Latest News – Page 210
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Ecclesiastical takes over Brokerbility scheme
The scheme took effect from Thursday 1 December and forms part of the specialist insurer’s ‘ambitious’ growth plans, says corporate buisness director
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Global M&A insurance sector saw a ‘turbulent’ 2022 – Gallagher Specialty
The M&A insurance sector will continue to ‘evolve and persevere’ despite challenging economic conditions, predicted the report
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GRP purchases entirety of Hedron Network broker member
Global Risk Partners (GRP) has acquired the whole entity of Christopher Trigg Ltd (Christopher Trigg) in its first deal of 2023, having received regulatory approval.
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CFC creates dedicated fintech team
CFC has witnessed the volume of submissions from fintechs increase by more than 100% year-on-year over the past couple of years
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Lloyd’s Lab opens applications for tenth cohort
In a first, the tenth cohort of the fast-track accelerator has a regional focus for its cyber category
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Aston Lark expands UK footprint via two new regional offices
The broker’s managing director believes ’there’s still no substitute for having our people on the ground’
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Specialist Risk Group snaps up specialist broker in first deal of 2023
The expertise and ‘aligned’ culture of the acquired firm will ‘add tremendous value’ to SRG’s existing motor capability, says deputy chief executive
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IUA publishes business plan for 2023
The association has highlighted key challenges for the London Market in the coming year
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Cyber insurance set to be one of the biggest property and casualty lines – CyberCube
’Brokers are the linchpin’ between insurance relationships says CyberCube senior product manager
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CNA Hardy launches additional cyber cover for technology businesses
The insurer’s new product also includes first party and thid party cyber cover as standard
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UK economy set for 2023 recession amid ongoing inflation and energy crisis – Allianz Trade
Business insolvencies in the UK reflect inflationary pressures and high energy costs, according to Allianz Trade’s chief executive
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MS Amlin’s head of reinsurance adopts additional interim chief underwriting officer role
The changes follow Andrew Carrier’s promotion to chief executive
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GRP-owned Hedron Network appoints new chief executive
The new appointee will replace incumbent David Hopwood in the new year
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Compass partners with premium finance provider
Network boss believes brokers must ‘be prepared against the unexpected’, with one possible solution being the provision of ‘more flexible payment options’ for clients
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Inflation tops concerns for insurance sector in 2023 – GlobalData
Over a third of insurance industry respondents to firm’s poll cited inflation as the standout challenge ahead of other issues such as digitalisation, climate change, regulation, Covid-19, cybercrime and geopolitics
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Motor insurance premiums rise 17.4% over past year – Consumer Intelligence
The average price for a motor insurance policy reached £877
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The Insurance Times Awards 2022 Digital Supplement is now live
Catch up on all the glitz and glamour from the evening with this exclusive round up of gold winners
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Aviva launches new young driver insurance product
Quotemehappy Connect will allow young drivers to earn cheaper premiums via safer driving while providing personalised advice to less safe motorists
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Backchat December 2022
A cello meets an untimely death, rivalries revealed over virtual snowballs, a broking superhero duo and a dance off at the Insurance Times Awards. What has the insurance industry been up to? You heard it here first…
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Best of Christmas Backchats 2022
After 12 whole months of backchats, Insurance Times has rounded up the best Christmas backchats for December 2022 including a pink grizzly bear, Santa’s naughty or nice list and an epic dance-off. You heard it here first….