Latest News – Page 322
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News
Employment claims influx ahead following furlough scheme closure – ARAG
Rates in the employers practices liability insurance market were hardening prior to the pandemic – some non-specialist providers had already withdrawn
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News
‘Appropriate’, not heavy, regulation needed for broking sector – Biba
The FSCS’s initial £1.04bn levy figure ‘must have been scribbled on the back of a fag packet’, says the trade association’s non-executive director
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Breaking News
Insurance Times eTrading 2021 survey results revealed
This year’s etrading results are out now - find out which insurer extranet platforms achieved five stars, which insurer provides a top-notch experience via a software house and discover how brokers ranked their broker management systems
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News
SRG buys Irish liability and property MGA
The MGA is targeting its ‘next stage of growth’ following the acquisition
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News
‘Over-rewarded’ scale driving consolidation leads to broking’s ‘worst practices’
Despite the broking market being described as ‘a dangerous place now’, chief exec urges industry to ‘not let the word “consolidation” become the new dirty word’
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News
Soaring premiums see customers borrow more to pay for cover – Premium Credit
With 19% of those borrowing money to pay for insurance also being furloughed, the Covid-19 pandemic has been a key driver for premium finance
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News
Gallagher agrees to acquire certain WTW combined operations
The newly revealed deal is part of the proposed regulatory remedy for the pending Aon-WTW merger
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News
By Miles and Covéa Insurance enter new UBI partnership
The insurtech’s chief executive and co-founder said the business has just seen its ’strongest sales months ever’
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News
Zurich’s premium up by 14% in property and casualty
The group is on track with its strategy and financial plans, according to the group’s chief financial officer
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News
Allianz Holdings records 10.6% drop in GWP for Q1 2021
Alongside a dip in commercial lines GWP, Allianz Insurance has issued payments for more than 80% of accepted Covid-related BI claims
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News
Ageas UK reports ‘a solid quarter’ to kick-start 2021
Reduced claim volumes in the insurer’s private car book has helped support a ‘strong combined ratio and net result’ in quarter one
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News Analysis
Generational divide in understanding contents insurance poses underinsurance risk – Getsafe
Chief executive believes education should be ’a critical mission of the industry’ to ’make people enthusiastic about insurance again’
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News
Insurance Times Five Star e-trading Report 2021 launching at Biba conference
Webinar will reveal etrading’s best and worst performers, according to more than 800 brokers
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News
Brendan McCafferty departs Markerstudy’s Brightside
McCafferty originally took up the helm at the broker in August 2018, his departure was under mutual agreement
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News
Backchat May 2021
A new bot on the block, car insurers tapping into the power of TikTok and Lloyd’s of London reconsidering its dress code. What has the insurance industry been up to this month? You heard it here first…
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News
Landmark judgment sees major insurance implications for dental profession
Law firm urges dental practices to obtain the right level of insurance as new judgment holds owner ’vicariously liable’ for negligence as opposed to the dentists involved
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News
Insurers brace for claims following New Providence Wharf blaze
The government aims to reclad all unsafe tower blocks by the end of 2021
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News
Kingfisher appoints former Ardonagh finance director as CFO
Chief executive confirms that the group’s leadership team is now complete
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News
PIB Group boosts presence in Channel Islands with latest broker buy
Broker chief executive describes the purchase as an ‘excellent addition to our family’
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News
New SchemeServe Network could double brokers’ GWP from schemes
The new network is supported by a panel of seven insurers that specialise in schemes, including AXA and Hiscox