Latest News – Page 273
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NewsBrokerFest 2023: Clarity and focus key to navigating economic headwinds
Those firms without a clear purpose will find the market ‘a harder place’, says partner
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NewsMotorists seek new type of cover as cost and hybrid working change driving habits
Insurers that embrace non-annualised policies could ‘grasp a valuable opportunity’ to become ‘leaders’ in the motor insurance market, says white paper
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NewsOptio Group’s managing director elevated to chief executive role
The appointee has had a ‘major impact’ on the business since joining the group, says executive chairman
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NewsBrokerFest 2023: Startup broking pool of talent ‘not reaching its potential’
Ignite aims to offer an environment for innovation and growth for startup brokers, says chief executive
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NewsBeam Insurance snaps up Redditch-based broker
The business hopes to form a hub for local insurance brokers through this and further acquisitions
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NewsBrokerFest 2023: AR attraction on the rise as insurers look to engage
Insurers are looking to ‘support startups’ and AR networks amid broker consolidation landscape, says network managing director
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NewsBrokerFest 2023: System launch can unlock small and medium broker access – Phil Bayles
Chief commercial officer reveals that tool launch will help insurers ‘find the needle in the haystack’ of regional brokers to more effectively find business that matches their risk appetite
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NewsBrokerFest 2023: Cost of living crisis boosts premium finance popularity
Brokers must provide clients with ‘every available option’ to pay for premiums, says senior account manager
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NewsBrokerFest 2023: Impending insurtech report to wake up ‘sleepy brokers and insurers’
The term ‘insurtech’ could become obsolete as the sector shifts from disruptor to collaborator
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NewsAxa reports 4% hike in earnings
Gross revenues also rose by 7% across the group, said a statement
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NewsLloyd’s ‘father of the house’ Michael Meacock passes away
He was an active underwriter for Syndicate 727 for more than 55 years
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NewsCazoo sells Cazana to Percayso Inform for undisclosed sum
Managing director describes purchase as ’a transformational deal’
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NewsBrokerFest 2023: Brokers must display understanding, communication and confidence to succeed with commercial clients
Businesses are also turning to their insurance brokers for risk management support, adds expert panel
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NewsBrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA
’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
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NewsIndustry needs to deliver underinsurance message as threat deepens
‘We are looking to arm the brokers with the data that will allow them to have a conversation,’ says head of underwriting transformation
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NewsOpen GI enters usage-based insurance market with latest partnership
The cost of living crisis and inflation has seen a rise in usage based insurance models
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NewsGhost broker threat will require rethink on efforts to combat fraud – Markerstudy
‘We fully expect we will see an increase in fraud in the coming year,’ says head of counter fraud
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NewsInsurers’ appeal over court’s hybrid injury decision criticised as case backlog mounts
Industry commentator believes ‘insurers seem to be cutting off their nose to spite their face’ with move to disagree Court of Appeal finding
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NewsLMA launches new chief underwriting officers committee
The new body intends to support Lloyd’s market members through guidance and strategy implementation
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NewsBrokerFest 2023: Ignite Insurance Systems to explain accelerator lifeline for entrepreneurial brokers
Insurtech’s managing director set to discuss the launch of his firm’s Ignition programme and how this can help brokers that are looking to innovate
