Latest News – Page 119
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News
Asta receives Lloyd’s approval to deliver clinical trial funding insurance
’Clinical trial funding insurance is a revolutionary new insurance product that has huge unmet demand,’ says chief executive officer
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2024 outlook for UKGI ‘remains challenging,’ but regulatory opportunities lie ahead – Deloitte
’It’s very hard to set prescriptive rules with the nature of AI, as the use cases may evolve,’ says partner in EMEA centre for strategy for regulatory change
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Allianz Commercial reveals 2023 claims fraud saving figures
’We have seen an uptick across the board on all aspects of insurance fraud in 2023,’ says head of counter fraud
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Aviva issues Valentine’s warning amidst surge in high-end jewellery theft
’It’s crucial that individuals are sensible about when and where they wear expensive jewellery,’ says head of risk management
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Tokio Marine HCC International unveils new power proposition
’TMHCCI is dedicated to supporting energy businesses,’ says chief underwriting officer
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Predictive data key for ‘competitive edge’
’It can give an insurance provider an edge, especially in aggregator-exposed channels,’ managing director
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Uinsure ‘on the road to accelerate growth’ following minority PE investment
Former BGL Insurance chief executive has also joined the insurtech as non-executive director
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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Faraday Underwriting to focus on growth with new non-executive director hire
Chief executive says the appointee’s ‘skills, industry knowledge and strategic vision align perfectly with our goals’
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Prestige Insurance Holdings snaps up Londonderry broker
Chief executive flags the firm’s latest acquisition as a ‘pivotal step’ in its ‘ambitious expansion strategy’
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Insurers agree to suspend Gap sales after FCA investigation
’In its current form it does not offer fair value and we want to see improvements,’ says executive director
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Claims handlers exposed to ‘second-hand trauma’ by ‘distressing claims’
’Respondents could recall at least one traumatic claim that has stayed with them,’ says member
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Almost half of insurance workers not comfortable using AI for high risk activities
However, new research highlighted that most employees are set to embrace new technologies
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DLG announces Winslow’s start date as chief executive
’It’s a privilege to be invited to lead DLG into the future,’ says new top boss
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IT Interview
Creating AI regulatory framework set to be ‘significant piece of work’ in 2024
’We need to make sure that we have the right framework in place,’ says chief executive
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MSI EU rebrands as new interim top boss appointed
’His appointment is part of a new phase for MSI in the UK,’ says managing executive officer
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Markel strengthens London underwriting team with head of hull and war hire
The staffer promoted is ‘perfectly poised to take our hull and war business forward’, says director
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More young drivers want telematics policy for environmental benefits
’Environmentally conscious driving doesn’t just lead to lower premiums, but also lower fuel costs and slower driving speeds,’ says chief executive
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WTW reveals new parametric insurance policy
’This programme provides an exciting opportunity,’ says director
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Tokio Marine reaches agreement with Marsh to acquire MGA staff
’Our shared expertise, combined footprints and distribution networks will make for a formidable marine offering in London and beyond,’ says head of marine