All articles by Katie Scott – Page 33
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FeaturesBriefing: ‘Astonishing’ industry change can’t distract from claims focus
The insurance sector is changing faster than British summertime weather – staying ahead of evolving claims trends, therefore, becomes a business imperative
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NewsCFC’s chief innovation officer promoted to chief exec
The MGA’s current chief executive Dave Walsh will become group chief executive in turn
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NewsProtestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Insurance Rebellion members also have insurer Tokio Marine HCC within their crosshairs
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NewsTifgroup ‘temporarily’ stops sales of new travel insurance policies for UK customers
The MGA’s insurer partner is ‘evaluating options for the future’, including possibly ‘permanently leaving the UK market’
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FeaturesOIC portal ‘does not work as well’ as previous MoJ process for whiplash claims
Insurance Times speaks to industry commentators on the early trends that are arising following the Official Injury Claim portal’s launch at the end of May
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NewsSabre Insurance to launch flexible motor insurance product in H2
The insurer has plans to make the new product available for its 1,000 UK broker partners too
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NewsSabre sees dip in GWP for 2021’s H1 as pandemic ramifications continue
However, the insurer’s chief executive has ‘cautious optimism’ as the firm records portfolio growth of 2.8% between 2021’s Q1 and 30 June
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NewsAviva to pay out Covid BI claims to physios after broker and trade bodies apply pressure
The insurer initially declined Chartered Society of Physiotherapy members’ claims under its surgery policy, but has now revised its stance
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NewsInsurers must ‘increase their knowledge and expertise’ around cyber risks
If global multiline insurers do not stay on top of cyber trends, potential claims may ‘no longer be insurable in an extreme scenario’, says insurance director
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News AnalysisFCA’s latest business plan presents ‘quite a warning for the industry’
New chief exec Nikhil Rathi has this month published his first business plan for the regulator – Insurance Times finds out what it really means for the industry
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NewsBeazley bolsters GWP by 22% in first half of 2021
Chief exec is ‘excited about the growth opportunities ahead’ as profit before tax improves from 2020’s loss position
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FeaturesBriefing: Covid costs now hitting reinsurance bottom line
Covid-19, Solvency II and ESG factors will all be influencing global multiline insurers’ balance sheets, says S&P Global Ratings
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NewsHiscox’s Masojada to retire this year as ‘time is right to hand over to new leadership’
The current group chief executive will be succeeded by the insurer’s chief financial officer
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NewsGRP agrees to buy WTW’s Northern Ireland commercial risk and broking business
GRP’s group chief executive called the deal ‘a coup’ that will provide a ‘leading position in Northern Ireland broking’
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NewsAllianz’s Jon Dye ‘keeping an open mind’ on future career plans
Dye is set to leave Allianz in November after an 18-year tenure
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FeaturesBriefing: Aon-WTW merger still hitting snags amid broader consolidation landscape
Aon still has its work cut out for it if it wants to complete its purchase of Willis Towers Watson and mitigate market competition worries – however, will competition concerns increase across the piece as a result of the recent consolidation uptick?
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NewsFCA commits to being ‘tough, assertive’ and a ‘proactive regulator’ in its latest business plan
Chief executive vows the regulator will be ‘fit for purpose’, highlighting priorities such as consumer duty proposals and tackling fraud, as well as supporting net zero targets and D&I
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NewsAllianz Holdings restructures to form distinct commercial and personal lines divisions
Chief executive says the changes are ‘the next step along the road’ following the insurer’s acquisitions of LV= and Legal and General
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IT InterviewBob Peterson: Still ‘headroom’ for pricing increases due to market ‘peaks and troughs’
Lonmar’s executive director of London market risk encourages Lloyd’s underwriters to return to the capital if they wish to retain the market’s ‘market leading, global position’
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NewsInsurers have paid more than £875m in interim and final BI payments this year
The FCA calculates that 23,933 policyholders out of 40,531 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
