Insurer News – Page 70
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News‘Many firms need to make improvements’ as FCA publishes Consumer Duty outcomes review
Few firms had been able to provide clear evidence of where monitoring outcomes had led directly to action around improving these outcomes
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NewsMore brokers looking to support charities and communities
Brokers seek connections with local charities in order to give back to customers, improve their reputation and support talent attraction and retention, finds insurer research
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NewsAviva detected 39% surge in claim fraud across 2023
Motor injury claims accounted for 35% of all bogus claims, with the number of fraudulent injury claims declined for suspected fraud growing by 19%
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NewsInsurer hires ex-Axa XL broker manager for distribution role
’His experience, acumen and understanding of the market, combined with outstanding leadership skills, will help us drive momentum across Sompo’s business,’ says chief executive
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NewsInsurtech scaleup enters fresh fleet insurance partnership with Admiral Pioneer
’Our combined strengths will lead to safer roads and more efficient fleet operations across the UK,’ says chief executive
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NewsEuropean private equity investor acquires Atec Group
’It is a ringing endorsement of the business we have successfully built and our future strategy,’ says chief executive
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NewsDLG appoints Aviva c-suite member as new group chief risk officer
The appointee joins DLG’s chief executive and chief financial officer in having made the switch from Aviva to DLG
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NewsChaucer c-suite changes continue with new group chief operating officer
The appointee’s ‘strong operational background’ will help to ensure the insurer maintains a ‘fully optimised operating model’, says group chief executive
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NewsCII seeking rising stars for talent development programme
This ’is an excellent opportunity for insurance professionals who have ideas and wish to spread their wings and influence the sector,’ says president
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NewsBrokers promised seamless migration as NIG and FarmWeb policies move to RSA
The integration of 750 new staff following the acquisition has been a ‘huge success’, says distribution development 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
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News‘Technology supercharging humans’ for personalised insurance service – Chris Loake
’Use AI behind the scenes’ to promote a ‘human touch,’ says group chief information officer
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NewsBlueprint Two deadline delayed again in London market transformation blow
’We’re confident we can resolve defects quickly and encourage the market to maintain momentum with their own testing schedules,’ says Lloyd’s chief executive
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NewsVapes now present major fire risk to schools – Zurich
’Disposable vapes can pose a serious fire risk as they contain lithium-ion batteries that can ignite if damaged,’ says insurer’s regional major loss manager
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NewsAxa UK and Ireland works to ‘strengthen’, ‘solidify’ and ‘deepen’ broker relationships
Chief executive believes it is ‘absolutely critical’ that the insurer works ‘hand in glove’ with brokers to tackle industry-wide challenges
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NewsSome motor insurers burying their heads in the sand over self driving vehicles – By Miles
’It’s a whole new category of insurance and it’s going to be huge,’ says chief operating officer
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NewsUpcoming Dive In Festival champions inclusive cultures for long-term success
Insurance Times will be a media partner for this year’s event, which will take place between 24 and 26 September 2024
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NewsIndustry leaders highlight need for diversity to drive innovation in insurance
’To create innovative products, [the insurance industry] needs to have a diverse pool of talent around the table,’ says senior diversity and inclusion manager
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NewsMarkel urges reconnection in insurance market post-pandemic
’It is important that people are focused on what is happening [in the market] outside of their day job,’ says chief underwriting officer
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NewsChanges to personal injury system causing legal access problems – Tomlinson
’People cannot access the legal support and we see when people use the portal it is a very difficult system to navigate,’ says chairman
