Latest News – Page 375
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NewsZurich urges cross industry collaboration on AI risks and opportunities
There are few AI insurance policies that are commercially available and losses are not explicitly covered by traditional insurance coverage
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NewsOccam Underwriting promotes internally for its new boss
Previous chief executive Lance Gibbins will become the business’s chair
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NewsGallagher reports £2.1bn revenue rise for broker segment
Gallagher’s Matson says the broker looks forward to ‘continued growth’
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NewsBrit Insurance sees GWP increase by 14.2% amid Covid uncertainty
Brit’s group chief exec says Ki has had ’very positive reception’ from its broking partners
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NewsPartners& reveals new recruitment proposition
Phil Barton, Partners&’s chief exec says that by partnering with Markel on this it has created a ‘true 360 degree proposition’
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NewsFlock raises $17m to reinvent insurance for connected vehicles
The insurtech’s chief exec says ’commercial motor insurance is a $160bn market crying out for disruption’
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NewsBrokerFest back with in-person event for 2021
Confirmed speakers so far include McCarron Coates director, Allianz Commercial chief executive and Ardonagh Advisory boss
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NewsPremFina names ex-Close Brothers boss as new UK and Ireland chief exec
PremFina’s group chief exec says the creation of an international division will help the premium finance provider meet its ambitious growth plans
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NewsCII exposes cyber risk knowledge gap
The lack of knowledge around cyber insurance could result in mis-selling and poor customer outcomes, according to the CII
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NewsLloyd’s launches plan to accelerate UK’s transition to net zero
There is a ‘pressing need for a coordinated global effort to effect monumental transformation’, says insurance taskforce chair
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NewsUK government reveals billion-pound plan to reduce flooding and coastal erosion risk
The proposed measures aim to better protect and ‘provide reassurance to communities and businesses’
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NewsFCA launches diversity disclosure consultation for listed companies
The regulator believes ’there is a current lack of standardised and mandatory transparency about diversity’
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NewsCFC’s chief innovation officer promoted to chief exec
The MGA’s current chief executive Dave Walsh will become group chief executive in turn
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NewsGlobal insurtech funding balloons to $4.8bn in 2021’s Q2
Global head of insurtech at Willis Re says firms that use technology to redefine insurance will thrive
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NewsTasker Insurance Group buys independent commercial broker
The acquisition plans to bolster Tasker’s mid corporate capability and PI expertise in the North West
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsMotor insurance pricing drops 5% in three months – Pearson Ham
‘Cashing in’ could be a potential strategy for insurers ahead of the FCA’s pricing remedies coming into force
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NewsProtestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Insurance Rebellion members also have insurer Tokio Marine HCC within their crosshairs
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NewsTifgroup ‘temporarily’ stops sales of new travel insurance policies for UK customers
The MGA’s insurer partner is ‘evaluating options for the future’, including possibly ‘permanently leaving the UK market’
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NewsMarkel UK and Cytora partnership set to accelerate profitable growth
The insurer aims to become a ’digitally enabled insurance company’
