Latest News – Page 379
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NewsInsurers have paid more than £875m in interim and final BI payments this year
The FCA calculates that 23,933 policyholders out of 40,531 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
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NewsLondon named as UK’s car theft claims hotspot – Co-op Insurance
Lambeth topped the list in London, with Kensington and Chelsea coming in second
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NewsSpectator-less Olympics could cost insurers and reinsurers millions – Fitch Ratings
Payouts regarding spectators should be limited to losses from ticket sales and hospitality
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NewsZurich Insurance joins GRP-owned Hedron Network panel
The strategic move hopes to provide ‘lasting benefits’ for the network’s brokers and clients
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NewsLloyd’s hires Legal and General chief operating officer for newly created role
The new hire has 20 years of experience in the insurance and finance sector
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NewsZego teams up with energy giant for EV service offering
The partnership aims to increase the use of electric vehicles in the ride-hail sector
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NewsNew Zealand’s antitrust watchdog considers Aon’s proposed divestments ahead of WTW merger
The Commerce Commission is set to deliver its decision on 20 August as to whether it will approve the acquisition
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NewsLondon professional indemnity market expected to thrive over the next year – Clyde and Co
Recession, cyber threats and regulatory intervention are insurance professionals’ biggest concerns
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NewsAston Lark buys specialist golf broker
The deal marks Aston Lark’s second acquisition this month
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NewsInsurance industry leaders inaugurate alliance to accelerate net zero transition
The insurance industry and wider financial sector ‘have the power and responsibility to drive progress’
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NewsAdmiral Group predicts higher than expected pre-tax profits for H1 2021
Admiral hopes to return £400m to its shareholders via special dividends following the sale of Penguin Portals completing in April
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NewsEuropean Commission approves Aon-WTW merger subject to divestments
The European body agrees to Aon’s proposals to sell off businesses to Gallagher in order for WTW merger to go ahead
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NewsCar insurance premiums plummet 8.4% in the past 12 months – Consumer Intelligence
Data insight firm attributes downward trend to telematics products and regulation
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NewsInsurers brace for claims as spike in e-scooter accidents reported
Admiral believes current reported e-scooter accident numbers are the ’tip of the iceberg ’
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NewsFM Global appoints new president through internal promotion
Thomas Lawson will retire from his role after spending 42 years at the company
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NewsTwitter’s David Wilding: The ‘brutal honest truth’ is that people aren’t talking about insurance
The social media site’s director of planning emphasises that ‘insurance is relevant to our everyday lives and people on Twitter tweet about their everyday lives’
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IT InterviewMGA Q&A: Developing international business is 'enormous opportunity' amid new capacity – Nexus Underwriting
Tim Brangwyn, group chief operating officer at Nexus Underwriting, tells Insurance Times’s head of research, Savan Shah about the new developments for the broker community, the challenges that lie ahead for MGAs as well as achieving four stars from brokers in last year’s MGA survey
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NewsInsurance Times’s Technology Champion of the Year 2021 - who gets your vote?
Five finalists have been shortlisted for the Technology Champion of the Year award for 2021, but who will be crowned the winner?
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NewsFCA issues £90m fine to LBGI for misleading home insurance communications to customers
Home insurance customers were told they were receiving a ‘competitive price’ or ‘discount’ for loyalty at renewal, however this language was not substantiated
