Latest News – Page 268
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NewsLloyd’s Lab reveals insurtechs in tenth cohort pitch day
’The insurance sector and innovation have to some moved at a slow pace – with the industry being conservative in nature and therefore slow to embrace change,’ says Altus non-executive director
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NewsFCA appoints new enforcement directors as it looks to become ‘more assertive’
The new executive committee will bring a ‘highly complementary skillset,’ says chief executive
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NewsLloyd’s of London reports strong COR despite headwinds causing ‘substantial claims’
’Looking to 2023, we expect strong premium growth,’ says Lloyd’s chief executive
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NewsArdonagh Group’s ebitda grows by 22% in 2022
The group’s chief executive believes the group has now ‘topped out’ its initial business ‘vision’
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NewsUK&I leads way in European insurance M&A deals – but has activity reached its peak?
There is ’increased saturation in the UK and Irish markets’, warns FTI Consulting
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NewsNearly one in five SMEs cutting insurance cover – Allianz
This development ’raised the risk’ of underinsurance, says insurer
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NewsNew insurance service launched for classic car collectors
’We are proud to launch this new initiative to market,’ the managing director of automotive and specialist insurer Hagerty said
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NewsGeneral insurance receives 19,346 new complaints over H2 2022 – FOS
The upheld rate is ’back above pre-pandemic levels’ in a concerning turn for the sector, says co-founder
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NewsIndustry faces ‘serious’ question over treatment of non-tariff personal injury claims
’The increase of wrist, elbow and knee claims has to be a real concern,’ the chief executive and managing partner of Horwich Farrelly warned
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NewsHNW clients more concerned about crime since cost of living crisis – Ecclesiastical
‘Brokers play an important role in helping high net worth clients understand the risks they are facing,’ says art and private client business director
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NewsEx-Applied Systems managing director joins IS2 as commercial director
The new recruit will be supporting IS2’s entry into new sectors and advising on potential acquisitions
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NewsOIC portal could come under ‘further pressure’
’Access to justice for those injured in road traffic accidents must remain paramount,’ says specialist personal injury legal body
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NewsInsurance Times publishes full Five Star Rating Report: Commercial and Personal Lines 2022/23
Nearly 1,000 UK-based brokers participated in Insurance Times’ Broker Service Survey to inform this year’s exclusive report
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News‘Words speaking louder than actions in D&I’
The co-founder of the Insurance Cultural Awareness Network said there were ‘real core issues’
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NewsTech Nation reveals 70 redundancies
The tech industry trade organisation is reportedly in a Tupe dispute with the new recipient of its pulled funding
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NewsFCA sends Consumer Duty survey to cross-sector firms
The regulator is seeking views on its new regulatory framework prior to implementation in summer
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NewsRussell White: ‘Crucial year’ ahead after ‘tough’ reinsurance renewals
Peach Pi’s commercial distribution and trading director said 2023 has seen ’really tough reinsurance renewals for everybody’
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NewsSummer 2022 heatwave saw surge in subsidence payouts – ABI
Insurers are expected to pay £219m in subsidence claims for 2022 caused by last summer’s ’record breaking high temperatures’, says association
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NewsAnimal infestation home insurance claims on the rise
Home insurance claims relating to animal infestation are at ‘an all-time high’, according to new data
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NewsTechnological shift could prompt new method of claims analysis
Kennedys’ IQ product manager says analysing claims months down the line is ‘not acceptable’
