Insurer News – Page 57
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NewsShift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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NewsLloyd’s of London clamps down on unacceptable behaviour
’Our current processes for dealing with issues of poor conduct can be unclear,’ says Lloyd’s
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NewsMotor and home insurers’ APRs revealed as FCA action demanded
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
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NewsBiba calls on government to cut IPT rate in Autumn Budget
’The government has the opportunity to make some specific interventions to help ease the financial burden on customers and help with the issues that we are seeing,’ says chief executive
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NewsCommercial insurer expands coverage as it inks deal with distributor
The move comes as the insurer looks to broaden its focus
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NewsSpecialist insurer looks to Arch for new chief operating officer
’He brings a wealth of experience and has a proven track record,’ says chief executive
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NewsMarkel hires ex-Axa leader for senior broker role
’Her extensive background and connections in the broker channel, particularly around SME risks, including professional indemnity, will be invaluable,’ says director
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NewsAlison Williams: Listening to broker feedback is key
Alison Williams, managing director at Prestige Underwriting, explains what brokers can expect from the MGA in the coming year and outlines key trends impacting the MGA market
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NewsInsurance group takes staff from Munich-Re owned MGA
’Their expertise will be instrumental in delivering superior service quality for our broker partners,’ says managing director
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NewsSpecialist insurance provider snaps up ex-Aon leader for senior underwriting role
The appointee is ‘looking forward’ to collaborating with brokers in delivering a ‘superior insurance product’
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News‘Gap in perception’ exists in industry’s understanding of cyber risks – Lockton
‘The possibility that you could have this sort of global outage is extremely remote,’ says cyber practice leader
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NewsTMK announces senior hire as it establishes new reinsurance arm
’We are extremely well positioned to build our portfolio,’ says chief underwriting officer
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NewsAxa employees to be offered shares as 2024 scheme launched
’Our employees have the opportunity to become shareholders in the company under privileged conditions,’ says chief executive
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NewsAI will enhance, not replace, human interactions in Lloyd’s market
’The key message is that digital is not going to replace humans’, says deputy chief underwriting officer, but will ’improve productivity in the market’
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NewsTechnology obsolescence is biggest digital threat in 2024 – Beazley
’Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology,’ says new report
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NewsHiscox launches new proposition that covers more than 20 risks
The product ’will help employers respond to crises involving their employees wherever they are in the world’, says underwriter
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NewsCivil court cases still facing major delays
’Access to justice is still hugely delayed, therefore access to justice is still being denied,’ says executive director
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NewsReinsurers increasingly directly deploying capital into primary insurance market
‘It’s not an existential moment for the industry, but it does highlight that primary markets will question whether they’re getting value for money or sufficient coverage,’ says managing director for analytics
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NewsNew cyber intermediary launched as capacity deal announced
’We equip carriers with deeper insights into the cyber risk in their books,’ says head
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NewsNew standalone energy specialist MGA launched as chief executive named
’We have to evolve with our clients and brokers in order to respond to their needs,’ says new top boss
