Latest News – Page 174
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News
Beazley announces next stage of ESG consortium development
’Clients will continue to receive additional capacity based on the same scoring criteria,’ says statement
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Hiscox partners with IS2 to bolster broker schemes
’It is essential that schemes remain flexible, accessible and responsive to rapidly changing market needs and that they run efficiently,’ says head of digital trading
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Subsidence insurance payouts forecast to swell due to extreme heat – PwC
’With repeated very hot summers, we are seeing a rise in subsidence cases,’ says general insurance leader
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Sabre moves pricing and direct insurance platforms to insurtech
The move will ’allow us to realise operational efficiencies’, says chief executive
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Revealed: Insurance Times’ Tech and Innovation Awards finalists 2023
The finalist shortlist for Insurance Times’ Tech and Innovation Awards 2023 is in, have you made the cut?
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Investors remain cautious despite rise in M&A deals in 2023 – EY
’Economic headwinds at the start of the year caused many lenders to pull back from financing large deals,’ says leader
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IT Interview
Neil McCarthy Q&A: ‘Constant recycling of underwriters in company markets creates further instability’
MPR Underwriting managing director provides an overview of factors impacting MGAs today
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Zurich announces successor to Aviva-bound Taylor
’She brings a wealth of sales and market experience to the role,’ says statement
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Ardonagh Advisory completes hat-trick of M&A deals within a week
’It’s clear that we’re always looking to have conversations with people who are interested in joining the group,’ says chief commercial officer
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Greens targets growth on south east coast with new acquisition
Chief executive says acquired firm is an ’excellent business that expands our footprint’
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Ransomware incidents up by nearly 50% in 2023 – Howden
’Certain groups are now accessing networks to change or even destroy data and then demanding ransoms,’ says report
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Revealed: The biggest mistakes MGAs are making with data
Experts at the MGAA conference discuss why data is important in securing capacity
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NZIA an ‘empty shell’ after decision to drop target rules
’[It] opens the door for further net zero greenwashing by the insurance industry,’ says coordinator
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Aviva announces new hires in commercial lines and distribution reshuffle
’We have all the necessary ingredients to continue to grow and achieve our plans and ambitions,’ says distribution and SME trading managing director
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Pen Underwriting expands marine specialism with new acquisition
’The business, with its well-respected management team, creates a superb platform for our wider international expansion,’ says chief executive
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Ardonagh Advisory continues acquisition spree with commercial broker purchase
’This is a business that has longstanding and preferential carrier agreements with leading insurer partners,’ says chief commercial officer
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News
Zurich inks insurtech partnership to boost embedded insurance proposition
’We’re excited about the opportunities that lie ahead,’ says chief executive
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Humn.ai partners with insurer to boost taxi fleet market presence
Chief commercial officer hopes partnership will ’help drive down costs and improve safety on the road’
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News
The Clear Group announces dual broker buy
The two acquisitions will ‘help us deliver on our ambitious plans’, says group chief executive
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Insurance telemarketing business joins Jensten Group in latest acquisition deal
‘This is a strategically important acquisition for us’, says group marketing director