Latest News – Page 316
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News
McGill and Partners secures new strategic advisor from Aon
The new hire says the position ‘is a unique opportunity and one that I simply could not let pass’
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‘Futuristic’ CFC syndicate will have ‘key role’ in Lloyd’s market
Lloyd’s boss John Neal deems CFC a ’frontrunner in cyber products’
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London Market Group calls on government and insurance industry to work together post-Brexit
The trade body has launched a five-point plan to support the UK’s competitive position after leaving the European Union
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Gallagher hires new reinsurance chief executive from Aon
The new hire brings 17 years of experience from broker Aon as the business enters the next chapter of its ‘growth story’
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ERS scoops ex-Deloitte UK director as new chief actuary
The insurer’s chief executive says the new hire will help the firm deliver its expansion strategy
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Backchat June 2021
Crash for cash gang hotspots, charitable insurers and the insurance product people complained about most over lockdown. What has the insurance industry been up to this month? You heard it here first…
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News Analysis
'Unified action' needed to address challenges in professional indemnity insurance
An expert panel at Biba’s annual conference last month debates the ongoing challenges in professional indemnity insurance and what changes should be made
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MGA Kitsune finds new home with car insurance broker
Broker Brightside originally announced last November that Kitsune would be put into run-off for failing to meet specified returns
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Taxi driver ordered to pay £42,310 following insurance fraud
A 53-year-old man has been working as a taxi driver, despite claiming that he was unable to work after sustaining injuries in a road traffic accident back in 2007
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Guidewire launches new UBI solution to support insurers
The solution was informed by Guidewire’s experience with multiple usage-based insurance propositions
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Claims Excellence Awards finalist 2021 Q&A: Kennedys sees 40% revenue growth for 2020
The winners were revealed at a free virtual ceremony on 27 May 2021, missed the ceremony, watch it here
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Claims Excellence Awards finalist 2021 Q&A: RSA Group responds with ‘people-first’ initiative amid pandemic
The winners were revealed at a free virtual ceremony on 27 May 2021, watch the ceremony here
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Q&A: Davies Group relays broker and insurer incentives for outsourcing end-to-end claims
Davies Group’s head of claims solutions, UK and Ireland Kath Mainon, discusses end-to-end claims with Insurance Times and the benefits of outsourcing to fewer strategic partners
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Louise O’Shea: Open finance will empower insurers to innovate and meet customer demand
Mirroring the success of opening banking, open finance can help customers improve their financial health says price comparison website chief executive
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Perception that extortion cover fuels cyber crime is ‘misguided’ – CFC Underwriting
The firm’s cyber development leader believes ‘the last option we want is to remove extortion coverage’, but that applying sub-limits could be a viable route forward
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Covid-hit cash strapped SMEs borrow more to fund business insurance – Premium Credit
The premium finance provider is urging all SMEs to consider finance options as they plan for the future post-pandemic
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Euler Hermes appoints UK and Ireland chief executive
The internal candidate will be the first woman to lead this part of the business
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CPP Group UK inks three-year cyber contract with Partners&
The SME market is a key growth area for cyber, but existing products are ’unnecessarily complex and unsuitable’
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Former AXA XL duo to launch speciality insurance cell
The new Guernsey-based business aims to ‘take advantage of current market conditions’
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Guidewire backs draft Online Safety Bill extension to include financial scams
Guidewire’s chief innovation officer says that cumulatively, financial scams risk the reputation of the industry