Latest News – Page 250
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NewsIndustry backs Lloyd’s of London’s $465m DXC Technology contract extension
The insurance industry sees the contract extension as a ’significant step’ in helping Lloyd’s go digital
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NewsGRP’s Marshall Wooldridge snaps up West Yorkshire-based broker
The deal is the broker’s sixth acquisition since joining GRP in 2016
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NewsThe Clear Group buys ‘real prize’ London broker to ‘get greater critical mass’
Broker’s executive chairman speaks exclusively to Insurance Times, detailing the drivers behind its second largest acquisition to date
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NewsReal estate business booming for regional brokers – Ecclesiastical
The biggest challenge for brokers in the specialist market is greater scrutiny from insurers
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NewsWhiplash reforms have ‘dampened a rise in claims’ – MoJ’s David Parkin
Plus, the Official Injury Claim portal has not been ‘swamped by CMCs’ as predicted, says deputy director
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NewsPandemic-led growth to slow for insurtechs – Supercede
Q1 2021 saw a 58% drop in insurtech funding from the previous quarter
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NewsFCA urges insurance intermediaries to address ‘significant risks of potential harm’
The regulator said it has continued to observe ’ineffective governance and control arrangements’ from insurance intermediaries
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NewsAllianz tops the ranks in Brokerbility’s insurer partner satisfaction survey
Aviva, meanwhile, has succeeded in underwriting
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NewsRevealed: Claims Excellence Awards 2022 – winners and reaction
Amid the glitz and glamour of a Kensington-based ceremony, some firms took home multiple awards - was it you?
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NewsLMG identifies six metrics designed to secure London market’s global competitiveness
The trade body outlines ‘six priority initiatives’ through which the insurance industry’s ‘competitiveness agenda can start to be established and measured’
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NewsSkyline Partners hires ex-Charles Taylor group chief executive to drive growth
The new appointment is also chairman of Previsico and a non-executive director for PremFina
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NewsC-suite confidence in managing cyber risk has dropped – Marsh
Despite the drop, more organisations are using quantitative methods to measure their cyber risk exposure
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NewsEmerging technologies set to become crucial to insurance digitalisation – GlobalData
The data and analytics firm has urged insurers to ‘get smart’ on emerging tech-based trends
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NewsTFL to remove around 90 electric buses from service following blaze
The fire involved two electric hybrid and four diesel powered buses and is now under investigation
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NewsSabre’s GWP up by 30% despite inflationary pressures
The motor insurance underwriter is confident that its disciplined underwriting strategy will consolidate its core strengths and allow for sustainable growth
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NewsDCJ Group snaps up Derbyshire-based broker
The group’s chief executive is already eyeing new deals as the firm seeks to provide the ‘best possible conditions for brokers to thrive and prosper’
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NewsClimate change will become a ‘persistent drag’ on insurers’ profitability
Projections show that insurers are likely to be able to bear the costs of the transition to net zero, however
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NewsUrban Jungle raises £16.5m in latest series A funding round
The insurtech plans to enter new markets following the funding boost, as well as create 100 new jobs
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NewsBogus home insurance claims grew by 45% in 2021 – Aviva
Whiplash and ghost broking fraud continued last year, according to the insurer’s figures
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NewsHDI reveals leadership restructure
A new top boss for the revamped branch has been selected as part of the move
