Latest News – Page 141
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Government consultation on new captive insurance regulations welcomed
’We look forward to working closely with the government and regulators,’ says chief executive
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Protection gap at risk of rising as firms feel knock-on effects of headwinds
’The friction in the reinsurance broker [space] is very high,’ says chief revenue officer
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Pen Underwriting takes box at Lloyd’s to do more face-to-face trading with brokers
’We see Lloyd’s as a valuable distribution channel in Pen’s future,’ says international managing director
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John Lewis issues update after EV cover paused
The department store’s lending arm said it had halted offering new policies as well as renewals for EVs earlier this year
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Redline partners with Moody’s RMS to streamline underwriting processes
’This application will further enhance Redline’s market knowledge,’ says global head of sales
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FCA warns of clone pretending to be Axa
’This firm is not authorised by us, but has been contacting people pretending to be an authorised firm,’ says regulator
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Sabre Insurance hit by cyber attack
’Our retained IT security partner assisted with the management,’ says statement
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Howden highlights how risk-sharing systems can help climate vulnerable countries
’Risk sharing systems empower hard won loss and damage funds to provide structural financial security,’ says chief executive
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CFC announces ‘game-changing’ cyber cover upgrade for professional service providers
’We’re making it easier for brokers to open the door to the value of cyber cover to clients,’ says head
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Firms not using data risk becoming ‘siloed’ from industry
‘Data-led decision making is no longer the preserve of those at the forefront of the innovation adoption life cycle,’ says chief executive
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Sabre chairman passes away following illness
’Everyone associated with Sabre would like to express their deepest sympathy to his family,’ says insurer
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Dickson and Co snaps up broker as part of expansion plans
The firm says it will become a ’significant personal and commercial lines player in the UK and Ireland marketplaces’
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Earnix names biggest challenge for UK insurtechs
’It’s difficult because there are multiple factors contributing to it,’ says chief executive
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Vi Digital announces new deal to bolster underwriting ahead of London market launch
’The platform is a good solution for us,’ says chief executive
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Claimant who forged daughter’s birth certificate and sought £600k of fake damages jailed
’The level of deception was exceptional,’ says claims manager
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Millions of homeowners at risk of underinsurance as house rebuild costs surge
’As house prices fluctuate, it’s important not to confuse your home’s value with its rebuild cost,’ says expert
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Zurich UK ‘exploring new ways’ to enhance consumers’ claims journey
’Our main focus is on providing the right tools for the right circumstances,’ says head of express claims
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Motor insurers need to be ‘flexible and adaptive’ over approach to connected cars
’As more of those vehicles come on the road, it will be obvious what additional risks are and how we need to handle the data, says senior VP
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Innovation within insurance market now ‘more crucial source’ of competitive advantage
’One of the major levers in the insurance industry’s strategic toolkit is innovation,’ says head of innovation
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Provenance continues growth in private client sector with new supercar proposition
’This partnership is a natural extension of our commitment to delivering tailored insurance solutions,’ says director