Latest News – Page 356
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NewsBought by Many rebrands to ManyPets in Sweden amid wider mission
Bought by Many in the UK will remain the same, but a new branch will be opened in Sweden
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NewsInsurance Times Awards finalist 2020 Q&A: GRP’s service proposition improves after key acquisition
Next month the winners for the Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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NewsInsurance Times Awards finalist 2020 Q&A: Clear Insurance Management’s three fundamental principles drives its strategy
Next month the winners for the Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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NewsGuidewire chief exec reveals company’s mission
The firm’s cloud platform is sparking the interest of UK insurers
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News‘The biggest risk for insurers is reputation’ says Aviva’s Blanc
The insurer boss adds that the industry’s reputational damage arising from the business interruption test case has left her feeling ‘very sad’ and that the industry needs to ‘not shoot ourselves in the foot as much as we do’
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NewsOver half of insurance staff want to remain home working post pandemic - KPMG
Financial services employees under the age of 30 are the most keen to continue working from home on a permanent basis
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NewsFOIL elects new president
The member organisation has also appointed a new vice president, who will support the president in navigating sector-wide challenges such as climate change, social inflation and Covid-19
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News AnalysisPremiums soar for independent financial advisors’ PI as insurers dwindle
As the UK approaches a pandemic induced recession, advice firms are facing higher premiums as insurers that provide professional indemnity for advisors have significantly reduced after a series of regulatory changes, constraints and historical blunders. Insurance Times investigates what this means for insurers and IFAs – and whether brokers ...
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NewsArdonagh grows adjusted EBITDA by 14.4% in first nine months of 2020
Group chief executive adds that the broker has a ‘strong trajectory into the final quarter of 2020’
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NewsComparetheMarket slapped with fine for breaking competition rules
Price comparison site ComparetheMarket imposed ‘most favoured nation’ clauses on its home insurance contracts over a two-year period
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NewsSainsbury’s insurance exit draws nearer as buyers circle banking arm
The supermarket giant announced it had received interest from potential buyers for the banking division, which includes insurance products
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NewsLloyd’s pandemic losses worse than predicted, says chairman Carnegie-Brown
The insurance market previous estimated losses would be around the $107bn mark, but has revised that figure upwards
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NewsHome insurance rates could harden after ‘complex’ year, insurtech Urban Jungle warns
A range of factors are pushing rates higher, the insurtech told Insurance Times
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NewsRSA accepts takeover offer
The transaction will be completed in Q2 2021, and the deal will result in the break up of 300-year insurer RSA
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NewsElectric vehicle prices main barrier to PM’s green ambitions, says LV=
Insurer LV= advocates the use of ‘fiscal incentives’ to encourage drivers to switch to electric vehicles
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IT InterviewZurich targets regional brokers to achieve business growth
An 18-month transformation strategy has seen a lot of change at insurer Zurich – Insurance Times looks under the bonnet with the firm’s UK head of retail
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Breaking NewsNumber of SSP brokers have work disrupted
SSP brokers endure technical difficulties over two days
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Online onlyCatlin’s Convex in fresh funding raise as it seeks to capitalise on hard market
Convex’s latest funding round brings its total raised since launch to $2.7bn
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NewsCovid-19 pandemic accelerates ‘slow burn of digitalisation’ in insurance by tapping data
In a recent webinar, BGC’s managing director discussed how data can change the insurance industry
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NewsCrawford and Company actively seeking ‘bolt-on’ acquisitions
Its overall aim is to create long-term value for its shareholders
