Latest News – Page 108
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Cyber insurance is ‘inaccessible’ for SMEs
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
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‘Unlimited pool of potential’ for niche broker schemes – Peter Blanc
’How much better would it be to be known as problem solvers and enablers, rather than just retailers of products,’ says head of M&A
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FCA identifies ‘areas for improvement’ in insurers’ valuation of vehicles
The findings of the regulator’s multi-firm review have identified some failings in motor total loss claims
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Marsh unveils new digital asset facility
’We look forward to supporting clients globally in aligning their risk financing and evolving commercial strategies,’ says leader
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Insurance industry not matching customer expectations for green parts – Solera
’Insurers and garages can play a vital role in helping customers understand the green options available,’ says managing director
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Sedgwick appoints new UK chief operating officer
’I look forward to maximising operational efficiencies for the benefit of our valued clients and colleagues,’ says new appointee
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PI-driven law firm closures fall to lowest level since 2019
’Law firms will be very glad that PI premiums appear to have begun to soften,’ says partner
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ABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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Chaucer enters weather insurance market with new parametric product
The (re)insurer has also put together a new specialist team to help with its entry into the market
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Lloyd’s Lab unveils America-focused cohort 12
’The lab’s recent success with region specific themes further validates the work of the lab,’ says senior manager
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CMA gives greenlight to Markerstudy and Atlanta merger
’Today’s approval is an important step forward in bringing our vision to reality,’ says chief executive
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Revealed: Insurance Times Claims Excellence Awards finalists 2024
The awards are designed to recognise the best and brightest in the UK insurance claims sector
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Supreme Court unanimously rejects insurers’ mixed injury appeal
People with mixed injury claims can claim full common law compensation for their non-whiplash injuries at the same time as the statutory tariff payment for whiplash, the court has ruled
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Claimant’s solicitors ordered to pay costs over dishonest injury claim
’Claimants’ solicitors are not immune from cost penalties,’ says partner
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How the broking landscape is changing post-pandemic
’Brokers have also realised that they are data brokers, not just risk brokers,’ says global head
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MGA issues plea as lithium batteries contribute to surge in fire-related home claims costs
’We urge manufacturers to work with insurers to help consumers,’ says managing director
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Apollo forms new partnerships for Lloyd’s Marine Builders’ Risk Consortium
’This new consortium offers Lloyd’s brokers a genuine alternative,’ says leader
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Axa Commercial appoints new director of SME intermediary
’His expertise will be crucial in helping us to create a seamless digital customer experience,’ says director
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Bikmo enhances proposition with new partnership
’We’re looking forward to working with dealers to support their business by adding insurance to the mix of services they offer their customers,’ says global head of partnerships
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UK&I leads way in European insurance M&A deals as transactions increase
’A number of landmark transactions continued to shape the evolution of the European broking landscape,’ firm says