All articles by Isobel Rafferty – Page 26
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AnalysisSector cautiously welcomes UK government amendments to planning guidance for preventing flooding in new builds
Affordable home insurance is ’essential to public trust’ in insurance and is impossible without ‘drastic improvements’ to flood resilience, says CII director of policy and public affairs
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NewsDemand for trade credit cover will increase even as appetite reduces – Aon
Supply chain issues, inflationary pressures and geopolitical uncertainty contributed to the market’s challenges in Q2 2022
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NewsIndustry fraud crackdown sees dishonest claims fall in number and cost – ABI
With the cost of living crisis potentially triggering a fraud epidemic, one industry leader is calling for the Insurance Fraud Taskforce (IFT) to reconvene
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AnalysisWill the UK government’s road to net zero strategy drive classic cars to extinction?
Classic cars could provide an alternative to electric vehicles as they are more sustainable then the general public may assume
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NewsAston Lark snaps up Essex-based broker with ‘identical customer service ethos’
The acquired business has been broking insurance since 1979
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NewsMan jailed after using different identities to submit fake travel insurance claims
Aviva was one of six insurance companies impacted by the 27-year-old’s fraudulent activity
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NewsPIB Group inks acquisition deal with Irish family-run broker
The transaction is PIB’s seventh retail investment in Ireland to date
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NewsMarsh and Ascot Group deliver first placement of marine cargo and war insurance
The facility is now available to clients of Lloyd’s of London registered brokers
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NewsSeventeen Group gains ‘home in Glasgow’ with new broker buy
The acquisition will provide ‘further opportunities for clients and staff who value continuity and quality advice’, says chief executive
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NewsMarsh launches new (re)insurance capacity for hydrogen energy projects
The broker states that adequate insurance provision for greener technologies is lacking
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NewsAviva’s Nick Major and Simon Mobey step down
The staff changes have triggered a c-suite reshuffle
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AnalysisDynamic IP addresses cause ‘big challenge’ for underwriters using cyber risk rating reports
Improving the underwriting process for cyber insurance requires a ‘holistic view’ ahead of the ‘next big shift’, says Aviva’s head of cyber
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NewsEuropean windstorms caused £3,142m in insurance industry losses – Perils
The firm’s latest estimate would make the February storms the largest European windstorm loss since January 2007
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AnalysisProfessional winter sport athletes left out in the cold by insurance
Brokers must ‘think outside the box’ if they wish to fill the winter sports protection gap
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NewsE-scooter and e-bike lithium-ion battery fire claims spark losses of over half a million pounds – Axa UK
The insurer is warning commercial businesses and consumers of the risks associated with fires resulting from the electrically powered micro-mobility vehicles
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NewsFraudster jailed following exposure of bogus car insurance claims for collisions and theft
Discovering one instance of fraud triggered Aviva to submit another referral to the IFED, highlighting a false claim which was previously missed by the insurer
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NewsStubben Edge Group snaps up Lloyd’s broker as it targets 1m live policies in 2022
The firm has also incorporated Guernsey-based 1Edge Insurance, with the aim of expanding the group’s capabilities for IFAs and brokers
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NewsRcapital Partners targets ‘significant’ scale-up with dual business buy
Montague Investment Group has taken a minority stake in the partnership as part of the deal
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NewsThunderstorms on the horizon heighten risk of flash flooding – Ecclesiastical
Insureds need to prepare for flash flooding as it can be quick and ‘hard to predict’, says risk management director
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NewsMCE promotes internally for new head of insurance partnerships
The appointee is ‘ready to hit the ground running’ in improving insurer relationships and broker experience
