Latest News – Page 199
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Hiscox looks for positives in profit slump as investments take a hit
‘We delivered the strongest underwriting result in seven years,’ says group chief executive
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FloodFlash agrees US capacity extension with reinsurer
The MGA is ’working to address the world’s largest flood insurance market’ says FloodFlash North America chief executive
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Home insurance startup Locket partners with reformed burglar
The insurtech aims to help customers actively prevent claims instead of just resolving them with claims payouts
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Daimler Truck Financial Services inks new deal with Marsh
The agreement will support transport operators across the UK
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Experience is key to avoiding becoming a long tail casualty – Casper
‘The key is to be there for your clients when they need you,’ says chief executive
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Connect Underwriting secures chief commercial officer for new holding company
The new appointee will help ‘identify and capitalise on commercial and investment opportunities,’ a statement said
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AR deal sees broker moor to marine sector
The ‘expertise’ of the new AR will expand the broker’s capabilities in the sector
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Atec appoints new group distribution partnerships director
The new appointee is looking forward to ’fulfilling [the firm’s] vision and achieving its goals for 2023 and beyond’
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Cyber criminals take aim at geopolitical targets and IT supply chain – CyberCube
Financial services which includes insurance remains one of the most heavily targeted industries according to CyberCube’s report
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Insurtech UK backs new national fintech hub
’With insurtech forming a core pillar of this sector’ the launch represents a ‘huge opportunity’, says insurtech trade body
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Gallagher Re buys Lloyd’s broker to ‘deepen’ delegated authority expertise
The newly acquired business will become part of the firm’s Global Programmes practice group
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Insurance sector breaking down barriers to data science integration
While insurance has been viewed as ‘behind the curve’ on AI adoption, a ‘significant’ amount of effort has been made to upskill, says technical product lead
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‘I was letting the hoodies into the building’ – ex-Lloyd’s chief executive
The former Lloyd’s boss recalled the birth of Lloyd’s Lab and how she tried to break down barriers with dress code
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Catch up on BrokerFest 2023
Missed out on some of the sessions at BrokerFest 2023 on 23 February 2023? Check out Insurance Times’ coverage of the event to catch up on all the key learnings and insight
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‘Subdued’ M&A market opens opportunities to transactional risk insurers
The transactional risk insurance market is expected to ‘grow’ in 2023 as firms grasp the oppurtunity to meet international demand
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Autonomous vehicles will allow insurers to become ‘disruptors’
‘This is an amazing opportunity for the insurance industry,’ explained autonomous expert
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Howden Group seals ‘perfect match’ deal with Reich Insurance purchase
The intermediary’s chief executive notes that Howden Group has become the ‘natural home for insurance industry entrepreneurs’
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Hiscox launches new broker extranet as ‘digital trading a priority’
This launch represents an important step in the insurer’s digital roadmap, said a statement
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Pen Underwriting promotes for specialty division managing director
The new hire will succeed Steve Thornett, who has decided to leave the business after a near nine year tenure