All articles by James Cowen – Page 66
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Vipr Solutions appoints former IBM manager as new chairman
’His extensive background and understanding of the sector will provide a significant boost,’ says chief executive
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Catch up on insurers’ half-year financial results for 2023
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2023. Get the story on insurers’ balance sheets and factors driving the figures here…
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Sabre profits drop in H1 2023 despite rise in GWP
Chief executive says results are ’in line with our expectations and support our full year projection’
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Aspen appoints new claims management partner
’We are pleased to have selected a partner that shares our vision and values,’ says chief operating officer
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Admiral Group posts small COR rise amid ‘persistent high inflation’
However, the group improved its turnover and insurance revenue despite ’a challenging market’, says chief executive
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Warning as motorists could be losing up to £8.6bn on insurance claims
’Our data shows the harsh financial reality of payments which are lower than fair market value for drivers,’ says managing director
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Kingfisher Insurance’s classic car brand launches scheme for VW enthusiasts
Partnerships director says scheme will ’best suits their needs and protects these popular cars on our roads for generations to come’
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LV= General Insurance unveils plan to move Bournemouth headquarters
’We wanted a space that could support our aspiration to have a more sustainable working environment,’ says transformation director
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QBE International improves COR and grows GWP by 18%
However, the QBE Insurance Group as a whole saw its COR increase by nearly four percentage points
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Average price of motor premiums hit record high as cost of vehicle repairs surge
’These continue to be tough times for many motorists and motor insurers alike,’ says director
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Allianz Holdings reports UK revenue growth despite slight COR rise
’We’ve continued to see stubbornly high inflation,’ says chief executive
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Copart UK announces expansion to meet insurer demands
’We’re very excited to announce our plans to develop a new operation centre,’ says chief executive
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Cytora forms new partnership to boost insurers’ risk assessments for aviation market
’The integration will enable insurers to make data-driven decisions,’ says chief operating officer
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Home insurance premiums reach all-time high – but is ‘return to normalisation’ in sight?
’Home insurers have had to address many challenges,’ says director of insurance pricing
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More motorists are going electric – so what does it mean for underwriting?
’With the EV market, what you have got is a different set of historical data,’ says head of sales
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RSA reports £9m loss in H1 2023
It came after RSA announced its exit from the UK personal lines motor insurance market
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Rokstone launches new accident and health division
’It is challenging areas of niche specialty lines like these that Rokstone excels at,’ says chief executive
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Government sets out plans to ban cold calls for financial products
’This will stop the fraudsters dead in their tracks,’ says economic secretary to the treasury
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Aon snaps up former Aviva director for new chief broking officer role
’This new role demonstrates our commitment to investing in talent,’ says UK head of commercial risk solutions
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Trudgill issues FCA plea as Consumer Duty regulation comes into force
Chief executive says this is ’one of the most significant pieces of regulation there has been’