Latest News – Page 339
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NewsCGI Insurance completes rebrand as Partners&
Partners& chief executive says CGI was the ‘perfect fit’
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News‘Challenger’ insurtechs are attracting ‘customers who have never bought insurance before’
Sønr’s chief executive outlines innovative way certain types of insurtechs are pulling in new business
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NewsUnderwriting training simulator created for Hiscox
There is a shortage of skilled underwriters in the sector, according to Hiscox - the simulator will address the skills gap
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NewsConsumers still ‘cautious and sceptical’ over how insurers use data – FOIL
Speaking at a Forum of Insurance Lawyers’ (FOIL) webinar last week, Duncan Minty, founder of Ethics and Insurance, says that if insurance intends on being successful with innovation, it needs to close the trust gap with consumers
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NewsMore than a fifth of adults trust insurance firms less because of Covid-19
To rectify the negativity surrounding the business interruption test case and the resulting impact on trust in the sector, ‘there is clearly work to be done at an industry level’ says Sicsic Advisory MD
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NewsPIB Group-owned Cobra Network ranks Aviva as insurer partner of the year
Cobra Network Underwriting Agencies and Zurich are also recognised within the network’s annual member survey results
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NewsAviva reportedly in talks to sell its operations amid Italy sale
The insurer confirmed that it was “exploring options”
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NewsLloyd’s warns syndicates of ‘increasingly high risk’ cyber attack threats from Internet of Things devices
Lloyd’s worked in partnership with CyberCube and Guy Carpenter on its new report for syndicates, designed to support their understanding of emerging cyber risks
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NewsArdonagh Group expands down under with Resilium buy
The group’s chief executive David Ross says the acquisition forms the ’centrepiece’ of its Australia operations
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NewsAccidental damage accounts for 48% of all new claims – LV= General Insurance
The insurer links this claim trend to the increase in home working and schooling, with drinks being spilled on technology such as laptops
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NewsRegulator warns capital markets will need to be part of future BI provision
The future provision of business interruption insurance is likely to require the use of alternative risk transfer solutions given the lessons learned from Covid-19
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NewsBuilding Safety Register reveals new manifesto
The Building Safety Register’s co-founder hopes the manifesto will provoke wider discussion over the implications of building safety for the insurance market, as well as highlight risk management measures
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NewsUK-EU insurance capacity relationships still required post-Brexit says Pro Insurance Solutions
Pro Insurance Solutions managing director Robert Buchberger tells Insurance Times that there is ”an ongoing desire to operate international schemes in commercial and financial lines”
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NewsSimply Business selects insurtech MGA as health insurance provider for new proposition
The first phase will see the insurtech unveil its health insurance plan for the self-employed
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NewsSyndicate launch targets Lloyd’s legacies
(Re)insurance business Apollo Syndicate Management partners with Compre for new deal
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NewsFraudster to be sentenced at Crown Court for failing to disclose information to broker
The 49-year-old man has been charged with ‘dishonestly failing to disclose information to make a gain for himself’
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NewsMGAs should buckle up for a ‘hard Brexit’ says Clyde and Co
Reverse branching could provide a solution for insurance intermediaries that wish to continue trading in the EEA following Brexit, says law firm partner
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NewsIrish policyholders aged over 70 experience ‘inflated premiums’ for motor insurance
Insurance broker reveals ‘staggering price differentials’ for individuals aged over 70 in Ireland
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NewsNearly half of bike insurance claims in 2020 were for theft – Bikmo
The average claim amount last year for bike insurance was £1,293 says specialist cycling insurer
