Insurer News – Page 27
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NewsThe biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 22 to 25 April 2025
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NewsAxa board intends to reappoint Buberl as chief executive
’I would like to thank the board of directors for the trust they have placed in me,’ says chief executive
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NewsAviva leader to take on chief executive role at Probitas 1492
’Over the last decade, Bathia has built an incredibly successful Lloyd’s franchise and paved the way for Aviva’s entry to the Lloyd’s market,’ says chief executive
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NewsCowbell targets £902bn UK tech sector with cyber and PI launch
‘Our experienced team of underwriters are looking forward to deepening relationships with brokers and further developing our digital distribution capabilities to better serve the UK market,’ says vice-president
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NewsTwo Allianz leaders to depart after insurer merges claims teams
’We thank them both for their outstanding contributions at Allianz,’ says spokesperson
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NewsFormer EY boss joins Oxbow to expand its UK&I general insurance practice
’It’s exciting to be joining the team at a time when the market is evolving,’ says appointee
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NewsMotorist’s £1.2m fake injury claim costs him over £100,000
’This case highlights the importance of thorough investigation and the need to hold claimants accountable for fundamentally dishonest claims,’ says head
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NewsFY 2024 financials prove Covéa ‘made the right decision’ with strategy focuses – Georges de Macedo
Although chief executive ‘will not say that our profit is exceptional in absolute terms’ for last year, the insurer’s journey into profitability demonstrates that five pillar strategy is yielding results
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NewsPartnership launches major new drone and Evtol insurance facility
‘We’re also excited because the facility provides the opportunity to support the rapidly expanding field of drone passenger services, or Evtol ’, says founder and managing director
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NewsChief executive at P&I insurer to resign at end of 2025
’The time is right for me to move to my next professional stage in life,’ says chief executive
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NewsEcclesiastical to open new Glasgow office after surge in Scottish business
’We want to grow the business further and be the first choice for Scottish brokers in our target markets,’ says intermediary managing director
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NewsAdmiral agrees to sell US motor business to private investment firm
Leader says the insurer has made the move as it looks to focus on delivering ’long-term sustainable growth in our businesses in the UK and mainland Europe’
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NewsAxa warns of ‘unusually high spike’ in crime at empty commercial premises
’It’s concerning to see a rise in criminal activity at vacant sites, both in terms of the number of premises being targeted and the level of violence involved,’ says director
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NewsAllianz UK expands personal lines retail leadership team with senior hire
’She brings a vast amount of energy, experience and drive to the job,’ says managing director
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NewsIndustry warned of looming insurance leadership crisis after M&A surge
’Whether leaders leave for new jobs, or leave the sector altogether, they will take with them years of experience, in some cases decades,’ says chief executive
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NewsAI usage in insurance is an ‘evolution, not revolution’ – Hiscox
Insurer’s head of technology emphasises that AI is ’a tool to enhance existing practices’, rather than act as a replacement for current people and processes
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NewsCovéa Insurance plans to re-enter EV insurance market in 2025
The underwriter first pulled back from insuring fully electric vehicles as part of its relationship with retailer John Lewis in 2023 after getting cold feet about repair costs
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NewsUK insurtech raises $90m in latest funding round
‘Our ambition is to become a one-stop-financial-shop for newcomers, so they feel as though it’s easy to move to, and live in, a different country,’ says co-founder
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NewsCovéa collaborates with brokers on data sharing and risk management – Georges de Macedo
Chief executive emphasises that ‘good relationships with brokers’ is ‘very important’ for the insurer
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NewsMiddle discusses how Ageas will take on Aviva and DLG with Esure
’The fundamentals of the market are such that you can make money if you operate and focus in the right way,’ says chief executive
