Latest News – Page 201
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BrokerFest 2023: Impending insurtech report to wake up ‘sleepy brokers and insurers’
The term ‘insurtech’ could become obsolete as the sector shifts from disruptor to collaborator
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Axa reports 4% hike in earnings
Gross revenues also rose by 7% across the group, said a statement
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Lloyd’s ‘father of the house’ Michael Meacock passes away
He was an active underwriter for Syndicate 727 for more than 55 years
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Cazoo sells Cazana to Percayso Inform for undisclosed sum
Managing director describes purchase as ’a transformational deal’
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BrokerFest 2023: Brokers must display understanding, communication and confidence to succeed with commercial clients
Businesses are also turning to their insurance brokers for risk management support, adds expert panel
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BrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA
’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
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Industry needs to deliver underinsurance message as threat deepens
‘We are looking to arm the brokers with the data that will allow them to have a conversation,’ says head of underwriting transformation
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Open GI enters usage-based insurance market with latest partnership
The cost of living crisis and inflation has seen a rise in usage based insurance models
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Ghost broker threat will require rethink on efforts to combat fraud – Markerstudy
‘We fully expect we will see an increase in fraud in the coming year,’ says head of counter fraud
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Insurers’ appeal over court’s hybrid injury decision criticised as case backlog mounts
Industry commentator believes ‘insurers seem to be cutting off their nose to spite their face’ with move to disagree Court of Appeal finding
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LMA launches new chief underwriting officers committee
The new body intends to support Lloyd’s market members through guidance and strategy implementation
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BrokerFest 2023: Ignite Insurance Systems to explain accelerator lifeline for entrepreneurial brokers
Insurtech’s managing director set to discuss the launch of his firm’s Ignition programme and how this can help brokers that are looking to innovate
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Brokers still bullish despite market challenges – Aviva
Although brokers remain optimistic about their business growth in 2023, 84% are concerned that their clients are underinsured, according to insurer research
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Broker’s MGA launch looks to casualty opportunities
The new MGA aims ‘to put data at the heart’ of underwriting and offer ‘real-time access to capacity partners’
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BrokerFest 2023: Oxbow Partners to debate the term ‘insurtech’ at one-day event
Business management consultancy to discuss whether the term ‘insurtech’ is still relevant in 2023
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LV=GI reports 60% year-on-year uptick in crash for cash linked personal injury claims
The increase in these claims stem from roads into Scotland, where the UK’s whiplash reform regulation does not apply, says the insurer
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BrokerFest 2023: Panellists to discuss insurtech broker landscape post-Covid
Insurtech heavyweights will debate the current climate that insurtech brokers are facing and the opportunities that lie ahead
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ABI urges industry to seize opportunities from current challenges in new strategy
The trade association believes the insurance ‘sector has a huge opportunity to work together to drive change’
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BGL Insurance’s Thompson steps down as chief executive
Broker’s MGA owner plans to be a ‘major player’ in consolidation activity this year
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Travel MGU Tifgroup ‘excited’ to once again serve UK broker market after capacity loss
The MGU has revealed a new portal for brokers