Latest News – Page 272
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NewsUK anti-fraud minister resigns over government’s ‘woeful’ handling of Covid business loan fraud
More than 1,000 companies received bounce back loans despite the fact that they ’were not even trading when Covid struck’, according to the minister
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NewsWTW hires ex-Lloyd’s chief digital officer to lead commercial lines strategy
The new hire has a background in banking and has served on various fintech boards
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NewsDrones, medical malpractice and cyber are top tech risks for 2022 - DAC Beachcroft
Climate change was also cited as a key risk by the law firm
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NewsFCA’s GI pricing reform wreaks havoc for consumers seeking cheaper premiums – GlobalData
The ‘largest threat to insurers’ following the pricing rule change ’is likely to be from pay-per-mile motor insurers’, says insurance analyst
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NewsAon bolsters UK leadership team with new COO
Both of the new appointments are ‘highly respected, recognised leaders and will enhance our organisation’s operations’, says chief operating officer
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NewsPIB Group makes fifth acquisition in Ireland
Insurance intermediary firm grows ‘arsenal’ in Ireland with latest purchase of retail commercial broker
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NewsPen Underwriting inks multiyear capacity deal extensions with QBE
The businesses have worked together for the past 20 years
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NewsThe Clear Group buys Ashford-based broker in first deal of 2022
The transaction marks the broking group’s 32nd M&A deal since 2001
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NewsCocktail bar chain leads formation of BI action group against RSA and QIC Europe
UK restaurant and bar group’s ‘substantial’ claim highlights how hospitality businesses are having ‘to fight tooth and nail to obtain an indemnity’, says company director
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NewsInsurers must prepare to pay interim material costs for cashflow concerned builders
Insurers ‘can expect a much wider range of project costs than normal’, predicts senior surveyor
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NewsLloyd’s looks to relocate after more than three decades in current home
The marketplace will reveal its workforce plans this year
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NewsBrokers must be at the forefront of the fight against climate change – LIIBA
‘Fundamental change in culture at the FCA’ will also be vital to improve the competitiveness of the UK insurance market, says chief executive
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NewsPrevisico scoops ex-Charles Taylor group chief exec as chairman
The insurtech feels its new hire is the ‘perfect fit’ for the role
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NewsTesco Bank confirms executive team following interim appointments
Two senior leaders are also leaving the business
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NewsLloyd’s of London hires ex-Chubb executive as new commercial director
The new hire has previously held senior roles at Axa, WTW and AIG
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NewsHowden Group boosts revenue by 48% in 2021 thanks to organic growth uptick
The broker attributed its 2021 revenue uptick to organic growth fuelled by talent in the business
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NewsTractable launches artificial intelligence property solution for extreme weather
With climate change instigating more natural disasters, the insurtech is applying its auto appraisal know-how to property claims
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NewsMarsh’s vice-chairman set to retire this March
The broker’s vice-chairman ‘played a key role in successfully integrating’ Marsh and JLT, said group president and chief operating officer
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NewsPrivate equity company finalises Direct Commercial Group investment
DCG’s founder and chief executive will remain the majority shareholder
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NewsSteve Symes steps down from the helm at Genasys
Symes’ replacement sees ‘boundless’ opportunities for the business to grow
