Latest News – Page 206
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NewsLMA Member Manifesto sets agenda for 2023
The LMA hopes to engage with and deliver the Future at Lloyd’s programme and support regulatory change
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NewsNew Castleford-based broker to launch into SME market
The recently formed broker will cut the ribbon in early February
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NewsHiscox joins forces with insurance software specialist
Hiscox’s director of operations for London market says the firm hopes to embrace the ’various digitalisation opportunities coming out of Blueprint Two’
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NewsDLG boss’ decision to leave influenced by ’hostile’ market conditions
Following a predicted profit hit last year, however, DLG’s exiting boss believes the business will bounce back
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NewsWaggel and vet tech firm join forces
The vet tech firm originally launched its app due to rising vet care costs, Waggel’s customers will now have access to it
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NewsHowden posts 19% organic growth in 2022 full year financials
The broker giant also revealed a 69% increase in ebitda to £565m
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NewsDavies purchases specialist US-based insurance consulting firm
’It’s become essential for insurers who want to remain relevant and compete to invest in digital transformation’, says group chief executive
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NewsProprietary insurance data has influenced changes to Tesla vehicle design – Elon Musk
The US-based billionaire told investors that insurance data had provided a useful feedback loop for manufacturing process alterations
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NewsInaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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NewsUK government scheme Cyber Essentials insurance is ‘appalling’ for SMEs
The National Cyber Security Centre’s initiative demonstrates both opportunities and obstacles for clients, say insurance industry leaders
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NewsMotor injury claim numbers fall to lowest since 2018 – ACSO
Court waiting times in the event of a claim, however, are at ‘record highs’ – ‘adding more misery for hard-pressed consumers’, says executive director
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NewsManifesto 2023: Cost of regulation for brokers at an ‘all time high’
The average costs of regulation have skyrocketed by 40% since 2019, said the trade body
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NewsManifesto 2023: Biba reveals new ESG commitments for 2023
The broker trade body has pledged to get its ‘own house in order first’, so that the support given to its members is built on a ‘strong foundation’
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NewsDirect Line Group chief executive Penny James steps down
Insurer’s chair says the business ‘will continue to focus on rebuilding our capital position’ and ‘restoring balance sheet resilience’ after ‘significant headwinds’ in 2022
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NewsFCA highlights focus areas for Consumer Duty implementation
The multi-firm review from the regulator ‘should be of real concern to the industry’
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LatestMovo Partnership invests in Woking-based ‘true heartland broker’
The group will work together to grow the acquired firm’s client base, as well as achieve its future ambitions
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NewsHSB scoops new chief underwriting officer from insurtech unicorn
The appointee’s ‘substantial experience and strong track record’ will help ‘drive’ the business forward following Stephen Morris’ retirement, says chief executive
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NewsCustomers’ short-term decision-making due to cost of living ‘should be a concern’ for sector
Insurer’s UKGI chief executive thinks equipping brokers with ‘the tools to have the right conversation with their clients’ is key to preventing SME underinsurance
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NewsBrokers are ‘absolutely fundamental’ to risk management innovation - Andrew Griffith
The new economic secretary applauded brokers for ‘helping the sanctions to try and bring pressure to bear on Russia as it has pursued its illegal war in Ukraine’
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NewsUK car insurance premiums soar by 19% in 2022
Insurers should be doing more to help consumers during difficult times, says chief executive
