Latest News – Page 149
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Axa partners with research hub to mitigate climate transition risk
Head of climate says move will evolve ’our assessment of risk management from linear thinking to a more systemic approach’
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Zurich prioritising ‘prevention rather than cure’ over extreme weather claims
’In the last couple of years, we have seen significant events such as storms and flooding,’ says chief of claims
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IFB issues travellers warning amid fraud concerns
’Any fictitious or exaggerated expenses for what otherwise would have been a genuine claim is still fraud,’ says director
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Jensten to bolster mid-market proposition with new acquisition
’It is a great acquisition for lots of reasons,’ says managing director
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Insurers urged to make ‘strategic changes’ on data use as they chase profitability
’It really is a chance to thrive in that dynamic environment,’ says chief executive
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Cars to be removed from Luton Airport car park after insurer discussions
’We will work with insurers to inform them of the process of recovery,’ says operations director
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CII’s Vallance identified as ‘frontrunner’ to become top boss of accountancy watchdog
It is unclear if he has been given a formal offer
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories of this week
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Markel makes strategic investment in tax MGA
’We believe the business has plenty of headroom for growth in the coming years,’ says divisional managing director
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CII announces 2023/24 New Generation programme cohort
’The New Generation programme is an exceptional development opportunity,’ says director for policy and public affairs
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Allianz Commercial expands digital offering to bolster eTrading for brokers
’We’ve been investing heavily in our eTrading capabilities,’ says director of digital trading
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Ransomware attacks changing ‘quite dramatically’ amid ‘massive uptick’ of cases
’The malware started to drop away, so it’s just cyber extortion,’ says chief executive
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ABI issues Luton Airport fire update as insurers contact customers ‘as quickly as possible’
’Insurers continue to do all they can to help their customers,’ says association
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PeppercornAI addresses rising costs in motor industry with SaaS offering
’We’re on a mission to help the entire industry accelerate its digital transformation’ says chief executive
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Loadsure granted DCA status by Lloyd’s
’We believe this milestone will mark a major turning point for the market,’ says chief executive
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RSA announces completion date for acquisition of DLG’s commercial lines operations
The purchase has been agreed for an initial fee of £520m
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Biba launches new fair value framework for brokers after FCA announcement
’Biba members are committed to providing fair value to the customers they serve,’ says chief executive
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Sabre grows motor business despite battling ‘very high inflation’
’We have been able to increase prices at a level to cover high on-going inflation,’ says chief executive
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CFC set to launch cyber monitoring centre in 2024
’The need to properly address systemic cyber risk has become more pressing than ever,’ says head of cyber strategy
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Jensten expands regional presence with broker buy
’Increasingly, we’re talking to brokers who are considering a sale,’ says retail managing director