Latest News – Page 315
-
NewsHoncho is ‘packing up’
The business found ’it difficult to acquire customers in a highly competitive space’ as well as rising inflation
-
NewsNewest OIC performance data show continued decline in claims
The portal is also ‘failing’ to provide access to justice as average settlement times are increasing, according to ACSO executive director
-
NewsLV=GI secures IFB leader as new director of financial crime
The appointee has spent the last three years at the MIB in addition to leading the IFB
-
NewsStrike action travel insurance cover sparse amid airline complications – Which?
Nearly half of travel insurance policies do not cover customers for strikes by airport or airline staff, the firm’s latest research reveals
-
NewsRipe Thinking’s £23.3m turnover for 2021 signals insurtech’s growth
The insurtech now has plans to grow its staff numbers and will be launching new products later this year
-
NewsBroker consolidation indicates ‘rosy future for the broking market’ – Accenture
Brokers must also move from ‘traditional risk indemnity into risk management mitigation’ to obtain ‘frequent customer engagement’, says senior managing director
-
NewsBrokerFest and Insurance2025 in pictures
The photos are in for BrokerFest2022! Can you spot yourself? You can also catch up on the full coverage here
-
NewsPublic expects insurers to ‘lean into’ the challenges posed by systemic risks – James Dalton
The sector must ‘think carefully’ about how it can best respond to these types of risks, however
-
NewsMusic streaming giants’ success is cautionary tale for Future at Lloyd’s – Altus
’Proper playbooks’ are needed to help Lloyd’s regain competitive edge
-
NewsLloyd’s launches pilot LGBTQ+ mentoring programme
The programme is expected to go live in September 2022
-
NewsRising cost of living provides ‘opportunity’ for industry to tailor products – Guidewire Software
Ever increasing inflation is causing consumers to choose between putting food on the table or buying insurance - however, the industry is in a key position to adapt products to suit changing demands
-
NewsMotor premiums see 7.8% increase during first five months of 2022 – Consumer Intelligence
Telematics products, meanwhile, have fallen in popularity as insurers plot their new pricing strategies
-
NewsFCA’s new chair revealed
The new hire will ‘bring much needed pragmatism to the FCA board from his experience of running a major regulator’, says law firm partner
-
NewsRevealed: Insurance Times’ Technology and Innovation Awards 2022 Finalists
Winners to be revealed at an in-person ceremony at the Royal Lancaster hotel in London
-
NewsLloyd’s Europe snaps up Ageas veteran as chief underwriting officer
The new hire joined Ageas in 2015 and brings more than 18 years of insurance experience to the role
-
NewsInsurers approximately £1.44bn out of pocket due to vehicle thefts – CMA
The ‘lack of data is disguising the true, frankly embarrassing, scale of the UK’s vehicle crime problem’, says managing director and former police detective
-
NewsBishopsgate aspires for ‘leader’ status with new head of claims hire
The appointee brings over 30 years of insurance industry knowledge to the team
-
NewsComing months will pose ‘further challenges’ for the insurance sector – GlobalData
Global public insurance firms saw a “revival” in revenue in 2021 that almost hit pre-pandemic levels
-
NewsBoris Johnson resigns as Tory leader
He intends to remain in his position as prime minister until a replacement is elected in an upcoming leadership contest, however
-
NewsBiba’s increased membership pushes 2021 turnover up by 19%
The trade body’s ethos of being ’knowledgeable, approachable and passionate about brokers’ remains unchanged
