Latest News – Page 354
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NewsJensten Group scoops BGL Group director to head up risk and compliance team
The new hire brings over 34 years of insurance and consultancy experience to the business
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NewsWTW appoints new global head of broking from Aon
The hire previously worked at WTW in 2004 before spending the majority of his career at Aon
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NewsMCE strikes deal with personal lines broker to handle private vehicle business
MCE moves quickly following Sabre deal to secure another business arrangement
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NewsBroker Miller creates head of market management role
The hire joins from Howden Group and aims to build stronger carrier relationships
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NewsInsurers to increase technology spend post-Covid – BlackRock
Head of BlackRock’s financial institutions group for EMEA says a comprehensive and transparent view of dynamic portfolio risk is a ’necessity’ for insurers
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NewsSix out of 10 SMEs rely on credit to pay for insurance – Premium Credit
The role of brokers to support businesses has ‘never been more critical’, says chief sales officer
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NewsMajority of insurers believe climate risk will impact investment portfolio – BlackRock
Environmental risk is now considered a serious threat for insurers
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FeaturesBrokers and LEI providers must ‘bridge the access to justice gap’ for personal injury claimants
Poor usability of the OIC portal and solicitors’ cherry-picking cases has left claimants in a vicious circle
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NewsPost Office travel cover sales surpass pre-Covid levels this November
Relaxing Covid travel restrictions has supported the continuation of strong sales into autumn, says product portfolio director
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NewsAston Lark snaps up commercial insurance broker
The acquisition will allow the independent broker to continue growing its corporate broking business
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NewsInsurtech to help brokers and insurers navigate flood risk amid partnership extension
The insurtech aims to make best in class data sets easily available
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NewsAviva calls on government to make Online Safety Bill inclusive of spoofing scams
FCA data reported that £78m was stolen by clone firm investment scams between January and December 2020
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NewsBrokers are ‘at the heart’ of the industry’s push to achieve net zero – LIIBA
Regulators, however, need to be flexible and less demanding for data, says broker body top boss
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NewsChallenging cyber insurance market in 2022 will force major insurer withdrawal - report
‘Bottom line, insurers have been collecting small premiums while facing near infinite risks’, says senior analyst
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NewsZurich’s property and casualty GWP up by 11%
The insurer’s chief financial officer says that recent claims events are ’likely to extend the hard market’
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NewsFSCS forecasts £900m levy amid postponed retail pool
Postponing the retail pool gave FSCS time to gain ’better understanding of failures for the current financial year’ chief executive Caroline Rainbird says
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NewsVan insurance premiums for the UK’s youngest drivers fall 18.1% - Consumer Intelligence
Despite the drop, the price of a typical annual policy remains high
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NewsNicky Morgan joins ABI replacing Jon Dye
The trade association has has also made two further appointments
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NewsAviva on course to deliver £4bn back to shareholders
Group chief executive Amanda Blanc says the insurer ’will continue to make excellent and rapid strategic progress’
