Latest News – Page 179
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News
Change in the way insurers manage risk on the horizon
’For some of the risks that businesses face, they will require a transformational response,’ says managing director
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News
More than a quarter of top insurers could struggle to get cyber insurance – SecurityScorecard
‘Insurers setting standards that they cannot meet themselves could damage the credibility of those insurers whole,’ says insurance solutions director
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Insurtech launches platform to address commercial property underinsurance
’The platform ensures more accurate premiums and reduced risk for insurers,’ says chief executive
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Lack of awareness over ‘social good’ the insurance industry does - Liiba
‘Telling our compelling story about the value insurance contributes to society is a key tool we need to deploy’, says chief executive
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News
Warning as bogus insurance claims rise
’Turning to crime to make some quick cash is never the answer,’ says detective chief inspector
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Lloyd’s of London responds to young brokers’ underwriting room concerns
New research revealed that the majority of young brokers wanted their working life to comprise of at least 50% face-to-face trading with underwriters
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Firms need to be ‘mindful’ of impact of AI on vulnerable customers – ACSO
New technologies should be ’carefully considered at the development stage and regularly reviewed’, says executive director
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Covéa appoints new UK chief executive as Adrian Furness confirms departure
New appointee says he is ’honoured by the trust the board of directors has placed in me’
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Underinsurance spikes among broker HNW clients – Ecclesiastical
’Brokers play a vital role in ensuring their clients have the correct cover in place’, says art and private client business director
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New campaign being developed to attract young talent to insurance industry
’The general perception around insurance is that it is boring and old fashioned,’ says vice president
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Blink Parametric forms new partnership to launch bespoke travel products
’We look forward to enhancing their travel insurance product offering,’ says chief commercial officer
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Research
Insurance Times’ 2023 MGA survey is now open!
The 2023 Insurance Times MGA survey is now open for brokers to share views on their service experience with MGAs over the last 12 months
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News
Former minister joins Markerstudy as non-executive director
’He is expected to perform a significant role on the board overseeing claims,’ says statement
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Individual directors face risk of climate-related law breach accountability – Kennedys
D&Os and their insurers should take a proactive approach in monitoring and dealing with risks amongst their insureds, says partner
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News
AssuredPartners announces acquisition of Irish broker
’We remain an active buyer of quality brokerages and would expect to increase our GWP over the next calendar year,’ says chief executive
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IT Interview
Glenn Stevens: Loss adjusters a ‘fourth emergency service’ for customers in time of need
The senior major and complex claims adjuster explains the importance of building relationships after being crowned Claims Champion of the Year
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News
Avantia’s customer growth triggers boost in turnover
’We continue to see significant opportunities to use the capabilities we have developed for the non-standard home insurance market,’ says chief executive
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FCA imposes restrictions on four insurance firms amid AR crackdown
’Thanks to our tougher rules and new reporting requirements, we have been able to take increased action,’ says director of insurance
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How AI helped an insurtech pay out a UK claim in just two seconds
Chief executive says insurers ’must keep up to stay competitive’
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Biba teams up with net zero delivery partner to help brokers achieve sustainability goals
’Many brokers are struggling to take their first steps towards net zero,’ warns chief executive