Insurer News – Page 78
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European insurance group given approval to underwrite specialty lines business in UK
’With the UK branch, we are further diversifying our business mix,’ says chief executive
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Insurer issues plea as heritage organisations warned of increased smash and grab attacks
’Museums need to be aware of the risk when it comes to smash and grab attacks,’ says customer segment director
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Gallagher reveals growth across UK divisions in Q3 2023 update
’We are in fantastic shape for our busy last quarter of the year,’ says chief executive
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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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Darker nights predicted to trigger rise in home and motor theft claims
Less light in the evenings ‘provides greater opportunities for thieves’, says head of motor claims
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Justice Committee launches County Court inquiry as claim hearing delays rise
’Claims data shows the situation is worsening and not improving,’ says chair of Justice Committee
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Vallance to leave CII for top boss role at accountancy watchdog
’The decision to leave was not easy,’ says departing chief executive
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Cost of insuring EVs ‘a lot’ higher than for ICE vehicles
’There are plenty of good reasons why EV insurance coverage is higher,’ says motor insurance expert
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Why there are ‘endless’ opportunities in insurance
Vice president also explains what the ‘beauty of insurance’ is
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Broker nets new insurance deal with football club
’The company is in a great position to continue growing and supporting businesses,’ says director
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LMG announces new apprentice drive to bring young talent to London market
‘Our market is attractive to young people if you open the door to them’, says chief executive
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Insurer reveals how it reduced waiting times following claims rise after Storm Babet
’We will continue to support our customers affected by Storm Babet,’ says claims director
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CII’s New Generation group launches campaign to address insurance talent gap
’We want to dispel the common misconceptions and spread the message that insurance is an exciting and fulfilling industry,’ CII says
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Insurance Museum launches final gallery for fire exhibition
’It is wonderful that we now have all four galleries telling the story of fire insurance,’ says director
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More insurance firms investing in AI – but many lack plans to upskill workforce
’Concerns around understanding, skills gaps, regulatory impacts and ethics remain prominent,’ says insurance leader
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Aviva launches new cyber cover for micro-SMEs
’Brokers will play a critical role in helping micro-SMEs build their cyber resilience,’ says head of cyber
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Commercial brokers ‘frustrated’ by ‘widening gap’ in insurer service
’There is still some way to go before the sector is firing on all cylinders,’ says association
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Axa partners with research hub to mitigate climate transition risk
Head of climate says move will evolve ’our assessment of risk management from linear thinking to a more systemic approach’
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IFB issues travellers warning amid fraud concerns
’Any fictitious or exaggerated expenses for what otherwise would have been a genuine claim is still fraud,’ says director
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Jensten to bolster mid-market proposition with new acquisition
’It is a great acquisition for lots of reasons,’ says managing director