Latest News – Page 191
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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NewsMillions of UK homes at risk of underinsurance
’It’s shocking to see that so many might not have the coverage they need to keep their possessions safe, says expert
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NewsAir pollution ‘fastest growing’ protection gap
’We need to educate ourselves and our organisations,’ says head of research
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NewsFlood damage reported to insurer after storm nears £10m
’As a nation, we need to become more resilient to extreme weather events,’ says head
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NewsAllianz Holdings sees record growth in 2023 despite ‘challenging’ inflationary pressures
’We have more to do, but performing so well in tough conditions demonstrates our resilience and stability,’ says chief executive
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NewsGallagher Specialty to enhance use of parametric insurance
’Parametric solutions are incredibly versatile,’ says head of climate strategy
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NewsC-Quence expands management liability offering with legal expenses product
’We believe this is the first time legal expenses cover has been included as part of a technology led management liability suite,’ says chief executive
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News‘Room for improvement’ – FCA reveals brokers’ Consumer Duty performance
’We do not want to see firms waiting to see if we will intervene to address an issue,’ says executive director
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NewsPPL hires ex-London Stock Exchange boss as chief executive
’He’s uniquely placed to lead PPL’s digital transformation,’ says chairman
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IT InterviewDiversity of fraud is ‘biggest challenge’ for UKGI market – IFB
The IFB’s first published business plan seeks to define ‘the foundations to implement meaningful change and ensure we can service other product lines’, says director
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NewsInsurtech UK reveals first broker network to join trade body
’This is a fantastic opportunity for both our members to collaborate and help each other in a rapidly changing insurance market,’ says managing director
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NewsAon’s £10.6bn acquisition of NFP passes key US test
’The transaction is expected to close in mid-2024,’ says broker
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NewsZurich UK reports 9% growth in P&C arm during 2023
The growth came as the insurer continued its focus on broker and customer propositions
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NewsAxa reports €19.3bn P&C gross written premium in Europe for 2023
Chief executive explains that ‘the role of the insurer has completely changed’
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NewsIsle of Man regulator and insurtech demonstrate ‘power of collaboration’ with AI partnership
’This collaboration underscores our commitment to embracing innovative technologies for our stakeholders to use and [strengthens] our regulatory standards,’ says head of supervisory practices and innovation strategy
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NewsQBE narrows gender and ethnicity pay gaps
While progress to reduce pay gaps has been made, “challenges remain” that need to be addressed, says people director of culture and employee experience
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NewsBeazley launches new cyber security arm
’We are creating a force capable of addressing the challenges head on,’ says global head
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NewsAon snaps up broker veteran for new c-suite role
’We are thrilled to work with him to help our transportation and logistics,’ says chief executive
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NewsConcirrus moves into profitability after 204.6% revenue boost
’Having bought out our venture investors in early 2023, financial stability became a priority,’ says chief executive
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NewsEx-Aviva chief executive joins Brown and Brown Europe board
’I look forward to assisting the team as they work to deliver on their future strategic plans,’ says appointee
