Latest News – Page 304
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NewsBrokerFest back with in-person event for 2021
Confirmed speakers so far include McCarron Coates director, Allianz Commercial chief executive and Ardonagh Advisory boss
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NewsPremFina names ex-Close Brothers boss as new UK and Ireland chief exec
PremFina’s group chief exec says the creation of an international division will help the premium finance provider meet its ambitious growth plans
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NewsCII exposes cyber risk knowledge gap
The lack of knowledge around cyber insurance could result in mis-selling and poor customer outcomes, according to the CII
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NewsLloyd’s launches plan to accelerate UK’s transition to net zero
There is a ‘pressing need for a coordinated global effort to effect monumental transformation’, says insurance taskforce chair
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NewsUK government reveals billion-pound plan to reduce flooding and coastal erosion risk
The proposed measures aim to better protect and ‘provide reassurance to communities and businesses’
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NewsFCA launches diversity disclosure consultation for listed companies
The regulator believes ’there is a current lack of standardised and mandatory transparency about diversity’
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NewsCFC’s chief innovation officer promoted to chief exec
The MGA’s current chief executive Dave Walsh will become group chief executive in turn
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NewsGlobal insurtech funding balloons to $4.8bn in 2021’s Q2
Global head of insurtech at Willis Re says firms that use technology to redefine insurance will thrive
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NewsTasker Insurance Group buys independent commercial broker
The acquisition plans to bolster Tasker’s mid corporate capability and PI expertise in the North West
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsMotor insurance pricing drops 5% in three months – Pearson Ham
‘Cashing in’ could be a potential strategy for insurers ahead of the FCA’s pricing remedies coming into force
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NewsProtestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Insurance Rebellion members also have insurer Tokio Marine HCC within their crosshairs
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NewsTifgroup ‘temporarily’ stops sales of new travel insurance policies for UK customers
The MGA’s insurer partner is ‘evaluating options for the future’, including possibly ‘permanently leaving the UK market’
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NewsMarkel UK and Cytora partnership set to accelerate profitable growth
The insurer aims to become a ’digitally enabled insurance company’
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NewsRight Choice chooses ThingCo for new telematics partnership
As personalised insurance increases in demand, the broker has ’firm ambitions to grow our telematics book of business’
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NewsEcclesiastical Insurance and Shepherd launch new smart property proposition
The technology aims to help protect some of the UK’s most prestigious properties and sites
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NewsMcLarens bolsters global TPA expansion with new recruits
Global head of TPA at McLarens says the firm is focused on delivering quality outcomes, so it has hand-picked the best experts in the industry
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NewsSubsidence claims increased by 49% in last year – LV=GI
The spike in claims was triggered by the increase in building surveys related to house sales, as well as significant heatwaves
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NewsGlobal commercial insurance prices increased by 15% in Q2 – Marsh
Despite continued pressure on pricing, ’the general trend of moderating price increases’ will ’continue through the rest of the year’, says Marsh president
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NewsSabre Insurance to launch flexible motor insurance product in H2
The insurer has plans to make the new product available for its 1,000 UK broker partners too
