Latest News – Page 278
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Cryptocurrency holds innovation opportunity for insurance industry
There is ’a tonne of potential and lots of gnarly stuff to get our heads around as insurers’ when it comes to cryptocurrency, according to insurer Beazley
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Insurers set to become ‘lifestyle partners’ for customers in 2022 - Capgemini
Success in P&C market will hinge on being ‘customer-centric, savvy about intelligent processes, able to bring products to market agilely and willing to collaborate at scale with ecosystem partners’
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Insurers urged to take action on underwriting to fight global warming
Underwriting is an important part of fighting climate change, says climate research group
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Bought By Many’s GWP doubles to £146m
By increasing its staff headcount and not putting employees on furlough, the business was able to cope with the pandemic pet boom
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Insurance tycoon wants ban on ‘disgusting’ Bitcoin
Berkshire Hathaway vice-chairman says China was right to launch a crackdown on cryptocurrency
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Allianz boosts D&O offering
The insurer has boosted its D&O offering after legislation and regulation tops business concerns
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ACIN’s talent acquisition arm places 32 ethnic minority graduates in insurance jobs
Lloyd’s new target is that a third of all new hires across the market should be from ethnic minority backgrounds
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Insurers set for ‘bumpy ride’ as GI premiums set to slow in 2022 - EY
Car manufacturers have faced supply chain bottlenecks, which has impacted insurance
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Cycling insurance firm launches broking service for mobility and gig economy businesses
The business plans to help build ‘a more resilient industry’ for the cycling community
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Bain Capital’s takeover of LV= off the cards after member vote
The company’s board is ‘disappointed’ with the final verdict from members
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Ticker and Trakm8 join forces on pay-per-mile proposition
The partnership followed a ’competitive trial process’
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Somerset Bridge unveils new CEO as it gears up for growth
Non-exec steps up to take major role as boss
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Revealed: Which firms came out on top at 2021’s Insurance Times Awards?
It was certainly a night to remember, with 36 industry awards being presented at a lavish ceremony in a swanky London hotel. But which firms were declared the evening’s winners?
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Allianz pledges £100k to help independent brokers transition to net zero in 2022
Independent brokers that work with Allianz and employ up to 50 people are invited to apply for the insurer’s latest programme
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Second batch of Official Injury Claim portal data confirms early trends
The MoJ has released its second lot of quarterly data, which hints that ’some claimants are unable or reluctant to pursue their claims through the OIC’ portal
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Ardonagh Advisory makes ‘pivotal’ senior appointments to boost digital strategy
The two hires are ’pivotal’ in the execution of Ardonagh Advisory’s overall strategy, according to the platform’s chief executive
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Manchester-based broker exceeds 2022 £100m GWP target already
The broker’s chief executive says the business is in a ’fantastic position’ to grow
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Insurance industry backs FCA’s Consumer Duty as 'a new frontier' for customer protection
The FCA believes that ’firms are not consistently and sufficiently prioritising good consumer outcomes’, therefore its Consumer Duty will mark ’a new frontier’ in its supervision approach
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RSA confirms new UK and international boss as Egan steps down
The new chief executive for UK&I will join the insurer at ‘a critical time’ following Scott Egan’s departure at the end of the year
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Consumer Intelligence inks deal with Markerstudy
The deal will support Markerstudy’s long-term broking partnership