Latest News – Page 373
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NewsAston Lark Group buys film and visual arts specialist broker
The new purchase complements Aston Lark’s performance, film and media brand
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NewsAllianz shows ‘continued determination’ to find ‘ways to trade successfully with brokers’
LV=GI boss adds that the ‘opportunities’ to work with brokers are ‘great’ as its intermediary channel grows by 150% in 2021’s H1
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NewsBlenheim Underwriting receives managing agency approval
The strategic move is a ‘significant milestone’ for the group
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NewsRight Choice Holdings completes Moorhouse Group buy
Moorhouse will become a sister company to Bennetts and Right Choice Insurance Brokers
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NewsWhenFresh teams up with Bluesky to combat subsidence risk
WhenFresh chief exec says the firm continues to bring together best in class property data assets to empower insurers
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NewsAIG tightens cyber insurance limits as premiums climb
The insurer’s planned sale of its life and retirement business via an initial public offering is likely to happen in Q1 2022
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NewsIrish insurer expects Covid BI claim payments to hit €183m
The High Court in Ireland ruled against FBD in February
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NewsLV=GI boss has ‘never seen anything' as 'substantial' as FCA pricing reform
Preparing for the incoming regulation changes comes alongside “teething problems” with the Official Injury Claim portal, chief exec adds
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NewsMore insurtech M&A deals to be had – Willis Re
Following the release of Willis Towers Watson’s Quarterly Insurtech Briefing, insurtech M&A could be set to continue as the early to mid-stage pipeline remains healthy
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NewsAA shuts down concerns over lack of insurance for new E10 petrol
The move to E10 petrol is part of the government’s efforts to reduce CO2 emissions
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NewsLloyd’s Lab reveals seventh cohort with cryptocurrency focus
Lloyd’s Lab also accepted wildcard entries that presented solutions outside the core themes, claims and cryptocurrency
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NewsMCE brings in QBE’s global head of claims performance as new claims director
Chief executive is ‘excited by the impact’ the new hire will have on the business as it seeks to transform into an insurtech
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NewsInsurance industry backs government’s live event reinsurance scheme in partnership with Lloyd’s
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative
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NewsAllianz Holdings GWP dips across all business areas in 2021’s H1
The insurer says it is still grappling with the ramifications of the Covid-19 pandemic – for example, it has made payments on 87% of its accepted business interruption claims
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NewsHiscox London Market names new CFO
The new hire has previously worked at Aspen Group and has a broad background in banking and insurance
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NewsRSA reports loss for first half of 2021
The insurer admits it is in a transitional period following Intact and Tryg takeover
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NewsBank of England confirms stress test to examine insurers’ cyber and climate risk resilience
The latest insurance stress test will be launching mid May 2022
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NewsDirect Line launches standalone cycling insurance product
It provides public liability and personal injury cover to riders
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NewsMotor insurance premiums fall by £38 in 2021’s H1 to reach a new five year low - ABI
Consumers paid £430 for a comprehensive motor insurance policy in quarter two of 2021
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NewsHousehold water leak claims up by more than 30% for Q1 2021
Insurers are calling for clear standards for the plumbing industry to make sure contractors that fix water leaks are properly qualified
