Latest News – Page 301
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Aviva’s share price surges as boss Amanda Blanc delights investors
It also announced a £750m share buyback to commence immediately
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Zurich bounces back from pandemic with best underwriting result in years
UK boss Tim Bailey says insurer did ‘incredibly well’ amid pandemic challenges
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FCA to allow rolling applications for regulatory sandbox
Insurtech UK says the rolling sandbox has always been a ’historic policy objective’ for the trade body
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FCA pricing reform will encourage ‘evolution rather than a revolution’ – Admiral Group
The group will be investing in ‘planting new seeds for product diversification’ to improve customers’ claims journeys, adds chief exec
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Neos’ UK consumer awareness could prove ‘challenging’ for Sky – GlobalData
A quarter (25%) of respondents in GlobalData’s survey who have household insurance also own a smart thermometer
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Allianz Holdings’ 2021 half year results still showcasing Covid ‘ups and downs’
Chief exec compares fleet and pet insurance revenue figures to demonstrate pandemic impact
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Marsh enters Amazon partnership to provide product liability insurance for online sellers
Amazon’s new digital insurance network aims to help the site’s sellers obtain quotes from reputable insurers
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Fewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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Admiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021
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MCE Insurance enhances board with new finance director
The appointment is a strategic move to help modernise the business as an insurtech
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New broker-centric MGA Hoxton Insurance Services hits high net worth sector
The first MGA launched under the NuVenture banner aims ’to reinvent the broker and client experience for mid and HNW personal lines business’
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Zego advances data and technology stance by boosting engineering staff
More than one in three engineering leadership positions are occupied by women, including Zego’s chief technology officer
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QuestGates reveals third acquisition of 2021
The strategic deal aims to bolster the loss adjuster’s focus on innovation and service delivery
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Esure, Pikl and Sheilas’ Wheels sign distribution deal
The insurtech describes the deal as a ‘prestigious partnership’, while esure believes the move is a ‘game-changer’ for the industry
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Aston Lark Group buys film and visual arts specialist broker
The new purchase complements Aston Lark’s performance, film and media brand
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Allianz shows ‘continued determination’ to find ‘ways to trade successfully with brokers’
LV=GI boss adds that the ‘opportunities’ to work with brokers are ‘great’ as its intermediary channel grows by 150% in 2021’s H1
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Blenheim Underwriting receives managing agency approval
The strategic move is a ‘significant milestone’ for the group
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Right Choice Holdings completes Moorhouse Group buy
Moorhouse will become a sister company to Bennetts and Right Choice Insurance Brokers
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WhenFresh teams up with Bluesky to combat subsidence risk
WhenFresh chief exec says the firm continues to bring together best in class property data assets to empower insurers
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AIG tightens cyber insurance limits as premiums climb
The insurer’s planned sale of its life and retirement business via an initial public offering is likely to happen in Q1 2022