Latest News – Page 271
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NewsSam White reveals corporate psychologist as new Freedom Services Group chief executive
Incoming boss seeks to provide ‘therapy for the whole business’ to eliminate organisational obstacles, says White
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NewsManifesto 2022: Biba demands fairer compensation levy for GI brokers following member 'uproar'
Although Biba’s members are happy to contribute to a compensation scheme, the current arrangement feels ’more like bailing out rather than chipping in’, says trade body chief executive
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NewsCo-op Insurance and Markerstudy launch pet cover with Towie’s Pete Wicks
The pair hope to help make pet adoption more affordable
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NewsManifesto 2022: Biba pushes for transparency and accountability at the FCA
The introduction of the new objective is designed to allow the insurance industry to ‘grow and prosper’, says economic secretary
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NewsInsurance sector must ‘look calmly’ at the lessons learned from BI test case – John Glen
Economic secretary to the Treasury believes ‘brokers will play a crucial role in rebuilding consumer trust and developing clearly worded policies going forward’
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NewsMore difficult for traditional insurers to compete with insurtechs – Capgemini
Embracing a data driven approach could help insurers claw back market share
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NewsAegis London promotes internally for new chief underwriting officer
The appointment is ‘well placed’ to boost the business’ data led strategic agenda, says incoming chief executive
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NewsThe Clear Group denies rumours it is up for sale
Chief executive notes that the broker is ‘approached all the time by parties keen to invest in The Clear Group, but this does not mean that we are for sale’
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NewsLaka raises $12m to build e-mobility insurtech in Europe
The insurtech plans to expand its product offering and double its remote-first workforce
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NewsManifesto 2022: Business interruption insurance needs more clarity – Biba
Biba members have said that a 12-month indemnity period is not long enough
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NewsManifesto 2022: Biba urges Road Traffic Act amendment post-Brexit
Changing the Road Traffic Act could save UK motor insurance policyholders £50 each
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NewsMotor injury claims reported to government body plummet in 2021 – ACSO
Despite the FCA introducing new pricing rules to protect consumers, the insurance industry reaping £3.3bn in profits is the ‘beneficiary’ from in the drop off in motor claims, says executive director
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NewsInsurtech startup raises £3m to scale insurance fraud platform
The business will also be investing in its people, with plans to double the size of its engineering team
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NewsFCA is ‘an impediment to the effective working of the market’
Biba’s chairman noted that the FCA appears to be implementing ‘regulation for the sake of regulation’, which is ‘affecting competition, productivity and innovation’ within the broking community
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NewsFCA staff to vote on strike action in response to bonus cuts
Trade union alleges that FCA staff outside of London are due to be put on lower pay scales and that abolishing employee bonuses across the workforce will lead to pay cuts of up to 12%
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NewsManifesto 2022: E-scooters need compulsory public liability insurance
The trade body has also called for e-scooter insurance policies to be exempt from insurance premium tax
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NewsManifesto 2022: Biba urges UK government to slash IPT to 10% in next Budget
The trade body further believes that IPT relief should be offered for cladding-linked property insurance, telematics-based motor policies and cyber cover
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NewsBiba launches ‘biggest’ manifesto for 2022
The 84-page document, themed around managing risk, contains 52 calls for action from the broker trade body across six detailed chapters
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NewsBishopsgate snaps up division managing director from Lloyd’s broker competitor
The appointment links to the ‘wider Ardonagh Specialty strategy and international growth plans’, says chief executive
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NewsInsurtech Send Technology Solutions makes US debut via partnership
It is a landmark deal for the insurtech
