Latest News – Page 280
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NewsDavies buys US claims management software firm
It will help strengthen both the solutions and experience Davies can offer on a global scale, says chief executive
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NewsNFP snaps up UK-based health and safety consultancy
The broker will now integrate health and safety offerings into its business alongside its current products and services
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NewsQBE evens up maternity and paternity leave
The insurer has also added new wellbeing-focused initiatives, including support with fertility
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NewsHalf of UK businesses could be underinsured – Aviva
The threat underinsurance plays to SME businesses has reached a ‘critical point’, says chief executive
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NewsBrokers need more transparency and consistency with ESG client data
Greater collaboration on ESG data between reinsurers and brokers is essential to move the industry forward
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NewsFCA’s Consumer Duty provides relief for professional indemnity insurance brokers
The new rules can be used to ensure insurers ‘do not engage in sludge practices such as drawing out the time taken to pay a claim unnecessarily’, says policy and public affairs director
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NewsBrokers key in ‘shaping London market’s destiny’ for 2023
The broker body intends to support the new PPL, which is set to be rolled out in February
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NewsBusiness confidence in UK economy plummets – Aviva
The insurer’s latest report found ‘a veritable collapse’ in business outlooks
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NewsLondon market must tap young professionals to drive modernisation plans – Liiba
The broker body will be creating a focus group to listen to the ideas of young professionals more closely
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NewsSuperscript enters growing drop-shipping market
By 2027, it is believed that the drop-shipping market is set to be worth £415bn globally
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NewsRenewable energy risk managers face choppy waters in 2023 – WTW
Taking several ‘important steps’ will ‘help’ and ‘protect’ firms in this market, says executive director of the Climate Markets and Investment Association.
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NewsCost of living crisis causes 43% of insurance customers to cancel policies when seeking to cut cover costs
Head of consumer strategy queries whether the industry is doing enough ‘to be the safety net that newly financially vulnerable customers really need’
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NewsLiberty Specialty Markets promotes internally for new chief underwriting officer in London
The appointee has so far ‘contributed exceptional underwriting expertise’ and demonstrated ‘strong leadership’, says LSM’s chief underwriting officer
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NewsMoJ launches consultation on dual discount rates for personal injury claims
It is essential that this ’does not turn into a cost saving exercise that benefits the balance sheet of compensators’, says executive director
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NewsAgeas UK makes two key appointments
The insurer has recruited a new CIO and promoted for a claims director
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NewsUnited Nations’ NZIA launches inaugural target-setting protocol
The ‘landmark breakthrough’ aims to ‘serve as a catalyst to set unprecedented and ambitious’ net zero targets, says group chair
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NewsCII names new chairs for its broking and claims societies
New chair appointments are made on a biennial basis
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NewsSoaring PI costs causing law firms to close – Hazlewoods
Insurers were exiting or reducing their capacity in the ‘unprofitable’ market, says the firm
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NewsInsurance Times launches 2023 ETrading survey for UK brokers
Insurance Times’ annual eTrading survey is now open for UK brokers to share their views on their eTrading experiences over the last 12 months
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NewsAviva enhances sustainability commitment with new offshore wind market offering
The insurer’s chief executive for UK and Ireland general insurance believes this is an ‘exciting’ ‘growth area’
