Latest News – Page 266
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NewsInsurance Fraud Bureau can be ‘bigger and better than before’ with new strategy
’We can broaden our reach to help protect every insurer and their customers,’ says head of intelligence
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NewsCastle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
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NewsPen Underwriting makes splash into specialist marine sector with acquisition
The new buy adds £90m of gross written premium to Pen, says statement
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NewsCouncils could reduce insurance coverage to achieve savings
’Any measures have the potential to backfire,’ says client director
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News‘Challenging’ 2022 for Esure as profit drops and COR increases
The insurer says it has ’not been immune’ from headwinds impacting profitability across the sector
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NewsBruce Stevenson’s chief executive to step down
His decision coincides with the broker reporting growth across the board
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NewsRSA snaps up new chief operating officer delivery director
The appointee will be responsible for transforming the insurer’s claims technology
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NewsDisagreement over compensation for mixed injuries causing uncertainty for claimants – Minster Law
’The personal injury market has gone through a great deal of turmoil,’ says chief executive
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NewsLimited use of cyber insurance for public financial entities as new policy comes into force
’It’s quite costly for them,’ says associate
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NewsDramatic reinsurance price hikes ‘may need to be passed onto customers’
’Reinsurance that protects us as insurers has risen across the piece,’ says managing director
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NewsFounders Forum Group in talks to buy Tech Nation
The news comes as Tech Nation prepares to cease operations following its funding being withdrawn
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NewsAllianz Group switches up c-suite to improve commercial lines experience
Regional appointments have been made in the UK, Australia, France and Germany
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NewsInsurance firms have ‘duty to act ethically’ over green finance – CII
The Chartered Insurance Institute has published a guide on how the sector can take action
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NewsInsurers plan for significant growth in sustainable energy market
’Respondents displayed a bullish appetite for it,’ says statement
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NewsZurich UK prevents more than £70m worth of fraudulent claims in 2022
’Turning to crime is never the answer,’ says detective chief inspector
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NewsCharity calls on insurers to take ‘action’ and improve insurance for individuals with mental health problems
The institute has published a guide that focuses on supporting individuals with mental health problems when buying insurance
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News AnalysisThe Big Question April 2023: How can the insurance industry help improve current motor repair network models?
Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help
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NewsGenasys Technologies announces expansion with new business units
’We are in an exceptional position to propel our company forwards,’ says chief executive
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NewsLloyd’s Lab names the 13 insurtechs to join cohort 10
’I’m excited to see the dynamism and output,’ says senior manager
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NewsFCA ‘nowhere to be seen’ as people of colour continue to pay more for motor insurance
’There is a truly worrying link between ethnicity and insurance costs,’ says chief executive
