Insurer News – Page 76
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Pen Underwriting launches IP proposition as brokers look for ‘more choice in limited market’
’Our message to brokers is make sure you arrange cover for your clients’ IP and give them the means to defend themselves,’ says head
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Broker attention needed as HNW clients express underinsurance concerns – Ecclesiastical
‘It’s more important than ever that brokers are speaking to their clients,’ says underwriting director for art and private clients
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Insurer demand for more hazard data prompts launch of four new satellites
’Rapid access to high-resolution hazard insights will become ever more critical,’ says senior vice president
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Sedgwick promotes Gibson to UK chief executive
’My focus remains on our people, as they are our most important asset in the work we do,’ says new appointee
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Aviva warns insurers of telematics challenge that connected cars could present
’This connectivity is not just a technological advancement – it represents the future of motor insurance as well,’ says head of retail specialty trading
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Property insurers facing ‘mixed bag’ of news over claims costs
’Insurers need to consider fluctuations in the cost of materials, running plant equipment and labour,’ says head of property
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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Axis appoints new chief executive for London market arm
’His extensive underwriting and leadership experience within Axis and the Lloyd’s market equip him very well,’ says head of global markets
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Source partners with Prestige Underwriting as it rolls out first home product
’We look forward to enjoying a long and mutually beneficial relationship,’ says head of broker development
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Lloyd’s of London set to pay £40m after research reveals ‘significant role’ in slave trade
’The collection of Lloyd’s pertaining to the transatlantic slave trade is a critically important historical resource,’ says professor
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Safely Insured announces switch to smartphone telematics
’While a number of insurers have stepped away from young driver insurance in recent months, we remain fully committed to this market ,’ says personal lines director
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Arch snaps up Aon team to launch intangible assets division
’The launch of our intangible assets team is a natural progression for Arch,’ says chief executive
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Acturis inks partnership with DLG on Motability Scheme
’This is one of the biggest single projects undertaken by Acturis,’ says boss
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And-E appoints new chief finance officer
’I am looking forward to building on the systems and processes already implemented,’ says new appointee
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ABI issues government plea as motor prices hit new record high in Q3 2023
’The government could help drivers with an immediate reduction in costs,’ says director
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Underwriters express concern about slow progress in underwriting processes
’Many of today’s underwriters are disillusioned with time-consuming manual tasks,’ says vice president
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Insurers respond to bill that will allow self-driving cars on UK roads
’Ultimately, how data is accessed and used needs to be open and transparent,’ says underwriting director
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‘Exceptional’ property market boosts Beazley’s premiums in 2023
’We have taken advantage of the opportunities in the property market this year,’ says chief executive
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DLG more than doubles motor GWP in space of quarter
’We believe we are writing profitably,’ says acting chief executive
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The ‘win-win’ way insurers can mitigate weather-related claims
’The more engagement between insurers and their customers, the easier it is to mitigate the risk of claims,’ says director