Latest News – Page 266
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NewsSimply Business partners with general insurer on third product launch
Strengthening offerings for the trade sector is ‘important’ while supply shortages continue to strike, says chief executive
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News‘Real work’ still to do to improve customer communications
However, ‘the industry has some great potential’ around using artificial intelligence to create personalised interactions with consumers, says expert panel
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NewsInsurance demonstrates it is ‘the shock absorber for the world’ in combating new risks
Event panellists also identify cyber risks as ‘the next systemic event that might hit’ commercial customers
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NewsHospitality group Corbin and King wins £4.4m in High Court BI case against Axa
Insurers need to have a ‘radical rethink’ as more business interruption battles are expected to come to the forefront in 2022, says law firm partner
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NewsInsured losses from Storms Dudley and Eunice predicted to reach up to €4.5bn
Wind damage arising from Storm Eunice ranks her as the ‘costliest European windstorm of the last 15 years’
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NewsAxa UK and Ireland reports 3% rise in gross revenue for 2021
The wider group, however, steams ahead with a 131% boost in net income
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NewsHome and motor premiums experience ‘stark’ uptick following FCA rule change
Market research firm finds that premiums in these lines of business have experienced the biggest one-month jump in eight years as a result of the FCA eliminating price walking
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NewsUK general insurers’ profits to be battered by back-to-back storms – Fitch Ratings
Credit rating agency expects gross insured losses in the realm of €5bn in UK, Germany and Netherlands combined
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NewsFCA’s GI pricing reform used ‘a sledgehammer to crack a nut’ – Fairer Finance
Plus, ‘very consumer oriented’ regulation is being stretched into ‘the realms of international and corporate business’, which may not add customer value, says Aon UK boss
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NewsTravelers buys Trōv’s technology assets
The insurtech’s founder and chief executive says Travelers is ’the ideal company’ to take its ’technology to the next level’
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NewsInsurance Times unveils brand new Broker Hub tool
The platform enables brokers to easily find and compare information and content relating to insurers that have been rated by Insurance Times’ exclusive Five Star Rating Reports
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NewsAgeas UK’s 2021 net result rises by 14.6% as new strategy bears fruit
Profit improved in 2021, despite the insurer’s motor book suffering a financial dip
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NewsIndustry veteran James Eaton confirms retirement
Eaton will remain in charge of the insurer’s specialty lines throughout 2022, but a succession plan will be announced later this year
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NewsAston Lark Ireland buys Dublin-based financial broker
Aston Lark Ireland has an ambition to become the leading independent insurance broker
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NewsBiba launches Flood Insurance Directory in response to Blanc’s Doncaster review
The ‘cross-industry and government collaboration aims to provide a simple solution to a challenge that will help those that need it most’, says trade body’s executive director
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NewsPolaris reports record usage of all its 2021 products
The industry owned organisation remains committed to investing in its products to enable the sector to ‘push the boundaries of digital trading’
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NewsClegg Gifford set to expand Channel Islands proposition with launch of new MGA
The broker, which is currently in talks with the Guernsey Financial Services Commission, hopes to launch its MGA operation in Q2 of 2022
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NewsABI partners with behavioural science social enterprise
The partnership aims to improve customer experience, trust and financial resilience by boosting numeracy confidence
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NewsRSA pledges more than £750k to support SME talent attraction in 2022
Apprentices will ‘play a crucial role in developing and creating talent pipelines’, says professional development consultant
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NewsFCA on the hunt for new senior leaders amid threats of staff strikes
The regulator is adopting a ‘campaign style’ approach to recruitment as it seeks to expand its talent footprint, says market executive director
