All articles by Katie Scott – Page 4
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NewsFCA revokes Glasgow-based broker’s permissions to operate after fair value reporting failure
The regulator has deemed the broker ‘not a fit and proper person to conduct regulated activities’ after ignoring fair value questionnaire request from 2022
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NewsSocial spots: The must-attend post-conference parties at 2025’s Biba Conference
Exhibiting firms at this year’s Biba Conference also have the 5pm to 9am covered for attending delegates, with evening networking opportunities aplenty across Manchester’s hottest venues. Insurance Times lists some of brokers’ entertainment options…
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News AnalysisBriefing: Is Lloyd’s ‘undervalued’ as an investment opportunity?
Research indicates that investment capital could be well homed within Lloyd’s and the London market – could syndicates snap up M&A spend?
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NewsFY 2024 financials prove Covéa ‘made the right decision’ with strategy focuses – Georges de Macedo
Although chief executive ‘will not say that our profit is exceptional in absolute terms’ for last year, the insurer’s journey into profitability demonstrates that five pillar strategy is yielding results
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NewsUptick in vehicle and deer collisions could ramp up springtime motor claims costs – Zurich UK
Insurer records 45% increase in deer vehicle collision claims in April and May since 2019
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NewsCovéa Insurance plans to re-enter EV insurance market in 2025
The underwriter first pulled back from insuring fully electric vehicles as part of its relationship with retailer John Lewis in 2023 after getting cold feet about repair costs
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NewsCovéa collaborates with brokers on data sharing and risk management – Georges de Macedo
Chief executive emphasises that ‘good relationships with brokers’ is ‘very important’ for the insurer
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NewsAllianz UK focuses on ‘balance between volume and margin’ to weather cyclical market storm
Inflation and the transition from a hard to soft market in UKGI has impacted insurers’ full-year 2024 results – but insurer chief executive emphasises the importance of disciplined underwriting in managing market cycles
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NewsAgeas UK is ‘very interested’ in embedded insurance – Ant Middle
The personal lines insurer is exploring new embedded product propositions ‘right now’ as chief executive believes this model is ‘really important to the future development of our business’
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NewsBackchat: April 2025
T&Cs you can’t put down for World Book Day, confirmed cricket collaboration, PAS provider paints the town with projection and one software firm pranks the industry with April Fool’s Day joke – what has the insurance industry been up to of late? You heard it here first…
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News AnalysisOpinion: Opportunistic fraud is thorn in sector’s side
Processes combating criminal insurance fraud are working well, according to industry experts, but opportunistic fraud is much more problematic due to its roots in genuine claims and policy applications
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IT InterviewAnt Middle: Organic growth focused plan seeks to put Ageas UK top of the personal lines pile
The insurer has ‘earned the right to think bigger as a business’ and topple the likes of Allianz, Axa and Hastings from the personal lines podium using product expansion, AI investment and a commitment to broker partners, says chief executive
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NewsAgeas UK extends home cover partnership with Post Office for further five years
Chief executive describes deal as ‘strong example’ of the insurer’s ‘deep partnership DNA’
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NewsAllianz strives to build ‘personalised relationships with every broker in the UK’ – Colm Holmes
Technology advances have made it easier to connect with various sized brokers, rather than only having relationships with the industry’s giants, says insurer chief executive
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NewsAllianz UK to deploy digital developments in 2025’s Q2
Chief executive confirms that insurer’s new platforms are driven by desire to be ‘increasingly efficient and simple’ for brokers to trade with
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NewsBackchat: March 2025
Delicious industry dining, a Roman footprint in the Square Mile, brokers on the box and a competitive rowing career – what has the insurance industry been up to of late? You heard it here first…
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NewsZurich updates Innovation Championship programme to scout for problem solving startups
Insurer introduces ‘venture client engine’ element to collaboration scheme, looking to build ‘eye to eye’ partnerships with startups
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News AnalysisOpinion: Soft market set to showcase true service standards
Although soft market conditions may make it easier to place risks thanks to confident capacity, challenges remain around broker income and getting clients to trust such fluctuating premium price points
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NewsAdmiral celebrates ‘remarkable’ 2024 with 90% uptick in group profit before tax
The personal lines insurer generated £4.78bn in insurance revenue last year, alongside a 19% growth in UK insurance customers
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NewsAviva hopes to create ‘standout specialty market’ in 2025 using Probitas purchase
Last year’s M&A transaction has enabled the united company to write ‘accounts that neither Aviva nor Probitas on their own would have written prior to [the] deal’, says UKGI chief executive
