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Latest News
‘Evolving black swan events’ are making ‘the industry incredibly nervous’ – Accenture
Despite five possible black swan events on the horizon, past industry action has demonstrated that insurance companies take these risks ‘very much in their stride’, according to professional services firm
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Axa Partners reveals multimillion-pound partnership extension with underwriting agency
The underwriting agency’s managing director says that Axa Partners shares its ’key value of putting customers at the heart of everything’
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Brokers call for mandatory qualification requirements – CII
The CII’s president backs brokers’ call to action because it would ‘improve the image and professionalism of the sector hugely’
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Jensten Group combines businesses to reveal new London market operation
The broker’s wholesale managing director believes its new division is an example of how it provides ’our people and partners with greater opportunities than the status quo’
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Motor insurance premiums set to rise 2% this year ahead of 18% uptick in 2023 – EY
Professional services firm predicts that the UK motor sector’s net combined ratio will be loss-making in 2022 and 2023 and that the ‘environment will be tough’
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‘There will always be a need for insurance’ – Lloyd’s boss John Neal
The insurance industry provides ’a framework for bouncing back’, as risk can never completely be eliminated and ’we cannot just look to politicians for answers’
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Brokers want more support from insurers when handling complex claims – Allianz
When brokers and insurers work together to handle claims, communication via email is one broker bugbear that insurers should be aware of
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MGA Coalition strikes long-term capacity deal with Allianz
Too many organisations ’simply aren’t prepared’ for cyber risks, says Coalition’s head of insurance
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Axa UK’s chairman steps down
The insurer will be left in ‘good hands’ when the newly selected appointee takes over, however
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Industry opportunities arise from growing state sponsored cyber attacks – Lloyd’s of London
The insurance industry has an opportunity to develop ’affirmative physical damage offerings’
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Technology implementation is ‘do or die’ for insurance sector
Brokers ‘need to get real’ about consumer expectations, say experts
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PIB Group buys specialist health and wellbeing broker
The deal is an ’important step’ for the group
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MGAs can help ‘keep insurance relevant’ – David Howden
The insurance sector’s reputation has suffered as a result of the Covid-19 pandemic, which MGAs could help remedy, says chief executive
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Insurance Times editorial team receives industry recognition at awards event
Editorial team members were shortlisted in four categories at Biba’s annual media and journalism awards
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Superscripts expands to Netherlands amid European launch
The Netherlands is a ’natural next step’ according to its co-founder and chief executive
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Claims for cycle thefts increase by 126% – Urban Jungle
Bikes are the “most common” item to be stolen and are difficult to trace, says insurance director
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Gallagher enhances retail division with new broker buy
The deal will also boost the firm’s presence in the North-East
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Hiscox promotes for new group chief operating officer
The insurer will ‘benefit enormously’ from the appointee’s ‘institutional knowledge’, having being a key part of the Hiscox team since 2010, says chief executive
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Digital is ‘like salt’ sprinkled on insurance – BrokerFest2022
OneSpan’s senior solutions expert explains why consumers want a combination of digital and human interaction