Latest News – Page 173
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NewsIncreased upheld FOS complaints ‘does not exactly scream fair value’
The latest results should make a ‘worrying read for insurers’ as the Consumer Duty deadline looms, says co-founder
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NewsWhy insurance industry should focus on long-term gain of Consumer Duty regulation
Head of consumer strategy says there are ’rewards to be had’ by companies that get the implementation of the new regulation right
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NewsHomeowners warned they might be underinsured if they make this switch
’Underinsurance [is] a key cause of complaints in home insurance,’ says provider of automated property valuations
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NewsZurich UK floats withdrawal from home and motor broker distribution
The insurer has proposed plans to refocus its personal lines home and motor business
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NewsInsurtech Lemonade totals more than £1.5m for charity scheme
’Giveback is just one way Lemonade is able to weave social impact into our products and business model’ says co-chief executive and co-founder
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NewsLloyd’s appoints new corporate affairs director
’Our new corporate affairs team will help Lloyd’s build stronger relationships with all our stakeholders,’ says chief executive
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NewsAllianz appoints new personal lines director of pricing
’I’m thrilled to be joining the business at such an exciting time and look forward to working with my new colleagues,’ says new appointee
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NewsBiba announces strong 2022 performance after boost in broker business
’We thank our members for their ongoing support,’ association says
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NewsMotor premiums rise in Q2 2023 amid ’soaring cost of claims’ – Pearson Ham
’Indicators suggest that the trend of rising premiums will continue,’ says insurance pricing director
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NewsQuestGates snaps up consultancy to expand building services portfolio
‘This is the first of a number of potential developments which we anticipate completing this year,’ says managing director
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NewsClear Group builds MGA proposition with acquisition
The acquisition will ‘help deliver better customer outcomes across a number of specialist lines of business’, says chief executive
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NewsBlink Parametric plans hiring spree after opening new headquarters
’This investment in people, infrastructure and research and development (R&D) will serve Ireland’s economy,’ says minister
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NewsCFC launches new innovation facility
Head of innovation says move comes as ’insurance sector struggles to track the shift from physical to intangible assets’
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NewsZego advances claims management with new in-house system
’We are very excited to announce our transition to in-house claims handling,’ says chief executive
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NewsMore insurance consumers using credit when obtaining cover – Premium Credit
However, ’there is a growing issue that getting credit – and credit cards in particular – is becoming more difficult,’ says strategy, marketing and communications director
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News AnalysisBriefing: Cyber insurance is an opportunity – but industry needs mindset to seize it
Cyber uptake may be low, but is there more to the issue than business apathy to the risks?
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IT InterviewGraeme Trudgill: ‘I want to get more engagement between the FCA and Biba members’
’We will invest a bit more in the regulation section of our business because that’s the member priority,’ says new chief executive
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NewsPPL names successor to outgoing Masojada
New appointee says he is looking forward to create ’the insurance market of the future’
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NewsCompre appoints new chief operating officer
’He is a highly acclaimed and leading figure,’ says chief executive
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NewsBroker partners ‘should start to feel difference’ of new Allianz structure – Hobbs
’It makes it easier for our brokers and partners as we conduct ourselves with them in a more streamlined way,’ says chief distribution officer
