Latest News – Page 275
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NewsCar and motorcycle insurance drove 2,769 new complaints in 2022’s Q3 - FOS
Insurers must be careful when handling motor claims and ‘do more to close the expectation gap’, says Insurance DataLab co-founder
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NewsCustomers’ ages can pose communication challenge for insurers and brokers
Expert panel discussed the ongoing challenges surrounding the age of customers and the use of digital touchpoints in insurance based on key findings from Sollers Consulting’s latest research
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NewsRansomware could be ‘potential wrecking ball’ for businesses amid Royal Mail $80m ransom
Reports suggest that Royal Mail has refused to pay the ransom
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NewsBrits' confidence in overseas travel renewed as policy sales increase – World Nomads
The insurer’s insights reflect that UK travellers have ‘well and truly cast the shackles off post-pandemic’, says general manager
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NewsSupply chain risk demands businesses’ full attention – Chubb
‘Robust risk management and business resilience strategies are critical to future-proofing supply chains,’ says co-author
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NewsGRP purchases commercial broker to cover underserved locations
The business, which will join the firm’s retail division, has served insurance consumers since 1967
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NewsBiba calls for government intervention as SMEs face ‘very real’ cyber risks
The broker trade body and cyber underwriter CFC have teamed up to improve the cyber landscape amid reports of low penetration of cover
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NewsBrokerFest 2023: FCA set to address fair value assessments and Consumer Duty at 2023 event
The one-day, London-based conference will kick-start with a detailed discussion on regulation
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NewsUK underinsurance crisis evident in 2022 - BCH
Buildings insurance valuation services company finds that for 75% of the instructions it received last year, the property in question was underinsured
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NewsHousehold premiums fall 6% year-on-year despite 2022’s extreme weather costs
The average price paid for combined buildings and contents insurance was £300 last year
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NewsInsurers must work together to improve consumer trust if they are to avoid outside regulation – ACSO
Insurers demonstrating that they can collaborate effectively on claims would mitigate the need for potential government involvement, says executive director
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NewsUS Virgin Islands-based insurance agency launches in London
The AR arrangement aims to create ‘a truly Caribbean-owned Lloyd’s entity’ that maintains ‘a Caribbean identity’
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NewsGoShorty recruits as it looks to go big in motor market
Managing director says the appointments ‘significantly strengthen our team’ and puts the firm ‘in a great position to execute our growth plan’
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NewsLondon market broker looks to future with new c-suite appointment
The internal candidate will be ‘invaluable in delivering our strategic growth plans’, says chief executive
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NewsInsurers must seek to mitigate claims inflation – although there is ‘no simple answer’
Law firm identifies raft of new claim types hitting insurers, including gaming disorders and employers’ liability data breaches
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NewsBroker claims service battle still to be won – Gracechurch
Insurers need to invest in their claims operations if they want to keep pace with the demands of their clients, says managing director
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NewsYounger insurance customers prefer human interaction – Sollers Consulting
‘There is something about this online experience that is not speaking to the younger demographic’, says business architect
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NewsTechnology and data pose fresh challenges for insurance sector’s trust issues
’What might be good for business, will be devastating for trust’, says report author
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NewsHamilton Fraser acquires commercial broker in first purchase under GRP
The rental sector and cosmetic practitioner expert will grow the Borehamwood-based firm’s commercial portfolio, says chief executive
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NewsMovo accomplishes 70% GWP growth in 2022
The broker network has set eyes on increasing its books by an additional 30% this year
