Latest News – Page 383
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NewsChubb underwriting officer promoted to UK division top spot
The promotion is part of several leadership appointments across Europe, the Middle East and Africa region
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NewsMotorsports to become exempt from EU’s Motor Insurance Directive
The first formal proposal to revise the MID in motorsport’s interests came in 2018
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NewsDavid Amess: Sustainable energy agenda poses ‘major challenge’ to fire safety risks post-Grenfell
The MP is calling for another review of the building safety reform process because ‘fire safety has not kept pace with developments in building design’
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NewsLondon market told to maintain pace of change post-pandemic
Plus, capacity is not keeping pace with the rapid increase in demand for cyber insurance, adds Hiscox chief underwriting officer
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NewsHouse of Insurtech chief exec reveals business plans following £400k funding
The insurtech’s founder and chief executive says the online customer journey in insurance is ’pretty poor’ – he aims to improve it
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NewsTop UK insurance firms see 5% top line decline in 2020 – GlobalData
This includes Aviva as well as Legal and General
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NewsAfrican-Caribbean Insurance Network wins CII Public Trust Award
The ACIN has been recognised as an industry leader in attracting and retaining talent to the insurance industry
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NewsFord teams up with By Miles to create pay-as-you-drive proposition
The new product, which launches later this year and requires no hardware changes, aims to save drivers money on their premium
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NewsZurich UK’s 2021 ethnicity pay gap data signals ‘more work to do’
The insurer has also revealed a series of interventions, including ethnically diverse interview panels
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NewsProposal for ePrivacy Regulation could hamper telematics insurance
The updated regulation ’should include a legal basis for the collection of data from terminal equipment’ added law firm partner
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NewsTL Dallas launches North Yorkshire division led by ex-Marsh bosses
Collectively, the two ex-Marsh hires have more than 50 years of experience in insurance and risk management
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NewsPrince Charles and global insurance industry join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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NewsUK P&I Club and Suez Canal Authority reach deal to release Ever Given vessel
The businesses are now working together to finalise formalities for a signed settlement agreement
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NewsOneglobal scoops Price Forbes’ Alistair Fox to lead new special risks team
The unit aims to go beyond the standard approach to political, security and terrorist attack risks
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NewsHouse of Insurtech secures £400k seed round funding
The insurance software market has been estimated to be worth $7bn a year
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News77% of motor insurers need to evolve policies to reflect driving behaviour – By Bits
Around 90% of drivers aged 35 and above want more transparency in pricing for motor insurance
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NewsSoaring insurtech investment to impact actuary work and job opportunities – IFoA
The Institute and Faculty of Actuaries says insurtech market entrants are targeting areas where established players are not delivering on price
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NewsBanks scoops windfall as reinsurer buys his broking group
Somerset Bridge scooped up by Bermuda reinsurer
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News‘Risk exposure changes’ driven by changing Covid-19 lockdown measures – IFoA
The Institute and Faculty of Actuaries (IFoA) has highlighted a further challenge for general insurance pricing - how ongoing lockdowns should be considered within risk rates going forward
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Online onlyMark Cliff lands new role at Hiscox
He plans to help boost Hiscox’s retail operations in the UK
