Latest News – Page 152
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NewsNew sustainability data standard launched
The standard aims to ‘soothe’ a ‘growing pain point’ between underwriters, insurers and insureds
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NewsCity offices of major insurers attacked in protest
Chubb, Tokio Marine, Markel, Lloyd’s of London and QBE were all targeted
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NewsInsurance premiums drop for young drivers
’Whilst there’s no guarantee that these premiums are going to continue to fall, it’s certainly a step in the right direction,’ says chief executive
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WebinarWatch: Navigating Excellence – A deep dive into the 2024 eTrading Report results
In the discussion, the expert panel joined deputy editor Yiannis Kotoulas to examine what makes for excellent eTrading performance – what works best, how to create eTrading excellence, the things brokers are looking for and more.
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NewsAllianz launches new motor proposition for personal lines market
’We’ve developed this with our customers in mind,’ says managing director
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NewsSignificant losses estimated after mass IT outage
’This scale of loss could make the event the largest single insured loss event in the history of the affirmative cyber insurance industry over the past 20 years,’ says firm
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NewsFamily run broker secures increased investment
The broker is aiming to achieve the £25m GWP mark by 2028 following the deal
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NewsBlueprint Two’s ‘continual slippage’ in delivery raises market concerns
’The delayed progress is down to an underestimation of the scale of the project by market participants themselves,’ says chief executive
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NewsUK insurer tops global cyber GWP rankings
’The trend towards fragmentation is likely to continue in 2024 as cyber business expands more rapidly outside of the US,’ says market analysis firm
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NewsRecorder aims to give brokers ‘competitive edge’ with AI platform
Brokers should not restrict themselves to collaborating with just one tech provider – insurtech chief commercial officer says its ability to ‘play nicely’ with other software firms can benefit brokers
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NewsGhost broking activity continues to rise – IFB
Ghost brokers can ’leave victims seriously out of pocket’ and put policyholders ’into trouble with the police for driving without insurance,’ says director
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NewsClass action lawsuit launched over ‘national scandal’ of hidden insurance commissions for leasehold buildings
’The plight of leaseholders and their unconscionable and unlawful treatment by some freeholders is nothing short of a national scandal,’ says leading solicitor
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NewsClear Group expands regional presence with acquisition
’This is a profitable business which has a track record of delivering year-on-year growth,’ says chief executive
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NewsPancentric Digital initiative to boost MGA digital transformation
’It’s not about eliminating spreadsheets but rather working with familiar tools to facilitate ease of use,’ says founder and director
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NewsOne of England’s oldest cricket clubs bans sixes over insurance claim fears
’We don’t want to have to pay costly insurance or have any legal claims against us,’ says treasurer
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NewsCaledon Group acquires specialist broker
The transaction will see the broker move forward with a new executive team
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NewsMarkel inks deal as it looks to strengthen underwriting processes
’Technology transformation is at the forefront of our strategic ambitions at Markel,’ says international chief operations officer
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NewsAspen appoints new chief data and analytics officer
’He has the skills, experience and vision to take our architecture, data and AI capabilities to the next level,’ says chief operating officer
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NewsVan insurance premium rises starting to slow
Q2 2024 saw the lowest increase across the last five quarters
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NewsSRG acquires specialist MGA
’The team enhances our specialist underwriting capability and access to the London market’s area of expertise,’ says deputy chief executive
