in other sectors