Latest News – Page 200
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Security 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
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PIB Group bolsters Bristol footprint with specialist broker buy
The broker specialises in providing professional indemnity insurance across a range of professions
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Upsure partners with Australian broker network to support UK insurtechs and MGAs
’Australia presents a unique opportunity for UK and European insurtechs and new MGAs,’ says chief executive
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Airline insurance market seeing significant pricing pressure – Gallagher Specialty
The airline insurance market is ‘experiencing a shift due to various factors’ that impact the industry
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GRP buys 100% share capital of commercial broker
The partners hope to provide clients with a ‘broader range of risk management and insurance services’ in the West Midlands
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Lloyd’s joins Biba as official partner
‘We will continue to work with Lloyd’s on issues relevant to both the Lloyd’s market and wider cross-industry issues to benefit all members,’ says chief executive
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Aviation reinsurance market could remain hard after ‘very large’ losses – Gallagher Specialty
’It’s likely that for the medium-term at least, a hard market for aviation reinsurance will persist,’ report says
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McLarens introduces new leadership structure in UK and Ireland
’These are exciting times and McLarens has never been stronger,’ says managing director
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Notification rates expected to rise after 2021 M&A boom
’With such opportunities comes a different set of challenges,’ says managing director
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Insurance firms shifting strategic priorities – AutoRek
’There are many challenges which firms have faced and will continue to face,’ says chief executive
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Superscript launches new initiative to aid crypto miners access property insurance
Account manager says tough 2022 made it more evident that there is a ’need for comprehensive insurance’
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The Clear Group acquires Irish broker to bolster expansion plans
Establishing a presence in Ireland is a ‘central plank’ of the broker’s strategy, says chief executive
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Reduced risk appetite for political violence amid increasingly ‘unpredictable’ landscape – Howden
Specialist insurance broker Howden says reinsurers have taken a financial hit in recent years
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Backchat April 2023
Blanc speaks about misogyny on BBC Radio Four’s Desert Island Discs, a managing director runs a marathon and one Insurance Times journalist is in a play. You heard it here first…
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MGAs are ‘jam in the sandwich’ between company and London markets – Geo Underwriting
Chief executive emphasises that MGAs must deliver on service and specialist propositions if they are to succeed and ‘meet the demands and needs of brokers’
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Underwriters will be ‘dead in the water’ in 10 years
’There’s way too much relationship stuff that goes on in the insurance industry,’ says chief operating officer
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New ruling to ensure credit hire claimants must provide evidence of financial means
The ruling is expected to ’reduce friction and unnecessary legal costs from the process of settling credit hire claims,’ said Allianz Insurance
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Lloyd’s Market Association announces members for new committee
’The members are a fantastic group of experts,’ says underwriting director
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Opportunistic insurance fraud cases surge amid cost of living pressures
’Honest customers rightly expect insurers to clamp down on insurance fraud,’ says head of fraud and financial crime