Latest News – Page 306
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News
Hiscox’s Masojada to retire this year as ‘time is right to hand over to new leadership’
The current group chief executive will be succeeded by the insurer’s chief financial officer
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Small businesses see 50% hike in insurance spending – Dext
The increase has been driven by the Covid-19 pandemic
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Householder and SME climate change concerns grow but action lacking – Aviva
Only 12% of SME owners have a business continuity plan that includes climate change risks
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Aviva unveils seven steps to protect UK homes and businesses from climate change
Aviva’s Adam Winslow says severe floods and storms are an ‘acute reminder’ of how extreme weather is affecting livelihoods
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UK car insurance premiums face biggest drop in over five years
The personal lines industry is ‘braced for one of the most turbulent times in its history’ thanks to sector-wide regulation changes
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Thatcham Research launches EV training programme ‘essential’ to future success of insurance
EV registrations are rising sharply and Thatcham Research believes adoption will continue to increase
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Airmic appoints easyJet director as its next chair
The new hire, who has been a member of the association for 20 years, will succeed current chair Tracey Skinner
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Allianz Insurance seeks ‘judicial determination’ over restaurant chain BI claim
The insurer allegedly owes £16.4m to cover the restaurant chain’s pandemic-related losses
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IT Interview
e-trading Q&A: Allianz reflects on four star rating for third consecutive year in e-trading survey
Allianz’s digital trading manger, Julie Tongue tells Insurance Times’s head of research Savan Shah about its improved ranking to second position and achieving a four star rating for the third consecutive year in the e-trading star ratings survey
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IFB backs calls for government to include online ads in Online Safety Bill
The ABI has joined the IFB in asking the government to include online ads in the bill
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Axa UK rolls out new tool to streamline complex property claims
The tools aims to enable the insurer to provide ‘quicker’ and ‘more advanced’ decisions for its customers
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Trõv partners with private rental insurer
The insurtech’s founder and chief exec believes that its embedded insurance offering helps close the consumer protection gap
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GRP agrees to buy WTW’s Northern Ireland commercial risk and broking business
GRP’s group chief executive called the deal ‘a coup’ that will provide a ‘leading position in Northern Ireland broking’
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Insurer caught up over delayed water damage claim
The insurer has apologised and offered the customer £600 for the inconvenience caused
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Slug and Lettuce owner sues three insurers for £846m over covid business interruption losses
The pub group was forced to close all 760 of its pubs, bars and restaurants
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Allianz’s Jon Dye ‘keeping an open mind’ on future career plans
Dye is set to leave Allianz in November after an 18-year tenure
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Pool Re warns of ‘potential terrorist threat’ to retail and hospitality sectors as lockdown lifts
The government is considering new legislation called a ‘protect duty’ that puts greater responsibility on business owners and operators
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Aston Lark shows ‘strong resilience’ in 2020 financial results
The broker also has a goal to create the UK’s best broker following a spree of acquisitions
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Lockdown lifting set to spark crash for cash induced collisions – Ageas
The insurer’s claims director says that as lockdown has made it harder for these scams to occur, there could be a spike when restrictions lift
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British businesses suffer average loss of £223,516 from cyber-attacks – SJL Insurance
To protect assets, companies should invest in adding cyber insurance to business policies