Latest News – Page 172
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Financial and Legal forms new partnership as it targets private rental sector
’The partnership signals our longer-term strategy,’ says managing director
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Drivers with penalty points at risk of significantly heightened premium costs – Forbes Advisor
’Data shows a drastic increase from just one to three points,’ says expert
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Flood Re grows policy numbers and GWP despite profit drop
The mutual reinsurer has also given an update on the uptake of its Build Back Better scheme
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Boohoo responds to reports of suppliers’ credit insurance getting slashed
Credit cover insures suppliers against the risk of their client going bus
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Axa backs Winslow plea as it calls on government to further protect properties
Insurer warns vulnerability to flood risk ’will only continue to grow’
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Munich Re Specialty Group snaps up Parhelion Underwriting founder for new role
Chief executive says appointee is ’ideal candidate to accelerate the growth’ of its green solutions portfolio
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Howden expands driving data capabilities with new chief data officer
’I am really excited to be joining the technology and data team,’ says new appointee
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Konsileo and Intelligent AI taps data analytics firm for better risk profiling
’Finding trustworthy data, reliably available when needed, is a huge priority,’ says lead developer
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Keoghs reveals insurer plans as Yorkshire expansion announced
Partner says new office will ’allow us to seamlessly integrate with our insurer clients’
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Carbon Underwriting secures investment to support expansion
’We are excited to embark on this next phase in our journey of transformation and growth,’ says chief executive
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Arag Group inks deal to acquire Das UK
The acquisition ties in with Arag’s ‘strong’ investment in the UK legal expenses insurance segment, says managing director
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The challenge insurers face as consumers more likely to self-purchase cover online
Insurers need to ensure consumer needs are serviced ‘at the right time and through the right channels’, says insurance lead
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Technology Champion of the Year 2023 shortlist unveiled
Seven technology trailblazers in the insurance industry have been shortlisted by the Insurance Times editorial team to pick up the accolade at the Tech and Innovation Awards 2023 – but who will be crowned the winner?
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Backchat: July/August 2023
Throwback 80s and 90s insurance singing boy bands, awards, Formula 1 and a former professional footballer, what has the insurance industry been up to of late? You heard it here first…
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RSA expands professional indemnity offering with new product for brokers
Head of professional indemnity says new offering ’will play an important role in helping us meet the diverse needs of our brokers and customers’
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Balance of hybrid working needs to be adjusted as Allianz introduces new capabilities – Hobbs
’We’ve invested hugely, particularly in the digital trading space, and are looking to capitalise on these advancements,’ says chief distribution officer
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IT Interview
Paul Wingfield Q&A: What the delegated MGA market should move ‘entirely away from’
’We do see an increasing number of carriers agree that this is the way to bring stability to their own participation in the MGA market,’ says managing director
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FCA publishes regulatory approach to AI and big tech
’Any regulation must be proportionate enough to foster beneficial innovation,’ says chief executive
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IT Interview
Ben Legg: eTrade SME commercial sector ‘quite competitive’ but opportunities ahead
’Brokers are a real distribution engine, they maintain and improve relationships with the SME commercial consumers,’ Open GI’s chief product officer tells Insurance Times following this year’s eTrading survey results
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NBS snaps up Lloyd’s coverholder to strengthen position in broker market
The move delivers ’significant synergies and grants our brokers a competitive advantage’, says managing director