Latest News – Page 146
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Insurance update issued as Luton Airport confirms car park will be demolished after fire
’It is reassuring to note that the vast majority of insurance claims have been settled,’ says operations director
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Partners& continues to build its Midlands presence with new deal
’By joining forces with Partners& we will be able to offer clients, both old and new, a truly unbeatable proposition,’ says managing director
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week, 30 October to 3 November 2023
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Heightened fraud risk in the wake of recent storms – McLarens
’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigation
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Howden Scotland expands UK footprint with first acquisition since rebrand
’This decision marks the culmination of careful consideration,’ says senior partner
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SME broker reveals plans for new office in 2024
‘There is a wealth of insurance knowledge around Stoke-on-Trent and beyond which makes it a great location for a new office’, says managing director
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Jensten completes acquisition of One Broker Group
The deal ‘highlights the strength of Jensten’s proposition to brokers contemplating a sale where a clear commitment to retaining a regional presence is important’, says chief executive
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FM Global appoints new executive vice president
The new appointee will assume responsibility for overseeing various global market divisions
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Page to step up as Aon combines UK and EMEA operations
’Operating as one united region will simplify our organisational structure,’ says president
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New GTA independent chair appointed
’I look forward to playing my part in effecting the compromises that will be required to get a successful result,’ says new appointee
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Movo Partnership steams ahead of 2023 GWP target
‘I never fail to be impressed by the entrepreneurial gusto of independent brokers,’ says managing director
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MGA pens agreement to promote for head of cyber
The firm’s managing director of international said its cyber portfolio is ‘primed for further expansion’ under the new leadership
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Cowbell ‘deepens focus’ on US and UK SME markets with new investment
‘This milestone is a testament to our expertise, culture, and market leadership’, says founder
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Storm Babet a warning for UK insurers to focus on building resilience
’Insurance can be a very important part of building resilience to the increase in weather-related disasters,’ says senior lecturer and coauthor
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Iprism promotes two employees to ensure team leads with ‘confidence and expertise’
The appointees’ ‘skills and experience perfectly complement that of our existing board members’, says chief executive
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Tesco Bank appoints new chief underwriting officer
’He brings a breadth of experience and technical expertise,’ says chief insurance officer and underwriting chief executive
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HNW collectors want more risk guidance to protect possessions
’We understand the importance of protecting art, collections and valuable possessions,’ says underwriting director for art and private clients
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Insurers face surge in burst pipe claims this winter if homeowners keep heating off
’As temperatures begin to drop, the risk of frozen water leading to burst and damaged pipes rises,’ says manager
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And-E appoints new chief product innovation officer
’My new role will bring together commercial, market and future insight from both within and outside the business,’ says new appointee