Insurer News – Page 7
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NewsFOS makes insurance prediction as more complaints expected in 24/25
’In the year ahead, it’s likely that our service will see increasing levels of complaints,’ says chief executive
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NewsSwiss Re announces new chief executive
’I’m looking forward to working with all my colleagues on the group executive committee,’ says new appointee
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NewsCFC teams up with Biba for new cyber hub
’The cyber hub is a relaxed space for brokers to learn about the pro-active levers that can help their clients prevent and recover from cyber attacks,’ says head
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NewsAdmiral completes acquisition of RSA’s direct personal lines operations
’Our leadership team have enjoyed visiting our new colleagues at RSA and I am looking forward to personally welcoming them to our Admiral family,’ says chief executive
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NewsAviva launches new telematics initiative for drivers
’The more safely the person drives, the more they could save on their Aviva motor insurance when they come to renew their policy,’ says head of retail propositions
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NewsNeal issues Blueprint Two update after phase one delayed
’[We] will continue working alongside the market associations to ensure we can safely deliver phase one,’ says chief executive
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NewsABI releases guide to help industry improve support for autistic customers
’Understanding autism and how to better support autistic customers is essential,’ says executive sponsor
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NewsHome insurance premiums surge after bad weather strikes in Q1 2024
’The anticipated timing for lowering of home insurance premiums remains uncertain,’ says director
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NewsConsumer trust declines following surge in insurance premiums
’The sharp rise in insurance prices is inevitably taking its toll on levels of customer trust in the sector,’ says managing director
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NewsZurich to evolve propositions to boost growth in 2024
’We are looking to make sure that we continue to grow,’ says chief executive
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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NewsLloyd’s reports 2023 profit surge and ‘strongest’ COR since 2007
’The results we’re reporting today are our best in recent history,’ says chief executive
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NewsNew MGA launches with goal of addressing broker anger in PI space
’There has been a mounting level of frustration in the market at poor outcomes and unwillingness to actively underwrite in the PI space,’ says chief executive
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NewsCyber insurance is ‘inaccessible’ for SMEs
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
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NewsFCA identifies ‘areas for improvement’ in insurers’ valuation of vehicles
The findings of the regulator’s multi-firm review have identified some failings in motor total loss claims
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NewsABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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NewsChaucer enters weather insurance market with new parametric product
The (re)insurer has also put together a new specialist team to help with its entry into the market
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NewsLloyd’s Lab unveils America-focused cohort 12
’The lab’s recent success with region specific themes further validates the work of the lab,’ says senior manager
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NewsRevealed: Insurance Times Claims Excellence Awards finalists 2024
The awards are designed to recognise the best and brightest in the UK insurance claims sector
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NewsSupreme Court unanimously rejects insurers’ mixed injury appeal
People with mixed injury claims can claim full common law compensation for their non-whiplash injuries at the same time as the statutory tariff payment for whiplash, the court has ruled
