Latest News – Page 121
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Howden announces new chief operating officer
’He will provide important leadership as we grow scalable, consistent and world-class operations,’ says chief executive
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UK entering 2024 ‘more positively’ with insurance rates – Marsh
’Underwriters in all areas continue to focus heavily on valuations in light of global inflation,’ says placement leader
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Rokstone appoints new head of claims in strategic shake-up
The hire brings over 15 years of insurance industry experience to the role
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Axa to withdraw from motorcycle market
’This change will allow us to further strengthen our offering across our other intermediated products,’ says spokesperson
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Coalition appoints first UK claims leader
’I am delighted to join Coalition at such an exciting time,’ says new appointee
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Concerns raised over FOS' 'stealth tax' plans for complaints
’This is no way to proceed,’ says executive director
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Ardonagh Advisory expanding health and protection portfolio with broker buy
’We’re actively exploring options to expand,’ says chief executive
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Digitisation of London market will ‘empower’ face-to-face trading
’Personal relationships will still be critical,’ says chief executive
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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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‘Significant shift’ expected in insurers’ approach to AI
Company highlights four challenges for insurers to watch out for as firms move beyond common AI uses
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Prices rise across personal lines sector in January 2024
’How long this will continue to remain is difficult to determine,’ says director
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Time to Talk: Shining a spotlight on the industry’s mental health initiatives
‘Sometimes it’s easier to tell people we’re fine than to say how we really feel’, says charity
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Luxury watch theft ‘growing concern’ for insurance sector
’It is a common worry for underwriters, brokers and, of course, the individuals who are the victims of such crime,’ says director of private clients
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Government of Gibraltar and Insurtech UK renew Statement of Intent deal
’We remain committed to supporting our insurtechs on their authorisation journey,’ says chief executive
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FCA responds to fears it will ban Gap insurance
’We’re disappointed with the market’s response to our warnings,’ says regulator
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US-based Hadron expands into UK with acquisition
’Hadron’s entry into the UK is a testament to the impactful global approach it has developed,’ says managing director
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Clear Group buys London-based high net worth broker
The intermediary’s ‘strong and growing offering in the HNW’ arena makes it a ‘perfect fit’ for the smaller broker, says managing director
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Astute Insurance Solutions snaps up property specialist broker
The experience of the acquired firm’s owner ‘will enrich our business and broaden the range of services we offer’, says managing director
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Claims costs crank up motor premiums by 12% between 2023’s Q3 and Q4
Trade association confirms that motor insurance premiums have accelerated 34% year-on-year
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Jensten Group expands regional presence with broker buy
’It was very important to us that we joined a business that understood our growth ambitions,’ says director