Latest News – Page 274
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NewsBrokers still bullish despite market challenges – Aviva
Although brokers remain optimistic about their business growth in 2023, 84% are concerned that their clients are underinsured, according to insurer research
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NewsBroker’s MGA launch looks to casualty opportunities
The new MGA aims ‘to put data at the heart’ of underwriting and offer ‘real-time access to capacity partners’
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NewsBrokerFest 2023: Oxbow Partners to debate the term ‘insurtech’ at one-day event
Business management consultancy to discuss whether the term ‘insurtech’ is still relevant in 2023
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NewsLV=GI reports 60% year-on-year uptick in crash for cash linked personal injury claims
The increase in these claims stem from roads into Scotland, where the UK’s whiplash reform regulation does not apply, says the insurer
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NewsBrokerFest 2023: Panellists to discuss insurtech broker landscape post-Covid
Insurtech heavyweights will debate the current climate that insurtech brokers are facing and the opportunities that lie ahead
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NewsABI urges industry to seize opportunities from current challenges in new strategy
The trade association believes the insurance ‘sector has a huge opportunity to work together to drive change’
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NewsBGL Insurance’s Thompson steps down as chief executive
Broker’s MGA owner plans to be a ‘major player’ in consolidation activity this year
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NewsTravel MGU Tifgroup ‘excited’ to once again serve UK broker market after capacity loss
The MGU has revealed a new portal for brokers
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NewsBrokerFest 2023: Panellists set to discuss broker skill set required to support today’s commercial clients
Industry experts will clarify practical ways brokers can assist commercial clients amid the UK’s recessionary environment because ‘the role of the broker has never been more important’
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NewsInsurance salaries struggling to keep up with inflation
Insurance risk manager salaries were up in London, while claims managers’ average salaries fell
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NewsTiming of car insurance renewal alters premium costs ‘significantly’ – Forbes Advisor
Changes in costs can be due to issues of timing or risk, says motor insurance spokesperson
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NewsBrokerFest 2023: The Clear Group, KPMG and Consumer Intelligence to discuss navigating macroeconomic trends at one-day event
Expert panel will talk through the implications on the insurance sector of the cost of living crisis, inflation, Consumer Duty and building resilience in closing keynote
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NewsLessons from Hurricane Ian can enhance UK resilience - Aon
Ground floor flood vents can play an important role in mitigating flood damage, for example
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NewsAI has ‘enormous potential benefits’ for insurance but regulators should target ‘safe and responsible adoption’ – Kennedys
‘Balancing the excitement of the potential of AI with the cutting edge associated risks is crucial’, says head of innovation
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NewsAllianz plans to work ‘incredibly hard with broker partners to deal with’ underinsurance
’Underinsurance is a serious problem and every broker I speak to understands that’, says chief executive
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NewsWest End theatre group to sue Allianz over alleged BI failure
It is one of a series of Covid-19 BI claims arising from the pandemic lockdown when businesses were forced to shut
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NewsBrokerFest 2023: Expert panel to highlight commercial opportunities around embedding sustainability practices
An insurer, broker and risk management expert will talk on sustainability subjects such as reporting requirements, risk appetite and the impact of ESG awareness on placements
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NewsSchool creates AI-based method to terminate proxy discrimination in insurance pricing
If the school’s approach is adopted, insurers will be required to collect data on protected characteristics, which ‘raises privacy concerns’, says expert
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NewsAllianz Holdings posts UK COR of 99.2% for 2022
Combined revenue for the insurer’s UK businesses reached £5.6bn in 2022, its financial results showed
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NewsBrokers boost small business lending to £45bn in 2022 – NACFB
The insurance cohort has ‘firmly stepped’ into the role of a ‘modern day bank manager’, says association chair
