Latest News – Page 390
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NewsClaims Excellence Awards finalist 2021 Q&A: NPAI team responded ’dynamically’ to pandemic perils
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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NewsClaims Excellence Awards finalist 2021 Q&A: Rightpath Claims platform launch produces customer time savings
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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NewsArdonagh Group to buy insurance operations from tech firm for $500m
The move will bring ‘two of the last remaining independent outfits of scale together to create the largest privately owned specialty broker in London’, says broker chief exec
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NewsFOS annual data reveals spike in insurance complaints
The FOS believes that rather than relying on systems and processes, more personalised communications is the best way to tackle customer issues
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NewsBiba renews contract with professional indemnity broker
Biba’s head of technical services noted the ’challenging market conditions’ the sector is experiencing around professional indemnity
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NewsAviva’s Colm Holmes to replace Allianz chief Jon Dye
Dye will leave the insurer in November after an 18-year tenure
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NewsInsurers are failing to use their influence to fight climate change - ShareAction
Some commentators believe ’the insurance industry is the single most annoying part of this whole climate puzzle’
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NewsDirect Line reveals new executive committee roles and responsibilities
The changes aim to evolve the group into ‘an insurance company for the future’
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NewsSyndicate 1856 to underwrite new business lines amid multi-line transformation
ERS’s group chief executive says that ‘the current environment has created a hardening market with reduced capacity’
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NewsClaims Excellence Awards finalist 2021 Q&A: Claims Consortium Group’s Synergy software halves claims times
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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NewsFlock’s flexible insurance proposition chosen to cover commercial fleets
Flock’s chief executive says ’the world of mobility is changing rapidly’ and traditional policies struggle to keep up
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NewsClaims Excellence Awards finalist 2021 Q&A: Travelers boasts ‘seamless’ teams collaboration for handling PI claims
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates will need to register in advance
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NewsMajority of motor insurers face challenges when offering UBI products – By Bits
The SaaS insurance platform’s founder and chief executive says most barriers can be ‘easily addressed’
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NewsFormer Zurich CFO launches turnkey solution business for ‘frustrated change-makers’
Insurance Times cuts the opening ribbon of Daniel Pender’s new venture, which aims to ‘to solve the problem that everyone’s been trying to solve’ in terms of bringing new products to market promptly
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NewsSide hustle spike causes motor claims concern - ThingCo
Delivery driving, in particular, carries a greater amount of risk than vehicles insured for social, domestic and pleasure purposes
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NewsPartners& buys Devon-based broker to boost South West presence
Chief executive Phil Barton says the acquisition aligns with Partners&’s client-first values
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NewsFour-fifths of FOS complaints in 2021’s Q1 relate to general insurance claims – Insurance DataLab
Claims complaints data is a ‘particularly important indicator’ of performance, says service co-founder
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NewsPace of broker consolidation is ‘a cause for concern’ – WTW Networks
Consolidators have been using the Covid-19 pandemic ‘as a bit of a lever to push people’ into considering selling up ‘sooner rather than later’, says regions MD
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NewsDoncaster-based broker faces £15m ransomware attack
The firm’s IT team responded by shutting off the company’s servers, however the investigation has yet to reveal if any customer data has been impacted by the attack
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NewsInsurers must prepare for bank holiday fire damage claims - Aviva
The insurer says that its payouts for domestic fire claims settled in 2020 amounted to £21,000 on average
