Latest News – Page 208
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NewsLondon market must tap young professionals to drive modernisation plans – Liiba
The broker body will be creating a focus group to listen to the ideas of young professionals more closely
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NewsSuperscript enters growing drop-shipping market
By 2027, it is believed that the drop-shipping market is set to be worth £415bn globally
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NewsRenewable energy risk managers face choppy waters in 2023 – WTW
Taking several ‘important steps’ will ‘help’ and ‘protect’ firms in this market, says executive director of the Climate Markets and Investment Association.
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NewsCost of living crisis causes 43% of insurance customers to cancel policies when seeking to cut cover costs
Head of consumer strategy queries whether the industry is doing enough ‘to be the safety net that newly financially vulnerable customers really need’
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NewsLiberty Specialty Markets promotes internally for new chief underwriting officer in London
The appointee has so far ‘contributed exceptional underwriting expertise’ and demonstrated ‘strong leadership’, says LSM’s chief underwriting officer
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NewsMoJ launches consultation on dual discount rates for personal injury claims
It is essential that this ’does not turn into a cost saving exercise that benefits the balance sheet of compensators’, says executive director
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NewsAgeas UK makes two key appointments
The insurer has recruited a new CIO and promoted for a claims director
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NewsUnited Nations’ NZIA launches inaugural target-setting protocol
The ‘landmark breakthrough’ aims to ‘serve as a catalyst to set unprecedented and ambitious’ net zero targets, says group chair
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NewsCII names new chairs for its broking and claims societies
New chair appointments are made on a biennial basis
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NewsSoaring PI costs causing law firms to close – Hazlewoods
Insurers were exiting or reducing their capacity in the ‘unprofitable’ market, says the firm
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NewsInsurance Times launches 2023 ETrading survey for UK brokers
Insurance Times’ annual eTrading survey is now open for UK brokers to share their views on their eTrading experiences over the last 12 months
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NewsAviva enhances sustainability commitment with new offshore wind market offering
The insurer’s chief executive for UK and Ireland general insurance believes this is an ‘exciting’ ‘growth area’
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NewsRansomware and cyber war wording innovation named in 2023 tech predictions – DAC Beachcroft
Cyber war endorsements could invite innovation, says the law firm
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NewsInsurers’ capital outlook darkened by increasing climate risk – GlobalData
Extreme weather events have already caused UK insurers to lose around £1.5bn, says senior insurance analyst
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NewsConsilium hires Ed Broking veteran as new co-chief executive
The new co-chief executive has been colleagues with Consilium’s James Baird for 22 years
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NewsIndustry chatter around lack of UK-based M&A targets is ‘nonsense’ – Phil Bayles
Ardonagh Advisory’s chief commercial officer gives Insurance Times his opinion on the current lay of the land around broker consolidation
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NewsFraud experts warn of worrying rise in physiotherapist-driven ‘prognosis creep’ on OIC portal
The time needed for claimants to provide medical reports has increased in some cases, raising the risk of fraud
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NewsInsurance sector employers have ‘legal duty’ to provide safe workplace as Covid and flu surge
Employers must take steps to keep employees safe, says law firm partner
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NewsOpportunity for legacy firms to ‘up their game’ as consumers seek stability – Solaris
Embedded insurance is one way to meet this demand, although it comes with challenges
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NewsRecession and cost of living crisis triggers ‘pandemic of fraud’ – Weightmans
Both financially vulnerable customers and organised criminals are behind the increase, says the firm
