Latest News – Page 262
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Biba welcomes returning board member after five-year split
The business initially took a step back from active membership to focus on internal development
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BMS snaps up Howden c-suite member as group chief commercial officer
The new hire brings more than 25 years of insurance industry experience to the team
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Government moves closer to axing controversial Vnuk law
The European ruling could have created extra costs of £2bn a year for the insurance sector
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Pool Re appoints new chief executive
The new hire will join at the beginning of April and is looking to build strong relationships with stakeholders
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Admiral chooses Nuvalaw and Trust Arbitration to fast track personal injury claims
The new solution can expedite motor claims resolutions from weeks to days and cut costs for insurers
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Industry at digitalisation crossroads post-pandemic – Allianz’s Sirma Boshnakova
Insurance firms must build ’technology with a heart’ and maintain ‘a human touch’ to avoid ’alienating’ consumers, says insurer board member
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‘No silver bullet’ for repair supply chain issues
Brexit, Covid-19 and the Russia-Ukraine conflict have combined to create ’utterly unprecedented’ supply chain challenges
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Online Safety Bill introduced to parliament
New measures have been introduced to push tougher criminal sanctions on tech bosses and data manipulation
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Ecclesiastical reports pre-tax profit despite slight COR increase
Despite the UK ’still living with Covid-19’, the insurer believes it has had ’an outstanding year’ in 2021
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Swiss Re debuts ‘enhanced’ oil and gas policy
The reinsurer has sent a ‘strong message’ to fossil fuel companies and governments with its new commitments
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Serial fraudster is sentenced to six months’ imprisonment
Insurers working in tandem with each other and the police is ‘crucial’ for combatting fraud, says counter fraud director
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Parametric ‘ugly duckling’ could become sector’s ‘future’
Industry’s data may transform parametric insurance from ‘science fiction’ to broad, multi-line reality
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Minster Law to offer brokers claims service that is ‘bothered’ about protecting indemnity spend
Chief executive reveals that law firm is ‘absolutely exploring’ how to support smaller brokers with claims
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MIB and Wipro partnership set to overhaul industry’s data services
The deal will help MIB to better respond to the evolving needs of its customers
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Ireland follows UK with home and motor price walking ban
The new law will come into effect from 1 July 2022 and exclude new customer discounts
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Lloyd’s slaps Atrium with ‘largest fine ever imposed’
The managing agent has accepted charges related partially to ‘inappropriate conduct’ at a ’boys’ night’
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RSA updates trans-inclusive policy for UK employees
The policy has been crafted in collaboration with a recently transitioned member of staff
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Zurich promotes internally for new UK chief sustainability officer
The insurer’s chief data officer is also moving up the ranks
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Markerstudy bags former Fresh top boss as new head of non-standard insurance
The new hire brings more than 40 years of insurance industry experience to the team, which he will use as a blueprint to build new business
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Inigo’s GWP hits $411m in first year of trading
Despite 2021 being the ’fourth most costly natural catastrophe year on record,’ its chief executive is confident of Inigo being profitable