Latest News – Page 13
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Insurance Times launches 2025’s exclusive Digital Adoption Report
Insurance Times has once again teamed up with software house Applied Systems to explore digital trends, risks and opportunities impacting UKGI
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Cyber MGA expands into mid-market
’Our aim is to make it easier for brokers to provide clients with access to insurance without getting bogged down with lengthy exchanges,’ says chief underwriting officer
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FCA clarifies position amid concerns over ESG impact on defence investment
’Strong leadership shown by FCA makes it clear that investment in defence is not a regulatory issue,’ says MP
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FCA abandons plan to ‘name and shame’ more companies it investigates
’Considerable concerns remain about our proposal to change the way we publicise investigations into regulated firms,’ says chief executive
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Backchat: March 2025
Delicious industry dining, a Roman footprint in the Square Mile, brokers on the box and a competitive rowing career – what has the insurance industry been up to of late? You heard it here first…
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Zurich updates Innovation Championship programme to scout for problem solving startups
Insurer introduces ‘venture client engine’ element to collaboration scheme, looking to build ‘eye to eye’ partnerships with startups
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FCA suspends broker’s permission to carry out regulated activities
The broker ’failed to pay periodic fees and levies owed to the authority as required under the handbook’, says regulator
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Agricultural broker launches new account executive academy
The programme allows participants to engage directly with insurer partners
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Strong interest in Esure as bids for insurance provider due in few weeks
Esure is currently owned by private equity firm Bain Capital
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SRG appoints Marsh leader as new head of corporate for retail pillar
’His experience, leadership and strategic approach make him the ideal person to drive our corporate team forward,’ says managing director
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Marsh appoints new president for specialty arm
’I am privileged to lead our talented global team and collaborate with them as we deliver on our commitments to clients,’ says appointee
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Aviva second insurer to announce legal action against Palestine Action
Protesters targeted the insurer’s office in Manchester, with some climbing on top of the revolving doors
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FCA signals potential ‘industry-wide redress scheme’ for motor finance commissions
’Under a redress scheme, firms would be responsible for determining whether customers have lost out due to the firm’s failing,’ says regulator
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Lloyd’s reports 2024 underwriting profit drop as COR increases
However, the marketplace also revealed that GWP increased 6.5% year-on-year
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Howden opens new office as part of UK expansion
’This modern, flexible space aligns with our commitment to fostering a hybrid working environment that supports collaboration and innovation,’ says chief operating officer
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Palestine Action climb and occupy Aviva’s Manchester office
Protesters began occupying the entrance of the office this morning
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PIB Group marks ‘exciting milestone’ with acquisition of London-based MGA
The move enables ’our MGA division to enter the next phase of growth’, says chief executive
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Pool Re launches consultation as it looks to enhance SME terrorism coverage
’We are reliant on market feedback to make sure that our proposals are sensible and deliver practical benefits for all,’ says chief executive
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Allianz to take legal action after Palestine Action climb and occupy City office
Insurer says it ’will not give in to threats and criminal behaviour that endanger the safety or security of our people, business and property’