All articles by Katie Scott – Page 70
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FeaturesWhat does Aon’s purchase of Willis Towers Watson mean for brokers?
Industry voices fear that consolidation between two of the UK’s largest brokers will lead to a ‘stagnating’ market and ‘significant change’ of the sector as we know it
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NewsBudget 2020: Record flood investment, but no action on IPT
This includes £120m to repair damage caused by last month’s Ciara and Dennis
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NewsCoronavirus: RSA to assess business interruption claims on a case-by-case basis
The firm operates a ‘wider definition’ of specified diseases, so coronavirus impacts may be insured depending on policy wordings and policyholder circumstances
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NewsLV= says it is ‘operating at a different level’ as it gains star in 2019’s five-star rating report
The insurer gained an overall three-star rating this year to rank fifth in Insurance Times’s personal lines ratings table
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NewsAgeas combines salvage and green parts operations
The insurer’s year-long pilot saw the firm use 4,926 green car parts for repairs
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IT InterviewBroker consolidation not ‘a good thing for the future’, says Kennett boss
Brokers and startups will turn to reinvention in the long-term, but for now, consolidation is ‘here to stay’
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NewsPIB Group buys commercial broker to boost motor proposition
The acquisition aims to support the recent purchases of Cooper Solutions and Cooke and Mason
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NewsFraudster pleads guilty after CCTV thwarts fake personal injury claim
If successful, the Welsh claimant would have fraudulently received a £6,680 pay out
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NewsNIG latest insurer to cancel non-essential external visits due to coronavirus exposure risks
Aviva and AXA have already confirmed meeting cancellations as a ‘precautionary measure’
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NewsLloyd’s syndicate partners with cryptocurrency broker to protect online wallets
Insurers TMK and Markel have also backed the new liability policy
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FeaturesGreen parts market gains traction for accident repairs
The use of recycled car parts for repair may be in its infancy, but industry voices predict a boost in business to meet consumer demands
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NewsAviva to invest in digitalising broker channels
The insurer’s UK chief executive confirms that ‘we want to invest in those relationships’
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NewsAviva exits Indonesia joint venture
A statement from the insurer said the transaction will be completed in Q4 this year
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NewsCoronavirus not covered under standard business interruption policies says Aviva
The insurer’s chief executive said its policies provide ‘minimum coverage’ in terms of listed diseases within BI policy wordings
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NewsAviva reports £133m dip in UK GI operating profit
Global profits have boosted since Maurice Tulloch became chief executive last March, but UK figures fall following the alignment of Aviva’s digital and general insurance divisions
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NewsBravo Group's Saffron Insurance buys Romford-based broker
The transaction is the firm’s seventh acquisition since becoming an Ethos Broking partner
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NewsAviva cuts staff meetings in bid to avoid Coronavirus spread
A source told Insurance Times that all non-essential external meetings for Aviva staff have been cancelled
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NewsKPMG says increase in 10-year government bond yields is ‘music to insurers’ ears’
The firm’s economics team estimates a 1.9% uptick by the end of 2024
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NewsA quarter of SMEs think cyber insurance is not fit for purpose
CFC Underwriting says the industry ‘must do better at articulating the value of this cover’
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NewsSam White’s Freedom Services Group buys Homelyfe
The purchase signals White’s move into the home insurance sector
