Latest News – Page 191
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NewsAxa Commercial cuts ribbon to new Southampton branch
’The team are equipped to help brokers respond to the specific opportunities and challenges of the region,’ says distribution and trading director
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NewsTokio Marine HCC International opens ‘dedicated space for brokers’
’We hope the broker lounge will, in time, become the key meeting point for many of our broker partners,’ says chief underwriting officer
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NewsUK&I forecast to see lower insurance M&A deal volumes in 2023
’M&A cooled in 2022 after a record-breaking period and it is expected that activity will normalise at a lower baseline in 2023,’ says report
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NewsWefox scoops HR veteran in c-suite hire
Chief executive says he is impressed by the culture the new recruit created in his former role
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NewsAviva forms new partnership to roll out suite of cyber products
’It will play an important role in helping our customers improve their security capabilities,’ says head of cyber
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NewsVerlingue announces new hire to lead Midlands and south west expansion
Corporate director says there is ’huge potential for growth’
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NewsCovéa COR soars during ‘very challenging’ 2022
The insurer has ‘undertaken a strategic review’ with the aim of returning to profitability
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NewsArma Karma gets ‘stamp of approval’ as it seals £1.5m in funding round
The insurtech MGA now has several projects in the works
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NewsLloyd’s of London proposes to insure NHS for unexpected costs
Lloyd’s chairman says one challenge the government has is ’around peak demand in the NHS relative to NHS budgets’
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NewsAxa XL appoints new global head of diversity, equity and inclusion
The hire joins from Markel and owns a consulting company focused on progression
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NewsAviva Ventures to invest in ‘young digital and tech firms’ with new £150m cash injection
The business will first fund a London-based diagnostic imaging platform
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NewsUK business insolvencies set to rise in 2023 – Allianz Trade
’The UK faces a high risk of a prolonged upside trend in 2023,’ says report
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NewsInvesting in diversity and inclusion ‘absolutely crucial’ – MGAA
Chief executive says people need to ’embrace’ diversity and inclusion and build it into the ’fabric of their organisation’
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NewsInsurers’ service for brokers is still key challenge – Bravo Networks
Managing director believes ‘a perfect storm’ of factors has impacted insurers’ service for their broker partners – however, the situation is ‘getting into a better place’
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NewsThird Point chief executive mulls SiriusPoint privatisation
Billionaire investor Daniel Loeb believes SiriusPoint may be ’best positioned to execute on its turnaround strategy’ if it went private
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NewsHigh Five: Catch up on the biggest stories of 11-14 April 2023
Insurance Times rounds up the biggest stories of this week
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NewsProperty claims for flood damage significantly drop
Industry commentators believe the decrease boils down to work done by the UK government and flood resillience schemes
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NewsPace of polarisation ‘increasing’ in UK M&A market
’The big challenge is an SME broker doesn’t really make the needle twitch of a big consolidator,’ says chief executive
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NewsDrone opportunity for insurers amid ‘explosion’ in uses?
’I am sure we will all be using apps for drone operators offering services of a scope unimaginable a decade ago,’ says leader
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NewsSecurity ratings becoming a ‘bigger part’ of insurers’ growth strategies
Security ratings have a ’dual benefit for insurers and the brokers that act on behalf of insureds,’ says vice president
