Latest News – Page 204
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NewsFirms must brace for cyber threats as working from home compounds risk – Aon
A global shortage of cyber security skills is projected to continue in the next three years, according to the broker
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NewsArdonagh Advisory aims to create ‘revolution’ in network model with data and tech-enabled tool
The firm wants to ‘level the playing field’ for small and medium-sized brokers by providing greater access to different insurance markets and ‘getting service out of insurers’
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NewsNew deputy chair revealed at Council of Lloyd’s
The new appointee has set his sights on developing the marketplace’s strategic priorities
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NewsAston Lark swoops to bolster London market growth
The appeal of the acquisition was the broker’s personal service focus and loyal customers, says group chief executive
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NewsZurich UK’s P&C business posts COR of 95.5% for 2022
This figure represents a ‘robust performance given market conditions’, says the insurer
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NewsConsumers with mental health conditions penalised when seeking insurance
Money and Mental Health Policy Institute has called on the FCA to stop firms from making pricing decisions ‘behind locked doors’
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NewsTractable and Verisk partner to reduce property damage claim settlement times
The duo hopes to support insurers in the face of ‘ever changing climate woes’
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NewsClose Brothers Premium Finance appoints top boss for UK and Ireland
The firm has also hired a new managing director to succeed Kemple, who has ‘market savviness and deep understanding of the broking environment’, says chief executive
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NewsProperty and cyber markets must get on same page to prevent cover ‘gap’ for cyber-related physical losses
Confusion around cyber exclusions may have stemmed from Lloyd’s clampdown on clearly defining physical and intangible risks
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NewsTicker launches driving convictions insurance product
Drivers with convictions often have problems securing cover and this product aims to plug the gap
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NewsAxa XL reveals three-year sustainability strategy
The insurer hopes to improve ESG resilience among its customers with increased awareness of biodiversity risks
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NewsInsurance Times reveals headline results from 2023’s Five Star Rating Report: Commercial and Personal Lines
The results from Insurance Times’ Five Star Rating Report: Commercial and Personal Lines 2023 are now available - how have UKGI brokers rated commercial and personal lines insurers this year?
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NewsIsle of Man chief minister says island’s insurtech programme marks ‘good innovation’
The chief minister stressed that a ’more collaborative’ approach was needed if innovation is to continue
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NewsMarkerstudy-owned firm aiming to ‘transform’ commercial fleet safety with AI proposition
The technology could cut claims costs by £2,000 per detected claim
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NewsAllianz Commercial to utilise green parts in fleet policy update
The insurer intends to mitigate ‘rocketing’ claims costs for consumers, says head of claims customer delivery
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NewsEcclesiastical detected over 130 fraudulent claims in 2022
Continuing to pursue untrue claims is ‘vitally important’ for keeping customers’ premium costs down, says claims director
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NewsGallagher Re partners to deliver home ownership proposition
The reinsurance broker has provided support to prospective home buyers
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NewsLegal changes set to prompt claims rush
An ‘inevitable consequence’ of the changing rules will see ‘a rush to issue claims prior to April 2023’, says partner
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NewsGreen shoots of insurance growth will take time to bloom – EY
“Insurance demand is among the first to be impacted” by rising cost of living, says UK insurance lead
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NewsAon promotes for new UK CCO
The new appointee will take over the role from Jane Kielty, current UK head of commercial risk at the broker
