Latest News – Page 264
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Sedgwick names new UK head of fraud technology and intelligence
The loss adjustor has saved clients more than £100m in fraud costs over the past few years
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Three decades to achieve gender parity at senior level warns Aviva boss Blanc
The Women in Finance Charter has made a series of recommendations to tackle the lack of senior roles filled by women in insurance and promote gender parity
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Young renters struggle to afford cover amid financial pressures
UK general insurers therefore have a key role to play in preventing the decline of household penetration rates
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Direct Line Group recovers from 2020 dip with improved year-end financials
The group’s GWP remained broadly stable, despite its motor book seeing a tumble in turnover
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Polish insurer taps Tractable’s artificial intelligence platform
The insurer hopes to make the claims process quicker
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Broker brands London market ‘buoyant’
Survey results demonstrate a particular interest in sustainable energy risks in the London market
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Aviva and Zego ink multiyear fleet insurance deal
The insurtech believes that usage-based insurance is the future
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Insurtech startup Nuon AI closes £1m pre-seed funding round
Customer traction in the UK and US has surged for the insurtech
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Backchat March 2022
Canine colleagues, esports, crash for cash fraudsters and a new role for an insurance veteran. What has the insurance industry been up to lately? You heard it here first…
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Revealed: Two insurers awarded five stars in Insurance Times’ 2022 commercial lines report
The results from Insurance Times’ Five Star Rating Report: Commercial Lines 2022 are in and two insurers have achieved a five star rating
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Independent US broker buys ‘winner’ GRP
New ownership set to ‘supercharge’ and add longevity to GRP’s strategic ambitions
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ERS premiums and COR hit by Covid-19
Underwriter confident of disciplined underwriting strategy despite results dip
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Axa veteran takes helm as Aviva’s chief claims officer
After a tenure of almost 16 years at Axa, the new appointee looks forward to getting stuck into his new role
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Trade credit insurers pull back from Russia and Ukraine
Some trade credit insurers will be adjusting their underwriting strategy
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Lloyd’s issues catastrophe warning amid sanctions move
Director of portfolio management says market must ‘price properly for the risks which are being borne’
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Aviva ‘opportunistic’ around ‘bolt-on transactions’ following Axa XL deal
Plus, the insurer’s UKGI gross written premium was ‘up 7% to just under £5bn’ in 2021
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Government to impose sanctions preventing UK insurers and reinsurers covering Russian firms
The European Union has adopted a similar stance
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Over a third of UK firms agree its difficult to obtain affordable flood cover – FloodFlash
Businesses in the East Midlands are the most worried about flooding
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Aviva launches online only car cover that commits to offset customers’ carbon emissions
The proposition has ‘a strong focus on renewability and sustainability’ says UKGI chief executive
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Aviva hires ex-Neon boss as global corporate and specialty director
The new hire will help drive Aviva’s global corporate and specialty strategy