Latest News – Page 385
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NewsTractable becomes UK’s first computer vision unicorn amid $50m investment
The insurtech’s revenue has grown 600% in the past 24 months
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NewsCovid erodes macroeconomic resilience - Swiss Re
Insurance resilience is lowest for natural catastrophes, with the protection gap growing to a record $1.4 trillion
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NewsFlock partners with Asia’s largest insurer to reinvent commercial fleet insurance
The insurtech’s chief executive says insurers of the future ‘won’t simply pay claims’, they will actively reduce risk
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NewsCovéa Insurance and Vitality incentivise better driving with new car insurance offering
The product will incentivise and reward good driving, as well as green choices made by motorists
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NewsSSP names new chief executive
The new recruit has 15 years of experience in the insurance industry and has previously worked at A-Plan and Comparethemarket
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NewsOneglobal Broking appoints new group chief operating officer
The new hire brings more than 30 years of experience to the senior team
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NewsBoE launches climate stress test for banks and insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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NewsFlooding is ‘greatest natural disaster’ risk in UK – Flood Re and ABI
In a joint report, the ABI and Flood Re underline the importance of maintaining flood defences
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NewsLaw firm advises Howden Group amid Parhelion launch
The law firm’s head of global insurance says ESG and business success are ‘inextricably linked’
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NewsMark Wilson’s insurtech appoints six new senior leadership hires
The business plans ’to drive product disruption in this industry, on behalf of both our B2B and B2C customers’
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NewsRegulator CLC launches call for evidence on the operation of its Participating Insurers Agreement
The evidence will help shape a formal consultation later this year for potential improvements in professional indemnity insurance arrangements
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NewsPeach Pi and insurtech join forces for bespoke freelancer and micro SME cover
The insurtech approached Peach Pi about the solution as the niche insurer has a ’real understanding’ of the health and wellbeing sector
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NewsNuvalaw launches to UK market following successful pilot programmes
The claims resolution business is ready to ‘fill the void of the lack of ADR’ in the Official Injury Claim portal
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NewsInsurers have paid more than £750m in interim and final BI payments to date
The FCA calculates that 20,347 policyholders out of 37,702 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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NewsConstruction and manufacturing sectors among top users of credit to cover insurance costs – Premium Credit
The firm’s chief sales and marketing officer says commercial insurance prices have been ’rising dramatically’
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NewsConsumer group questions extent of Covid cover in travel policies
Analysis of 263 travel insurance policies reveals that only 3% of policies protect against policyholders failing to travel due to a need to quarantine on their return
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NewsRSA hasn’t ‘missed a beat in terms of service’ to brokers, but survey results differ
Chief executive for UK and international admits that the insurer needs ‘to keep pushing ourselves to do a better job for brokers’
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NewsRecord number of commercial lines policies etraded in March 2021 – Polaris
There is ‘growing insurer and broker appetite to trade more complex products’ via etrading
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NewsAdmiral announces new independent non-exec director
The new appointment has experience within the US motor market
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NewsSaga appoints chief exec of insurance from Tesco Underwriting
The new hire, who also acted as chief insurance officer at Tesco Bank, has more than 30 years of industry experience
