Latest News – Page 160
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Connect Underwriting launches new specialist MGA
’Distribution will be via our existing international partners and the London broking community,’ says chief executive
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Policy Expert ‘broadening’ distribution relationships after ‘best month’ for renewals
’We’re laser focused on continuing to grow our market share,’ says executive chair
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Insurtech UK names former CII director as first chief executive
’This is a crucial time for the sector,’ says new top boss
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Reinsurance sector undergoing ‘dynamic shift’ as it seeks opportunities in primary insurance – AM Best
‘It’s certainly one of those trends that is here to stay,’ says managing director for analytics
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General insurers’ profitability to lag behind cost of capital in 2023 – Swiss Re
‘The elevated risk landscape calls for more frequent adjustments to underwriting practices,’ says chief underwriting officer
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Backchat: September 2023
From film premieres, broker podcasts, birthdays and encounters with TV broadcast journalists, what has the insurance industry been up to of late? You heard it here first…
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Cowbell continues UK expansion with new cyber product launch
’Cowbell is committed to addressing cyber risk challenges on a global scale and our expansion into the UK is a testament to this,’ says general manager
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Gallagher aims to remove insurance ‘barriers’ for students
’We removed as many barriers as possible to make our cover easy to understand,’ says managing director of SME and partnerships
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Lloyd’s Lab names cohort 11 insurtechs as it approaches fifth anniversary
The accelerator is ‘continuing to grow the global reach of Lloyd’s Lab’ says senior manager
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Direct Line Group posts COR of 106.4% for H1 2023
The insurer made an operating loss of £94.4m across the most recent period
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Vast majority of motor insureds worried about premium rises – ALA Insurance
’2023 will undoubtedly be tough for consumers and insurers alike,’ says head of UK general insurance
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Lloyd’s H1 2023 results swing back into profit
’These results set us up to deliver on our positive financial outlook for 2023,’ says chief executive
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RSA agrees ‘transformative’ deal to acquire DLG’s commercial lines operations
The deal ’really turbo boosts our existing strategy for our broker proposition and our customer proposition in commercial,’ says chief executive
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Lloyd’s Market Association appoints new underwriting director
’Her extensive experience and board-level perspective makes her the ideal person,’ says chief executive officer
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Travel insurance leads personal lines for potential growth
’This growth in annual travel insurance is reflective of a growing confidence and for many, a return to their normal calendar of travel,’ says chief executive officer
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Gallagher buys UK holiday and leisure homes broker
The purchase will ’enhance our UK retail capabilities in the niche personal lines space,’ says chief executive
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Specialist Risk Group launches entertainment, media and sport division
’SRG has been relentless in its pursuit of specialisms bringing together leaders from across the market to flourish in a specialist environment,’ says chief executive officer
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Marsh McLennan appoints two new c-suite executives
’Under their leadership, Marsh McLennan colleagues across the UK will be in an even stronger position to deliver greater client value,’ says chief executive
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RSA appoints new chief underwriting officer for commercial lines
’We have a very strong commercial lines business that’s performing well and which we have ambitious plans for,’ says chief underwriting officer
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Biba calls for ‘no further increases’ to IPT rate as record revenues reached
The trade body has also called for ’an exemption on premiums for impaired high rise, multi-occupancy buildings’ awaiting remediation, says head of GI