Latest News – Page 283
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NewsSix out of 10 SMEs rely on credit to pay for insurance – Premium Credit
The role of brokers to support businesses has ‘never been more critical’, says chief sales officer
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NewsMajority of insurers believe climate risk will impact investment portfolio – BlackRock
Environmental risk is now considered a serious threat for insurers
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FeaturesBrokers and LEI providers must ‘bridge the access to justice gap’ for personal injury claimants
Poor usability of the OIC portal and solicitors’ cherry-picking cases has left claimants in a vicious circle
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NewsPost Office travel cover sales surpass pre-Covid levels this November
Relaxing Covid travel restrictions has supported the continuation of strong sales into autumn, says product portfolio director
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NewsAston Lark snaps up commercial insurance broker
The acquisition will allow the independent broker to continue growing its corporate broking business
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NewsInsurtech to help brokers and insurers navigate flood risk amid partnership extension
The insurtech aims to make best in class data sets easily available
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NewsAviva calls on government to make Online Safety Bill inclusive of spoofing scams
FCA data reported that £78m was stolen by clone firm investment scams between January and December 2020
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NewsBrokers are ‘at the heart’ of the industry’s push to achieve net zero – LIIBA
Regulators, however, need to be flexible and less demanding for data, says broker body top boss
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NewsChallenging cyber insurance market in 2022 will force major insurer withdrawal - report
‘Bottom line, insurers have been collecting small premiums while facing near infinite risks’, says senior analyst
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NewsZurich’s property and casualty GWP up by 11%
The insurer’s chief financial officer says that recent claims events are ’likely to extend the hard market’
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NewsFSCS forecasts £900m levy amid postponed retail pool
Postponing the retail pool gave FSCS time to gain ’better understanding of failures for the current financial year’ chief executive Caroline Rainbird says
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NewsVan insurance premiums for the UK’s youngest drivers fall 18.1% - Consumer Intelligence
Despite the drop, the price of a typical annual policy remains high
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NewsNicky Morgan joins ABI replacing Jon Dye
The trade association has has also made two further appointments
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NewsAviva on course to deliver £4bn back to shareholders
Group chief executive Amanda Blanc says the insurer ’will continue to make excellent and rapid strategic progress’
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NewsAviva’s general insurance GWP sees 5% growth
Commercial lines saw room for growth and continued rate momentum
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NewsAllianz’s total revenue growth soars despite natural disaster burdens
Asset management and life business segments spearheaded profits with property remaining strong
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NewsAgeas UK profits up but claims inflation returns to motor
The insurer will ‘remain disciplined’ in its approach to pricing following financial toll on motor, says chief executive
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NewsSabre Insurance inks underwriting deal with motorcycle broker
The insurer has full control of pricing, meanwhile investment bank Peel Hunt predicts Sabre could reprice its new portfolio
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NewsUK insurance staff waste eight hours each week trying to understand data – Abbyy
Artificial intelligence skills could help empower staff
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NewsManchester-based insurtech broker eyes deals after £9m investment
The money will fund the group’s latest deal while accelerating its M&A strategy
