Latest News – Page 207
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NewsPRA identifies improvement areas for GI losses
Some common gaps in data and modelling were also highlighted
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NewsManifesto 2023: IPT rate should be frozen
The financial burden on insurance buyers has grown significantly according to Biba, and IPT has reached a record high
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NewsManifesto 2023: Cost of living crisis heightening underinsurance is a ‘concern’
Standalone cyber insurance is one of the most common products where insureds opt to drop cover, according to Biba’s latest research
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NewsZurich teams up with South Pole to support clients' net zero goals
‘Demand for climate resilience services has grown exponentially in recent years’, says global head
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IT InterviewAdam Winslow: Retail business and HNW will form ‘the key axis of growth’ for Aviva’s personal lines arm in 2023
UKGI chief executive outlines where Aviva is aiming to expand this year across both personal and commercial lines – although eTrading ‘remains a big area of focus’
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NewsManifesto 2023: Biba calls for compulsory public liability insurance for e-scooters
The broker body has also taken aim at regulation surrounding automated vehicles
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NewsManifesto 2023: Insurers continue to allow ‘square pegs in square holes’ for eTrading - Biba
The broker trade body plans to work with insurers to deliver positive eTrading outcomes for brokers and end customers
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NewsManifesto 2023: Insurance sector needs time to prepare for ‘significant impact’ of Martyn’s Law - Biba
The broker trade body may compile a scheme to help its members action the new duty’s requirements
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NewsBiba launches 2023 manifesto with focus on risk management and stability
Executive director confirms that ‘stability is a key message’ that the trade association wants to bring ‘forward this year’, with focuses on regulation, financial resilience and enabling economic growth
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NewsBikmo partners with Blike for bike leasing fleet customers
The specialist insurer has ‘seen a shift in the bike sector from ownership to leasing’, says chief executive
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NewsAcrisure’s MGAM and consultancy launch insurance for independent midwives
The product aims to ensure that midwives are ‘comfortable and confident in accessing the services they need’, says service director
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NewsCost of living crisis named as top concern for UK heritage organisations – Ecclesiastical
’Brokers play an important role in helping heritage clients understand the risks they are facing’, says customer segment director
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NewsDavies buys US claims management software firm
It will help strengthen both the solutions and experience Davies can offer on a global scale, says chief executive
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NewsNFP snaps up UK-based health and safety consultancy
The broker will now integrate health and safety offerings into its business alongside its current products and services
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NewsQBE evens up maternity and paternity leave
The insurer has also added new wellbeing-focused initiatives, including support with fertility
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NewsHalf of UK businesses could be underinsured – Aviva
The threat underinsurance plays to SME businesses has reached a ‘critical point’, says chief executive
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NewsBrokers need more transparency and consistency with ESG client data
Greater collaboration on ESG data between reinsurers and brokers is essential to move the industry forward
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NewsFCA’s Consumer Duty provides relief for professional indemnity insurance brokers
The new rules can be used to ensure insurers ‘do not engage in sludge practices such as drawing out the time taken to pay a claim unnecessarily’, says policy and public affairs director
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NewsBrokers key in ‘shaping London market’s destiny’ for 2023
The broker body intends to support the new PPL, which is set to be rolled out in February
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NewsBusiness confidence in UK economy plummets – Aviva
The insurer’s latest report found ‘a veritable collapse’ in business outlooks
