Latest News – Page 376
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NewsRight Choice chooses ThingCo for new telematics partnership
As personalised insurance increases in demand, the broker has ’firm ambitions to grow our telematics book of business’
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NewsEcclesiastical Insurance and Shepherd launch new smart property proposition
The technology aims to help protect some of the UK’s most prestigious properties and sites
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NewsMcLarens bolsters global TPA expansion with new recruits
Global head of TPA at McLarens says the firm is focused on delivering quality outcomes, so it has hand-picked the best experts in the industry
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NewsSubsidence claims increased by 49% in last year – LV=GI
The spike in claims was triggered by the increase in building surveys related to house sales, as well as significant heatwaves
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NewsGlobal commercial insurance prices increased by 15% in Q2 – Marsh
Despite continued pressure on pricing, ’the general trend of moderating price increases’ will ’continue through the rest of the year’, says Marsh president
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NewsSabre Insurance to launch flexible motor insurance product in H2
The insurer has plans to make the new product available for its 1,000 UK broker partners too
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NewsSabre sees dip in GWP for 2021’s H1 as pandemic ramifications continue
However, the insurer’s chief executive has ‘cautious optimism’ as the firm records portfolio growth of 2.8% between 2021’s Q1 and 30 June
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NewsBought By Many scoops ex-Spotify lead as new chief product officer
The group has doubled its team over the past year, as well as gained unicorn status in June
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NewsLloyd’s of London hires ex-cabinet secretary Sedwill in council role
He succeeds Andy Haste, who will shortly have completed nine years as Lloyd’s deputy chair
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NewsCDL reports £52.7m turnover for 2020
The full year results are in line with the insurtech’s performance for the year ending September 2019, when it recorded a £52.9m turnover
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NewsArdonagh Group creates new European business
The new division will be led by Arachas chief executive in Dublin
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NewsAon aborts $30bn WTW mega-merger
The broker said it had reached an ’impasse’ with the United States Department of Justice, despite progress last week regarding a potential settlement agreement
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NewsA-Plan gunning to be a UK top 10 commercial broker
The business aims to double the size of its commercial book over the next three years
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NewsEsure secures Centrica managing director as new chief trading officer
The new hire aims to help ‘deliver the transformation’ of esure’s digital innovation
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NewsAviva to pay out Covid BI claims to physios after broker and trade bodies apply pressure
The insurer initially declined Chartered Society of Physiotherapy members’ claims under its surgery policy, but has now revised its stance
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NewsInsurers must ‘increase their knowledge and expertise’ around cyber risks
If global multiline insurers do not stay on top of cyber trends, potential claims may ‘no longer be insurable in an extreme scenario’, says insurance director
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NewsBrokers could play a ‘crucial role’ as insurers brace for claims amid July flash floods
’Continuous real-time modelling’ is essential ’to generate effective early warnings for flash floods’
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NewsStaysure Group seeks to reform pet insurance with new product
Its new policy can be tailored to cover multiple cats or dogs under a single cover
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NewsLloyd’s of London names first female deputy chair
She has worked in the Lloyd’s market for 40 years
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NewsQuestGates boosts Ireland operations with double acquisition
The deals aim to bolster the firm’s ‘ambitious growth plans’ as the loss adjuster looks to ‘shake up the status quo’
