Latest News – Page 334
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NewsLloyd’s of London to consult on Blueprint Two’s core data record
The new iteration is a major “milestone” for Lloyd’s, but it will continue to explore opportunities to improve placement, claims and settlement journeys
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NewsERS reveals $350m capital raise amid plans to branch into specialty reinsurance
The move will see Kevin Kelley join the senior management team at ERS
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NewsInsurtech UK recommends broadening entrepreneurs’ relief scope following Spring Budget announcement
The trade body for insurtechs has put forward a series of recommendations for research and development tax credits, as investment is vital to insurtechs. However, others believe the non-movement of this tax will benefit brokers
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NewsCovid-19 pandemic sees opportunistic fraud increase
At Insurance Time’s first Fraud Charter roundtable of the year, held virtually, delegates pointed out that opportunistic fraud has risen, for example via scams such as door knocking
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NewsRevealed: Two commercial lines insurers awarded five stars each by brokers
The results are in from this year’s Five Star Rating Report: Commercial Lines – which insurers and brokers were ranked as best in their field? Can you guess?
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Online onlyFast-growing Clear swoops for two brokers
Clear Group snaps up two brokers as premiums near quarter of a billion
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NewsZego becomes ‘first insurtech unicorn’ after raising $150m
The insurtech will use its latest funding to fast-track growth in commercial motor
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NewsWorldwide Broker Network appoints new chief executive
The new candidate has an ‘impressive track record’ according to WBN chairman
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NewsBGL Group looks to cut staff amid company restructure
Around 250 jobs are at risk across the firm’s UK offices in Peterborough, Sunderland, Wakefield and London
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NewsDirect Insurance Group reveals multimillion pound IT investment
The group’s chief executive says digital transformation is a key strategic goal
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NewsSRG buys passenger transportation broker in fifth deal of the year
The company says it is ‘making great progress’ following its recent acquisitions
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NewsHybrid working model is a ‘huge opportunity’ post-pandemic – Direct Line Group’s Penny James
Direct Line Group’s chief executive says she is proud of her staff managing the stresses of lockdown while serving customers throughout the pandemic
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NewsAverage home insurance premiums drop 1.2% despite accidental claims uptick
But London remains the most expensive region for home insurance
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NewsDirect Line Group recommencing share buyback
The insurer will also be rewarding its staff with shares as a thank you for their resilience
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NewsDirect Line Group gunning to be the ‘insurance company of the future’
In a live video stream this morning with journalists, Direct Line Group’s chief executive Penny James said the insurer hopes to support customers across their entire insurance lifecycle via a fully digital ecosystem
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NewsGRP-owned DCJ Group buys Lincoln-based commercial broker
The deal marks DCJ Group’s first acquisition since being bought by GRP in 2018
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NewsHowden sets sail into superyacht market
The move plans to take advantage of ‘the marked uptick in the superyacht industry’
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NewsLockdown prompts president of Insurance Institute of Manchester to seek re-election
If re-elected, she will be the only president to serve two terms at the institute since the Second World War
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NewsCovid-19 pandemic creates new cyber threats
A recent Insurance Times webinar, sponsored by CGI, took a look at the evolving cyber threats arising in the wake of the Covid-19 pandemic
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News‘There’s no point looking backwards’ at industry’s BI woes says economic secretary
The economic secretary to the Treasury told online delegates that the insurance industry ‘will play a very significant role’ as the UK emerges from the coronavirus lockdown, but that it has to look to the future rather than mull on past grievances
