All articles by Katie Scott – Page 39
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NewsRSA outlines product growth ambitions following Intact/Tryg takeover
The insurer wants to be ‘a more dominant force’ within the SME market, according to its UK and international chief executive
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IT InterviewScott Egan: There will be ‘no radical about-turns’ in RSA’s strategy following Intact takeover
Instead, RSA’s new owners will help the insurer ‘accelerate our plans’ around ‘outperformance’
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NewsGRP-owned Crotty Insurance buys commercial insurance broker
The deal will help Crotty ‘generate momentum in the Irish broking market’ says GRP
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NewsMcGill and Partners secures new strategic advisor from Aon
The new hire says the position ‘is a unique opportunity and one that I simply could not let pass’
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FeaturesOpinion: Claims shop window applauded for pandemic-driven innovation
Editor Katie Scott explains why this year, celebrating claims excellence is all the more pertinent
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IT InterviewJohn Read: Hard market is brokers’ ‘saviour’ for preserving earnings
With the hard market ‘still here with a vengeance’, brokers face ‘additional difficulties’ in explaining the impact on premiums to clients
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NewsMGA Kitsune finds new home with car insurance broker
Broker Brightside originally announced last November that Kitsune would be put into run-off for failing to meet specified returns
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NewsTaxi driver ordered to pay £42,310 following insurance fraud
A 53-year-old man has been working as a taxi driver, despite claiming that he was unable to work after sustaining injuries in a road traffic accident back in 2007
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NewsPerception that extortion cover fuels cyber crime is ‘misguided’ – CFC Underwriting
The firm’s cyber development leader believes ‘the last option we want is to remove extortion coverage’, but that applying sub-limits could be a viable route forward
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NewsLouise O’Shea: Open finance will empower insurers to innovate and meet customer demand
Mirroring the success of opening banking, open finance can help customers improve their financial health says price comparison website chief executive
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NewsEuler Hermes appoints UK and Ireland chief executive
The internal candidate will be the first woman to lead this part of the business
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FeaturesBriefing: Brokers’ purse strings threatened by PI cover costs
The FCA’s test case has contributed to broker PI being ‘in a very, very difficult position’ says network MD, as Covid exclusions also cause costs to escalate
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NewsHowden launches ESG-focused insurer
The new business, which plans to begin underwriting from 1 January 2022, indicates ‘a step towards facilitating long-term industry change’ around resilience
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NewsIntact and Tryg complete cash acquisition of RSA
The transaction ‘has delivered attractive, certain value for our shareholders’ says RSA chairman, as Intact promises to ‘build on the well-recognised RSA brands and scale in home and commercial lines’
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NewsGovernment committee proposes time limited insurance scheme to prevent live event ‘lost summer’
DCMS committee says ‘the government must act now’ as there is ‘no more room for excuses’
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NewsThe FCA’s pricing policy changes could be ‘profound’
Abolishing ‘unethical price walking’ could encourage insurers to find ‘more innovative ways’ to ‘rip off’ customers
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IT InterviewChris Chatterton: Incoming OIC portal is ‘slightly past its sell by date’
Despite describing the motives behind the new portal for whiplash claims as ‘sensible’, handl Group’s chief commercial officer says ‘the vehicle we’ve been given is a bit unfortunate’
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NewsFCA publishes policy statement confirming price walking remedies
Law firm partner says the new rules to tackle price walking give the ‘FCA teeth to enforce the requirements against those companies who have been less willing to change’
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NewsAviva’s Q1 COR in GI improves to 90.8% for 2021
Alongside GI GWP improvements, selling eight non-core businesses outside of the UK, Ireland and Canada will generate cash proceeds of £7.5bn for Aviva, says Blanc
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NewsArdonagh Group to buy insurance operations from tech firm for $500m
The move will bring ‘two of the last remaining independent outfits of scale together to create the largest privately owned specialty broker in London’, says broker chief exec
