Latest News – Page 3
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NewsPartnership launches major new drone and Evtol insurance facility
‘We’re also excited because the facility provides the opportunity to support the rapidly expanding field of drone passenger services, or Evtol ’, says founder and managing director
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NewsOne in six motorists admit lying to cut insurance bills
‘It’s clear from our research that some motorists are taking drastic actions in an effort to try and reduce their costs,’ says chief executive
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Xceedance appoints new global chief operating officer
’We expect his strategic insights and industry knowledge to contribute to our growth in important ways,’ says chief executive
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NewsSurge in broker demand across non-standard home and motor market
‘These findings reaffirm what we hear from our broker partners every day – non-standard is where opportunity lies,’ says managing director
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NewsChief executive at P&I insurer to resign at end of 2025
’The time is right for me to move to my next professional stage in life,’ says chief executive
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NewsEcclesiastical to open new Glasgow office after surge in Scottish business
’We want to grow the business further and be the first choice for Scottish brokers in our target markets,’ says intermediary managing director
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NewsAdmiral agrees to sell US motor business to private investment firm
Leader says the insurer has made the move as it looks to focus on delivering ’long-term sustainable growth in our businesses in the UK and mainland Europe’
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NewsBroking group expands in Suffolk with purchase of commercial broker
’Being part of a larger broker means we will benefit from an increased presence in the market,’ says founder
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NewsReinsurer appoints chief finance and investment officer as two veterans retire
’He has an impressive track record and will bring a wealth of experience, expertise and energy to this new role,’ says chief executive
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NewsHowden secures another sport sponsorship deal
’We’re already two like-minded organisations,’ says chief executive
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NewsAxa warns of ‘unusually high spike’ in crime at empty commercial premises
’It’s concerning to see a rise in criminal activity at vacant sites, both in terms of the number of premises being targeted and the level of violence involved,’ says director
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NewsClimate protesters occupy commercial insurer’s office lobby
Protesters refused to leave for several hours
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NewsAllianz UK expands personal lines retail leadership team with senior hire
’She brings a vast amount of energy, experience and drive to the job,’ says managing director
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NewsUK broker accused of failing to prevent international bribery
Representatives of the firm have been ordered to appear before Westminster Magistrates’ Court
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NewsBrokers call on insurers to make more products available on software platforms
‘These results underline the importance of improving digital accessibility and usability in the commercial motor insurance market,’ says head of schemes
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NewsMarkel to acquire 51-year-old MGA specialising in marine products
’There are clear strategic and cultural similarities between the two businesses,’ says chief executive
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NewsMiller launches dedicated European delegated authorities team
‘As we continue to go from strength to strength, I’m excited to see our capabilities continue to evolve in this space,’ says head of delegated authorities
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NewsInternational broker completes MBO after selling UK arm
’It provides us with access to new funding that we will use to grow our offices, services, capabilities and technology,’ says chief executive
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NewsIndustry warned of looming insurance leadership crisis after M&A surge
’Whether leaders leave for new jobs, or leave the sector altogether, they will take with them years of experience, in some cases decades,’ says chief executive
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NewsAI usage in insurance is an ‘evolution, not revolution’ – Hiscox
Insurer’s head of technology emphasises that AI is ’a tool to enhance existing practices’, rather than act as a replacement for current people and processes
