Latest News – Page 387
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News
The history (or mystery) of the broker remuneration debate
The debate recently resurfaced following a report from Mactavish which called out the broker model, but what is the history behind the debate?
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News
Webinar Brokers & coronavirus: What challenges will brokers face post-covid and what role will technology play this year and beyond
The Covid-19 pandemic has not come without controversy to the insurance industry, this is the second in a series of webinars, our expert panel discuss what brokers are doing to overhaul their businesses and adopt more digital methods.
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Insurtech honcho in final stage of capital investment raise
Durham-based reverse comparison auction insurtech honcho is in the final stages of its 2019-2020 £2.25m investment raise.
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News
Capsicum Re appoints new chairman as it spruces up executive committee
Chief executive Rupert Swallow created ‘a close-knit but diverse core leadership team’ to help the firm grow
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ABI chair and deputy chair extend contracts to serve full two-year terms
The current board leadership will remain in situ until the end of summer 2021
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News
Two-thirds of motor fleet managers say broker support is invaluable when making a claim
The research from insurer Allianz also found that more than half of the motor fleet managers polled believe they have been a victim of fraud
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News Analysis
Covid-19 has polarised consumers on data sharing
Insurers will be challenged with how they respond to the polarising impact of the coronavirus pandemic, and they must not fall into the trap of excluding a large swathe of vulnerable customers from their books of business
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News
Webinar Insurers & Coronavirus: Will the crisis speed up the digitalisation of legacy systems?
The Covid-19 pandemic has put pressure on the industry to adapt to new technolgies, in the third of a series of webinars we explore the various ways to overcome the challenges posed by siloed back-end systems.
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News
Webinar Brokers & coronavirus: What is the new normal?
The Covid-19 pandemic has not come without controversy to the insurance industry, in the very first of a series of webinars we discuss the ongoing business interruption scandal, how firms have transitioned to working from home and the challenges that brokers are facing.
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News
Peter Staddon joins Trilogy MGA as non-exec
Staddon is currently managing director of the MGAA, a role he will retire from in September 2020
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News
Willis Re appoints new specialty casualty co-head
James Moss joins with more than 30 years of industry experience
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News
PIB Group reports a 50% improvement on its adjusted EBITDA between 2018 and 2019
The broker’s chief financial officer says ‘we have carved ourselves a unique position in the market’
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Parametric insurance could be the solution to Covid-19 insurance gap
Machine Cover’s new policy will pay out automatically after a very significant downturn in economic activity
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News
Zurich offers full refund to single trip travel customers hit by Covid cancellation
Customers who haven’t claimed should be able to get a full refund
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Pool Re warns SMEs against bypassing the broker for terror cover
The broker is crucial to SMEs buying terrorism cover, but most businesses favour digital methods of purchasing this.
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Climate change threatens Flood Re 2039 market exit target
By 2050 flooding annual losses are expected to increase by between 25-85%
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IT Interview
‘Future of insurance as insurtech’ more crucial than ever says Insurtech Board chairman
The future of insurance is insurtech and this is more important now than ever as the UK emerges from lockdown, according to the chairman of the Insurtech Board (Tech Nation UK).
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News
Pikl reveals MGA under its new partnership
Sharing economy insurance specialist Pikl has revealed the MGA under its new partnership with three firms. Read more…
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News Analysis
Coronavirus: B&B owner faces ‘timebomb of debt’ after BI claim rejected by AXA
The results from the FCA’s test case could come too late to save struggling SMEs that are facing daily financial hardship as a result of the Covid-19 pandemic. Insurance Times hears from Stamford House Bed and Breakfast about its claims experience and fears for the future