Latest News – Page 312
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NewsAfrican-Caribbean Insurance Network wins CII Public Trust Award
The ACIN has been recognised as an industry leader in attracting and retaining talent to the insurance industry
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NewsFord teams up with By Miles to create pay-as-you-drive proposition
The new product, which launches later this year and requires no hardware changes, aims to save drivers money on their premium
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NewsZurich UK’s 2021 ethnicity pay gap data signals ‘more work to do’
The insurer has also revealed a series of interventions, including ethnically diverse interview panels
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NewsProposal for ePrivacy Regulation could hamper telematics insurance
The updated regulation ’should include a legal basis for the collection of data from terminal equipment’ added law firm partner
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NewsTL Dallas launches North Yorkshire division led by ex-Marsh bosses
Collectively, the two ex-Marsh hires have more than 50 years of experience in insurance and risk management
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NewsPrince Charles and global insurance industry join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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NewsUK P&I Club and Suez Canal Authority reach deal to release Ever Given vessel
The businesses are now working together to finalise formalities for a signed settlement agreement
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NewsOneglobal scoops Price Forbes’ Alistair Fox to lead new special risks team
The unit aims to go beyond the standard approach to political, security and terrorist attack risks
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NewsHouse of Insurtech secures £400k seed round funding
The insurance software market has been estimated to be worth $7bn a year
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News77% of motor insurers need to evolve policies to reflect driving behaviour – By Bits
Around 90% of drivers aged 35 and above want more transparency in pricing for motor insurance
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NewsSoaring insurtech investment to impact actuary work and job opportunities – IFoA
The Institute and Faculty of Actuaries says insurtech market entrants are targeting areas where established players are not delivering on price
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NewsBanks scoops windfall as reinsurer buys his broking group
Somerset Bridge scooped up by Bermuda reinsurer
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News‘Risk exposure changes’ driven by changing Covid-19 lockdown measures – IFoA
The Institute and Faculty of Actuaries (IFoA) has highlighted a further challenge for general insurance pricing - how ongoing lockdowns should be considered within risk rates going forward
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Online onlyMark Cliff lands new role at Hiscox
He plans to help boost Hiscox’s retail operations in the UK
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NewsMosaic to write global professional liability cover
Based in London, the new team aims to provide PI and D&O cover to protect a wide range of service providers from specific exposures
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NewsLuigi Maggio: Brokers must ‘be much better prepared for clients’ due to homeworking lag times
Moving forward, brokers need to navigate clients’ ‘wariness’ of the insurance sector following the FCA’s business interruption test case
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NewsBrits believe insurance sector didn't offer enough pandemic support – Guidewire
Guidewire’s MD for EMEA says insurers have experienced a ‘rough journey’ during the pandemic, however ’the opportunities to remedy indifference, even negativity among customers, are very achievable’
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NewsIndustry braces for claims as catalytic converter thefts surge by over 100%
The AA’s president says ’modern cat burglars stealing and selling cats for cash are part of a criminal chain’ following the insurer experiencing a rise back in April
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NewsAviva investor Cevian Capital seeks director appointment
The activist investor believes ‘Aviva has been poorly managed for many years’
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NewsToo many underwriters are letting brokers ‘fall out of the system’ – Aviva
By embracing technology, data and artificial intelligence, brokers can mitigate customer retention risks
