Latest News – Page 194
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News
Insurers plan for significant growth in sustainable energy market
’Respondents displayed a bullish appetite for it,’ says statement
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News
Zurich UK prevents more than £70m worth of fraudulent claims in 2022
’Turning to crime is never the answer,’ says detective chief inspector
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Charity calls on insurers to take ‘action’ and improve insurance for individuals with mental health problems
The institute has published a guide that focuses on supporting individuals with mental health problems when buying insurance
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News Analysis
The Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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Genasys Technologies announces expansion with new business units
’We are in an exceptional position to propel our company forwards,’ says chief executive
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Lloyd’s Lab names the 13 insurtechs to join cohort 10
’I’m excited to see the dynamism and output,’ says senior manager
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News
FCA ‘nowhere to be seen’ as people of colour continue to pay more for motor insurance
’There is a truly worrying link between ethnicity and insurance costs,’ says chief executive
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Insurance sector needs to embrace those who fear innovation
’They have a real role to play,’ says product manager
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Benefact Group launches EV scheme as part of drive to net zero
The initiative will enable employees to commute ‘with much less impact on the environment and our communities’, says managing director
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Beam Insurance and The Broker Investment Group deepen partnership
’This increased investment will help back Beam with their future deals,’ says statement
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Revealed: Claims Excellence Awards finalists unveiled for 2023
Insurance Times shares its shortlist selected from a record-breaking number of entries, following an initial judging process
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News
Average motor insurance costs saw largest recorded year-on-year jump – Consumer Intelligence
Premiums decreased for under 25s, while costs increased significantly for those aged over 50
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Valuation plea as underinsurance crisis intensifies – H&H
‘During Covid, when site visits weren’t allowed, many fell into the habit of carrying out reviews over the phone,’ says commercial director
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News
RSA announces departure from UK personal lines motor market
’We were clear that we would take necessary actions to drive sustainable outperformance in UK and Ireland,’ says chief executive
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News
Oxbow Partners achieves B Corp status
The firm’s co-founding partner says Oxbow Partners is ’proud to be recognised as a business that puts our people and the wider community before profit’
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Aqueous sets sights on SME dominance in wake of capacity deal
The deal represents “a new partnership that marks a major and important step on our journey,” says head of eTrade
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News
Convex backs aviation MGA as it prepares for takeoff
’Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,’ says head of aerospace
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News
AssuredPartners makes new acquisition to help growth in south west
’I’m excited to combine our wealth of knowledge,’ says managing director
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News
Accenture set to cut around 19,000 jobs
’We initiated actions to streamline our operations,’ an Accenture spokesperson tells Insurance Times
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Warning for London insurance market despite ‘stable’ rating issued
’Failure to prepare for risks could have capital implications,’ says rating agency