Insurer News – Page 37
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NewsThe biggest insurance industry deals from this week
Insurance Times rounds up the biggest mergers, acquisitions, sales and capacity deals from 5 to 9 August 2024
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NewsFCA to boost headcount in Leeds
’This further expansion is testament to the success of our Leeds office,’ says chief executive
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NewsInsurance group establishes new broker management team
’We are strengthening our commitment to the broker community,’ says chief operating officer
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NewsLloyd’s financial strength rating upgraded
’Our financial strength and solid capital platform enable us to deliver on our strategic growth ambitions,’ says chief financial officer
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NewsRegistration for insurance industry’s D&I ‘Glastonbury’ opens next week
Insurance Times speaks exclusively to Lloyd’s head of culture about his role at the three-day event and what he is most looking forward to
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NewsAllianz UK reports discounted COR of 94.6% for 2024’s H1
Amid year-on-year operating profit growth of 55%, chief executive promises ‘much more is yet to come’ from the insurer
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NewsEx-RSA director snapped up by Axa Retail
’This is a great business that provides innovative and flexible propositions with customers at their heart,’ says new appointee
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NewsAllianz SE expands share buy-back volume to €1.5bn for 2024
So far in 2024, the insurer has bought 3,791,467 shares through share buy-back schemes
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NewsJudge dismisses £50,000 credit hire claim over engineer’s ‘absence of reliable evidence’
Hastings Direct and HF succeeded in having the claim dismissed because the engineer’s evidence ’carried very little weight’ under cross examination
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NewsAA Underwriting extends vehicle data partnership with Percayso
The motor insurer made the move after being impressed with the initial deal
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NewsRSA launches new customer and broker claims portal
’Our goal was to enhance our claims capabilities, delivering an improved service to our customers and brokers,’ says chief operating officer
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NewsIndustry-wide golf day strives to raise £15,000 for cancer charities
Around 84 golfers from brokers and insurers will take on 18 hole golf course in fundraising bid that seeks ‘to give something back to UK charities’
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NewsHiscox UK grows ICWP in H1 2024
The ’underlying positive business momentum in the UK is broad based’, says insurer
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NewsNew MGA launches with ex-AIG leader as chief executive
The firm ’will differentiate itself from the market through a flexible, agile and responsive approach’, says chief executive
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NewsInsurer to rebrand after acquisition as c-suite appointments announced
’We’re excited to formally align our global business,’ says chief executive
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NewsABI issues statement over riots as properties damaged across the UK
’Insurers appreciate that this is an incredibly stressful time and will be on hand to do everything they can to help customers as quickly as possible,’ says trade body
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NewsEnglish stadium to be renamed as Allianz secures major deal
’With each of the eight stadia we now support around the world, we seek to create the best experience for fans, players and local communities,’ says chief executive
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NewsArch Insurance International promotes for chief financial officer
The new appointee has a ‘vision for modernisation,’ says chief executive
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NewsDifferences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
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NewsJaguar Land Rover may have improved security, so which vehicles are criminals targeting now?
’We’re always looking for the next risk to make sure that we’re [setting premiums] at the right price,’ says chief executive
