Latest News – Page 361
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NewsBury-based claims management company fined £250,000 for nuisance calls
The Information Commissioner’s Office said the firm had broken electronic marketing law
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News51% of SMEs cut back on business insurance policies amid pandemic – Premium Credit
Underinsurance is a major problem, with many cash strapped SMEs cutting back under the financial strain of the coronavirus-influenced recession
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IT InterviewBroker service Q&A LexisNexis: How motor insurance underwriting and pricing could evolve
Insurance Times speaks to LexisNexis Risk Solutions about the challenges ahead for brokers operating in the personal lines market
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NewsMS Amlin Underwriting confirms new chief executive
Tom Clementi is to step down after four years in the top spot
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NewsHiscox appoints new UK chief operating officer
The candidate has been promoted from an interim role to a permanent position
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NewsWindow cleaner confesses to fundamental dishonesty over personal injury claim
Insurer Admiral teamed up with law firm DAC Beachcroft to investigate suspicious circumstances following a road traffic accident
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NewsEx-Saga chief exec joins Oxbow Partners
He has also worked as chief executive for Broker Network and Payment Shield
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IT InterviewMGA Q&A: Capacity renewals could be tougher post-Covid says Markerstudy
Insurance Times catches up with Amanda Fox, head of broker management and product governance at Markerstudy, who says the business is remaining true to its roots despite the ongoing pandemic uncertainty
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NewsAfrican-Caribbean Insurance Network partnership highlights role of insurance in black lives
Eleven stories demonstrating the role of insurance in black people’s lives will be published
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NewsMotor insurance costs stay at a four-year low – ABI
With tier three being enforced across London, driving habits could change once again and the ABI has therefore extended its Covid support
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NewsTractable’s AI solution to save adjusters 360,000 hours annually as insurer partner deploys it across Japan
It solves a long-standing problem in the market with the speed at which motor claims can be solved
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NewsPIB Group buys real estate broker in 32nd acquisition to date
Chief executive describes purchase as an ‘attractive investment opportunity’
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NewsFCA issues public censure over Aviva’s preference share miscommunication
The insurer acknowledges that the event was a ‘disappointing episode’, but that ‘lessons have been learned’
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News AnalysisInside the burgeoning world of cannabis insurance
Insuring the cannabis market could be a key opportunity for brokers as the entire supply chain needs cover, but this potential goldmine does not come without legal complexities. Insurance Times investigates
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NewsMGA Q&A: Focus says ‘human touch’ is critical to offering high quality service to brokers
Focus’s founding director John Finch tells Insurance Times why it is important for the firm’s broker panel to have a human touch
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NewsUndetected fraud amounts to £500m predicts Pact Global
The firm’s research reveals that 59% of respondents would commit fraud because they think they can get away with it
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Online onlyAIG shares soar on plans to carve out general insurance from life
AIG announces new CEO to take over from Brian Duperreault
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NewsCredit Hire Organisation chair Kirsty McKno steps down
Moving forward, the trade association will be managed by a strategic board, formed of senior executives from member companies
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NewsAston Lark buys Birmingham-based commercial broker
The purchase fits with Aston Lark’s ambition to expand its reach in the Midlands
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NewsLloyd’s to increase London Market BAME representation in long-term plan
A study from Lloyd’s found that 70% of black respondents saw their visual diversity as a barrier to promotion
