Latest News – Page 258
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FCA launches three-year plan centred around customer outcomes
Chief executive says the regulator will now focus on ‘results’ rather than ‘processes’
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Residents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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Aviva’s Amanda Blanc names flooding as biggest UK risk
Blanc believes that world leaders need to come together to agree what a ’good’ transition plan looks like
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Charlotte Halkett named ManyPets’ new chief underwriting officer
ManyPets recently rebranded while shifting its focus to pet health and wellbeing
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Biba launches trade credit insurance guide
The trade association worked with a trade credit specialist on the guide
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InsurerCore joins forces with US-based platform to create all-in-one marketplace
InsurerCore’s founder and chief executive says he is ’thrilled by the competitive advantage’ it will bring to customers
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Storm Arwen winds sweep up over £80m worth of claims – NFU Mutual
Insurers across the board are expected to experience a total loss of up to £300m
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Credit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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JM Glendinning Group bags former Gauntlet Group network member
Joining the group will see the insurance broker and risk management firm obtain a ‘greater market strength’, says chief executive
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PIB Group undertakes ‘big investment’ in data analytics
Chief executive says the broker is ‘learning a lot already’ about unstructured data
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Changing ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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Climate change has ‘broken the world of risk management’
However, applying an ‘insurance mindset’ to climate-related issues can support the ‘race for resilience’, says government’s climate champion
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Broadway Insurance Brokers’ GWP on track after almost doubling assets to nearly £1bn
The broker’s chief executive says that the firm is ’significantly ahead’ of where it expected to be
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Previsico inks Watertight deal to help mitigate insurers’ losses
The insurtech’s chief executive says it is a ‘perfect partnership’
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Partners& expands national footprint with new broker buy
Partnering with the business sets the ‘foundation stone’ of the broker’s strategic plans in Scotland, says chief executive
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PIB Group snaps up specialist independent Lloyd’s broker
The broker’s ‘deep understanding’ of the Israeli and London market made it a ‘key differentiator’, says chief executive
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Only 14% of SMEs have plans to reduce environmental impact – Aviva
Aviva UK and Ireland chief exec says ’more and more businesses will be impacted by climate change’
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Insurer pockets another £80m over IBM IT project blunder
IBM has said it is ’disappointed’ with the ruling and intends to seek appeal
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Dental Protection seeking to reduce claims amid negligence ruling
The legal services firm will be supporting its members if they are named as a defendant
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PIB Group signs acquisition deal with health and safety consultancy
The newly acquired team will work closely with the group to invigorate its risk management business