Latest News – Page 129
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News
‘More work to be done’ to address looming DEI challenges for 2024 – Ican
’The increase in events focused on DEI, along with rising attendance at these functions, demonstrates a growing engagement among employees,’ says cofounder
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Insurers warned of increased scaffolding costs as Storm Henk batters UK
’The combined impact of material cost inflation, material shortages and labour shortages means increasing costs,’ says head
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Insurance to drive AI reforms as litigation risks increase
’We expect to see discrimination, bias and privacy concerns amplified as key risks and probable litigation targets,’ says partner
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News
Bosses showing signs of ‘over-confidence’ on D&I strategies ahead of FCA policy
’It’s interesting to see the confidence in the sector when it comes to progress being made on D&I policies,’ says UK head
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Reinsurer behaviour towards UK motor market ‘mixed’ at 1 January renewals
’The reinsurance cost per car on the road has increased,’ says broker
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Gallagher reveals plans to expand European presence
As part of this, the firm has appointed a new chief commercial officer for its European broking operations
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Insurer issues warning as more vandals target heritage organisations
’It is concerning to see that graffiti and anti-social behaviour has increased,’ says customer segment director
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Staysure Group appoints new chief executive
’I’m excited to be leading Staysure into this new era of transformation,’ says new appointee
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The Insurance Times Awards 2023 Digital Supplement is now live
Catch up on all the glitz and glamour from the evening with this exclusive round up of gold winners
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Firms warned that AI could impact liability claims
’Organisations need to be aware of these risks and how best to mitigate them,’ partners say
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Newly launched MGA secures £1.6m investment from BP Marsh
’With their support, we look forward to achieving our long-term goals,’ says cofounders
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Beazley closes cyber catastrophe bond worth over £100m
’We must keep evolving as a market,’ says global head
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Insurance bosses optimistic about Q1 2024 growth despite seeing inflation as ‘biggest challenge’
’With interest rates set to stay high in a bid to tackle persistent inflation, it will be interesting to see what impact this has on sector confidence,’ says UK head
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R&Q confirms retirement of cofounder
’On behalf of the board and everyone at R&Q, I want to thank him for everything he has contributed,’ says chairman
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Malago grows client base with broker acquisition
’I am confident that we will be able to offer a seamless transition,’ says managing director
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1 January 2024 reinsurance renewals ‘relatively stable’ as market conditions improve
’The reinsurance market has stabilised after last year’s exceptionally challenging renewal,’ says chief executive
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Aviva chief executive Blanc awarded Damehood
She has been made a Dames Commander of the Order of the British Empire
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IT Interview
Festive reflections: James Cowen
As the festive period comes to a close, deputy news editor James Cowen reflects on his first year at Insurance Times and what he hopes for 2024
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IT Interview
Festive Reflections: Clare Ruel
Wrapping up the festive period, technology editor Clare Ruel takes a jolly look back at 2023 and what she hopes for the year ahead
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News
Insurance Times Review of the Year – Q4 2023
Insurance Times looks at highlights from Q4 2023 in its review of the year