Latest News – Page 157
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‘We rely on them to feed us’ – brokers praised for role in capturing data
’We are beholden to the broker,’ says chief operating officer
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Lloyd’s forms new partnership to increase insurance access in climate-vulnerable countries
’Insurance has a vital role to play in building resilience against climate-related risks,’ says chief executive
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Ripe snaps up specialist boat insurer as it enters next growth phase
’This is a landmark moment for Ripe as we expand our boating portfolio,’ says chief executive
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FCA to clamp down on ‘outliers’ in cyber insurance market
’We are concerned that uncertain cyber policy wordings may result in firms not meeting their customers’ needs,’ says regulator
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Insurtech Kayna closes funding round
’This funding is already powering our new business development and partner onboarding in the UK and US markets,’ says chief executive and cofounder
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Lloyd’s releases new images of refurbished underwriting room
’In this new chapter for the underwriting room, we have not lost sight of our historical roots,’ says chairman
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Broker Verlingue announces two new hires as part of expansion plans
’We have been delighted by the number of high-quality professionals who have expressed a desire to join Verlingue,’ says corporate director
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PIB Group appoints new chief executive for underwriting and schemes
’He joins us with international MGA experience across many continents,’ says deputy chief executive
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‘Totally unacceptable’ – reaction after justice committee releases OIC report
’Overall, it has been an inauspicious start to life for the OIC,’ says executive director
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FCA issues fair value warning as it slaps Gap insurance providers with ultimatum
’This is an early signal of the work we’ll be doing under the Consumer Duty,’ says director of insurance
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Lloyd’s chairman highlights three main challenges in insurance sector
He also stresses that the insurance profession needs to ‘up its game’ for customers
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MS Amlin appoints Aviva veteran as new chief financial officer
’Her experience in transformation and delivering client solutions will be enormously valuable,’ says chief executive
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Brown and Brown Europe set to snap up MGA in first acquisition since rebranding
’Occam sits exactly in our appetite for specialist underwriters with deep experience of the niches they cover,’ says underwriting boss
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Home insurance payouts surge at faster pace than premium prices in Q2 2023
’Insurers continue doing all they can to offer competitively priced cover,’ says director of general insurance policy
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Online Safety Bill is now set to become law – this is how it will tackle online fraud
Ofcom will be largely responsible for enforcing the bill
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Excessive alcohol consumption fuelling exclusion and harassment in insurance sector
’It’s crucial to create productive spaces for honest discussions around EDI,’ says professor of sociolinguistics
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MPs demand answers amid ‘growing’ backlog in OIC portal and rising premiums
The justice committee has published its findings after calling for evidence on the impact of whiplash reforms
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Poloworks launches new digital division to support digitisation of London market
’We are very much aware that going forward, brokers will need more full-time support,’ says chief executive
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The Clear Group continues acquisition spree with regional broker buy
’It’s another great example of Clear investing in smaller brokers,’ says chief executive
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MLP announces executive leadership team reshuffle
’It’s a pivotal time for us as more businesses explore ways to combine insurance and data science,’ says chief executive