Latest News – Page 305
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Sabre sees dip in GWP for 2021’s H1 as pandemic ramifications continue
However, the insurer’s chief executive has ‘cautious optimism’ as the firm records portfolio growth of 2.8% between 2021’s Q1 and 30 June
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Bought By Many scoops ex-Spotify lead as new chief product officer
The group has doubled its team over the past year, as well as gained unicorn status in June
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Lloyd’s of London hires ex-cabinet secretary Sedwill in council role
He succeeds Andy Haste, who will shortly have completed nine years as Lloyd’s deputy chair
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CDL reports £52.7m turnover for 2020
The full year results are in line with the insurtech’s performance for the year ending September 2019, when it recorded a £52.9m turnover
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Ardonagh Group creates new European business
The new division will be led by Arachas chief executive in Dublin
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Aon aborts $30bn WTW mega-merger
The broker said it had reached an ’impasse’ with the United States Department of Justice, despite progress last week regarding a potential settlement agreement
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A-Plan gunning to be a UK top 10 commercial broker
The business aims to double the size of its commercial book over the next three years
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Esure secures Centrica managing director as new chief trading officer
The new hire aims to help ‘deliver the transformation’ of esure’s digital innovation
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Aviva to pay out Covid BI claims to physios after broker and trade bodies apply pressure
The insurer initially declined Chartered Society of Physiotherapy members’ claims under its surgery policy, but has now revised its stance
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Insurers must ‘increase their knowledge and expertise’ around cyber risks
If global multiline insurers do not stay on top of cyber trends, potential claims may ‘no longer be insurable in an extreme scenario’, says insurance director
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Brokers could play a ‘crucial role’ as insurers brace for claims amid July flash floods
’Continuous real-time modelling’ is essential ’to generate effective early warnings for flash floods’
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Staysure Group seeks to reform pet insurance with new product
Its new policy can be tailored to cover multiple cats or dogs under a single cover
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Lloyd’s of London names first female deputy chair
She has worked in the Lloyd’s market for 40 years
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QuestGates boosts Ireland operations with double acquisition
The deals aim to bolster the firm’s ‘ambitious growth plans’ as the loss adjuster looks to ‘shake up the status quo’
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Beazley bolsters GWP by 22% in first half of 2021
Chief exec is ‘excited about the growth opportunities ahead’ as profit before tax improves from 2020’s loss position
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QBE vows to ‘do more’ after publishing first UK ethnicity pay gap report
QBE has laid out what it will be doing to address its ethnicity pay gap
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Aston Lark Ireland buys Dublin-based motorbike broker
Aston Lark Ireland chief executive says acquisition ’significantly diversifies’ firm’s existing personal lines business
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James Reader set to leave Covéa after nine years as chief exec
The insurer’s chief operating officer will fill the top spot
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Bogus car insurance broker sentenced after pocketing almost £18k
The fraudster was also behind a dissolved broker advertising insurance services for private clients
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Nearly three quarters of consumers willing to share personal data to get cheaper premiums – Capco
The global technology and digital consultancy’s latest survey highlights four areas of opportunity for insurers