All articles by Isobel Rafferty – Page 18
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IT InterviewTroy Stevens: Rhino Trade Insurance seeks to demystify insurance for tradespeople
The specialist broker wishes to hit ’a sweet spot’ for supporting tradespeople rather than simply being a ‘jack of all trades’, says chief executive
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NewsBrokerFest 2023: Successful change in ESG requires joint ‘ambition and values’ from firms
Specific targets should be different, however, due to transformation capability
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News AnalysisThe Big Question March 2023: What will the cyber insurance market look like this year?
Cyber cover is a big topic on the UK insurance industry’s lips - from changes in policy wordings to emerging threats. Insurance Times asks five leading professionals about what the market can expect in 2023
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NewsOptio Group’s managing director elevated to chief executive role
The appointee has had a ‘major impact’ on the business since joining the group, says executive chairman
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NewsBeam Insurance snaps up Redditch-based broker
The business hopes to form a hub for local insurance brokers through this and further acquisitions
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NewsLMA launches new chief underwriting officers committee
The new body intends to support Lloyd’s market members through guidance and strategy implementation
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News AnalysisTrillion wide trade finance gap causes ‘challenging environment’ for insurers and SMEs
To address this, trade finance firms and trade credit insurers will need to act together
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NewsLV=GI reports 60% year-on-year uptick in crash for cash linked personal injury claims
The increase in these claims stem from roads into Scotland, where the UK’s whiplash reform regulation does not apply, says the insurer
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NewsTravel MGU Tifgroup ‘excited’ to once again serve UK broker market after capacity loss
The MGU has revealed a new portal for brokers
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NewsTiming of car insurance renewal alters premium costs ‘significantly’ – Forbes Advisor
Changes in costs can be due to issues of timing or risk, says motor insurance spokesperson
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NewsSchool creates AI-based method to terminate proxy discrimination in insurance pricing
If the school’s approach is adopted, insurers will be required to collect data on protected characteristics, which ‘raises privacy concerns’, says expert
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NewsBrokers boost small business lending to £45bn in 2022 – NACFB
The insurance cohort has ‘firmly stepped’ into the role of a ‘modern day bank manager’, says association chair
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NewsCar and motorcycle insurance drove 2,769 new complaints in 2022’s Q3 - FOS
Insurers must be careful when handling motor claims and ‘do more to close the expectation gap’, says Insurance DataLab co-founder
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NewsBrits' confidence in overseas travel renewed as policy sales increase – World Nomads
The insurer’s insights reflect that UK travellers have ‘well and truly cast the shackles off post-pandemic’, says general manager
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NewsGRP purchases commercial broker to cover underserved locations
The business, which will join the firm’s retail division, has served insurance consumers since 1967
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NewsBiba calls for government intervention as SMEs face ‘very real’ cyber risks
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
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NewsMovo accomplishes 70% GWP growth in 2022
The broker network has set eyes on increasing its books by an additional 30% this year
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NewsRisk managers note concerns over sensitive data stored by cyber insurers
Cyber underwriter CFC is adamant that it protects client data to a sufficient degree, however
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NewsConsumers with mental health conditions penalised when seeking insurance
Money and Mental Health Policy Institute has called on the FCA to stop firms from making pricing decisions ‘behind locked doors’
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NewsClose Brothers Premium Finance appoints top boss for UK and Ireland
The firm has also hired a new managing director to succeed Kemple, who has ‘market savviness and deep understanding of the broking environment’, says chief executive
