Latest News – Page 284
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NewsGovernment’s post-Brexit financial services regulation proposals could see insurance sector ‘flourish’
The consultation on the future regulatory framework will close on 9 February next year
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NewsArag appoints broker business manager
The new hire has more than 30 years of industry experience
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NewsTwo LV= General Insurance branded bodyshops gain Green Heart status
Just over 75% of the the insurer’s branded bodyshops are now carbon neutral
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NewsDirect Line Group reports £857.1m GWP for 2021’s Q3
Chief executive says the insurer has made ‘strong progress’ so far this year and is ‘on track’ to meet the FCA’s upcoming pricing reform deadline
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NewsGRP-owned Premier Choice Healthcare buys Bournemouth-based business
The broker plans to apply ‘the acquisition success’ it has achieved in the UK retail commercial broking market to the PMI sector
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NewsInsurance Task Force launches framework to improve disaster resilience
Lloyd’s chair says ‘the global insurance industry has a crucial role to play in addressing the needs of developing countries’
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NewsPIB Group extends Irish footprint with retail broker buy
The deal marks the broker’s 11th acquisition in 2021 and its third purchase in Ireland as the firm continues its international expansion strategy
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NewsTrade bodies band together to create standardised product governance assessment form
Without cross-market guidance, the new rules had the potential to ‘snowball into an unmanageable administrative burden’ for insurance market participants, says LMA head of regulatory affairs
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NewsBackchat November 2021
A spy running late, a spooky Halloween inspired game for brokers and a controversial home insurance advert. What has the insurance industry been up to lately? You heard it here first…
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NewsFilm and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’
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NewsFlood Re chief exec urges focus on ‘Build Back Better scheme’ as ‘resilience is not being prioritised’
Homes need to be built ‘in the right place and in the right way’ to help make them ‘more resilient to rising temperatures and an increased risk of flooding’
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NewsLIVE: Top 50 Brokers 2021 Digital Edition
The industry’s most comprehensive list of top general insurance brokers in the UK is now available
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NewsForum of Insurance Lawyers elects new president from BLM Law
Key agenda items for the membership organisation in the next year includes climate change, diversity and inclusion and business transition post-pandemic
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NewsBeazley reports GWP improvement of 29% for 2021’s Q3
Chief executive believes the insurer is in a ‘great position to capitalise’ on the ‘the opportunity in the cyber market’
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NewsShift in claim trends creates demand for new talent in property insurance
Utilising educational institution career fairs and in-house development are key ways to attract new, younger talent to the sector
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NewsAxa’s P&C total revenue grows 5% in first nine months of 2021
The insurer’s quarter three financial update reveals commercial lines revenue growth of 7% in the nine months to 30 September 2021
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NewsAvid Insurance Services launches its first GAP insurance product
The product will ‘give retailers and customers much more confidence in GAP’ following years of unrated underwriting, says head of ancillary motor
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NewsAxa to launch €1.7bn share buyback programme
The insurer plans to cancel all repurchased shares
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NewsQBE signs three-year deal with rehabilitation services provider
The ‘market tender exercise is a great way for QBE to assess the rehabilitation providers in the market’, says the insurer’s rehabilitation manager
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NewsHome and motor insurance markets predicted to be loss-making in 2022 – EY
The professional services firm also believes insurers will need to increasingly focus on environmental, social and governance factors
