Insurer News – Page 54
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NewsCompare the Market investor ‘exploring sale’ of stake in PCW
The investor paid £675m for a 30% stake in 2017
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NewsZurich set to reveal new three year plan
The plan will be shown to investors at a meeting later next month
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NewsMunich Re MGA officially closes for business
’We’d like to thank our clients, partners and colleagues for your support and trust over the years,’ says firm
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 30 September to 4 October
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NewsInsurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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NewsIfig members vote to form UK chapter of international organisation as it celebrates 25th anniversary
’The insurance counter fraud industry now has a truly agnostic body that has the capability to collaborate across borders and world wide,’ says chair
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NewsCredit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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NewsFirms must embrace ‘cultural change’ to meet Consumer Duty requirements – FCA’s Graeme Reynolds
Cultural change is important when it comes to the regulation because ’the duty is not a once-and-done exercise’, says director of competition
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NewsLiberty Specialty Markets announces new UK and MENA chief underwriting officer
The new recruit’s ’perspectives will strengthen our ability to deliver value for our clients, brokers and our Liberty teams’, says president
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NewsRSA launches new D&O product due to ’uncertain times’
’Senior management make decisions on a daily basis that can be open to question at a future date,’ says head
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NewsSaga in talks with Ageas over insurance arm deal
It comes after Ageas abandoned its pursuit of Direct Line Group (DLG) earlier this year
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NewsBeazley makes c-suite changes as promotions announced
’It is pleasing to note that at Beazley we have an outstanding talent pipeline and strong process of succession planning,’ says chief executive
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NewsMajority of HNW clients seek better protection for art collections
’Brokers play an important role in helping HNW clients understand the risks their art and collections face,’ says underwriting director
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NewsAddressing age-related prejudices essential to improving diversity of thought
’There can be some really impactful and innovative ideas from people with backgrounds that are less traditional,’ says chief customer officer
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NewsBroking group makes second acquisition since 2023 launch
’We are proud to provide a viable alternative to the industry consolidators when brokers are looking to sell their business,’ says chief executive
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NewsAgeas UK expands broking team with two senior hires
’Their extensive experience and proven track records in the personal lines’ insurance market will be invaluable,’ says chief distribution officer
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NewsMGA secures capacity deal with recently rebranded insurance firm
’It supports our growth ambitions over the next five years,’ says managing director
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
