Latest News – Page 332
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NewsBlanc succeeds Gadhia as new Women in Finance Champion
Economic secretary warns that financial services firms ’must not take their foot off the gas’ when it comes to improving gender diversity
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NewsMcLarens appoints new management in Ireland
The former Sedgwick Ireland staffer has more than 30 years of industry experience
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IT InterviewQ&A: Applying data strategies from motor insurance to home – LexisNexis Risk Solutions
Nick Wilmot, senior manager at LexisNexis Risk Solutions tells Insurance Times about the key challenges in the home insurance market and how strategies used in the motor market can be applied to address them
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NewsPRA chief executive says regulator not interested in adding to its responsibilities
Sam Woods denies ‘the caricature of a rampant regulator intent on crushing the industry under a slow motion avalanche of new capital requirements’, but acknowledges that ‘a changing world requires a tough but flexible regulatory regime’
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NewsInsurance industry will drive green future – Fitch Ratings
Insurers have been told they have a key role to play in supporting the transition to a more sustainable economy
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NewsSpecialist Risk Group recruits new broker team
The move aligns with the group’s plans to expand its international expertise
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NewsEcclesiastical blames Covid-19 for recorded £15.7m loss before tax in 2020
The insurer also paid out £18.7m for coronavirus-related claims ‘where there is confirmed cover’
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NewsFraudsters cause spike in motor insurance claims during 2020
Product manager warns that insurance firms need to be ‘alive’ to changes in fraud and ‘understand what lessons can be learned’ moving forward
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NewsInsurance group launches new global risk service
Zurich plans to take its ‘risk advisory and prevention services to the next level’ to ‘equip customers with the knowledge to tackle challenges before they develop’
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NewsDavies Group attracts majority stake private equity investment
Chief executive says the transaction marks the ‘next phase of international growth and technology investment’ for Davies Group
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NewsBupa axes travel insurance due to Brexit
The insurer plans to instead ’focus on our health, cash plan and dental insurance businesses’
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NewsDespite current ‘trickle’ of home working claims, fraud ‘inevitable’ – Clyde and Co
Panellists at March’s Fraud Charter event agreed that fraudulent claims linked to home working were ’inevitable’ and that the rise in spoofing needs to be dealt with, either by the CMA or the Online Harms Bill
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NewsLockdown accelerates Aviva’s online trading by 20%
The insurer hopes to continue investing in its direct business, as well as its commercial, broker and bank channels
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NewsPeach Pi reveals its first broker etrade platform
It hopes to better support small community businesses during challenging times, such as the Covid-19 pandemic
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NewsSteve Jenkins to leave CII after 15 years
He is the longest standing board member of the Chartered Insurance Institute’s executive team
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NewsAdditional injuries ‘coming back in vogue’ to avoid new whiplash protocol - Kennedys
The majority of market participants expect to see non-whiplash injuries and rehabilitation claims emerge in response to the whiplash reforms
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NewsInsurance sector must brace for ‘silent revolution’ brought by innovative tech – Instanda
Technology is ‘creating new risks that the industry is currently unprepared for’ says insurtech’s head of solutions
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NewsSwift claims settlement is key to rebuilding Covid-hit reputation says legal alliance
The law firm network also predicts that virtual legal hearings will become the norm moving forward and that liability risks surrounding the Covid-19 vaccine roll out could contribute to claims increases
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NewsBolton broker joins Partners& network
Partners& chief executive believes creating a hub in the north of England is ‘an important step for us in developing our national footprint’
