Latest News – Page 396
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NewsGovernment set to define ALKS as self-driving despite insurance industry warnings
Insurers and industry bodies urge caution as the government accelerates its plans for the implementation of automated lane keeping technology
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NewsABI reveals launch of inaugural flexible working campaign
Exactly 27 firms have signed up to the new charter, designed to ‘tackle’ gender inequality as well as retain and attract new talent
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News AnalysisPost-Covid recession and hard market drives advice-led broker opportunities
Mitigating underinsurance using risk management should be a key strategy for commercial brokers, recommends expert panel
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IT InterviewDavid Williams: ALKS cannot be considered automated or ‘we’ll see deaths’
The insurer is ‘quite nervous’ about the government communications and customer perception surrounding automated lane keeping system technology
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NewsVans ‘as rare as hen’s teeth’ causing claims costs uptick for motor insurers
Credit hire boss waves ‘a red flag’ in a bid to mitigate escalating van insurance premiums
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NewsEleanor Moore named Insurance Institute of Manchester’s president again
Moore hopes to change the way that continued professional development (CPD) is delivered post-pandemic
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NewsSpecialist insurance broker appoints new chief broking officer
The chosen candidate has worked in the insurance market for more than 20 years, including at Ark Underwriting Syndicate and Markel
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NewsCPP Group hires new UK chief executive
The new hire will succeed Michael Whitfield, who will remain at the business in another role
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NewsMGA Inperio launches broker PI product
The professional indemnity product will include cover for coronavirus-related losses
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NewsIFB inks landmark partnership with Shift Technology
The new system will be launched next year and will use artificial intelligence to mitigate the evolving fraud landscape
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NewsInsurtech Worry+Peace highlights value of negative reviews
The insurtech’s founder stresses that customers should not be afraid to leave negative reviews
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NewsPIB Group-owned Cobra Network welcomes new staffer
The new addition joins from Marsh Commercial’s Purple Partnership
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NewsSupreme Court holds insurer liable for bar patron death
Judges find that exclusion within public liability policy does not apply to Aberdeen case
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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NewsProposed tariffs for whiplash injuries post-reform is ‘offensive’
Whiplash injury compensation under the Civil Liability Act 2018 has been described as ‘an insult to the injured and vulnerable’ by industry commentators
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NewsDigital demand could displace £8.3bn of UK premiums by 2025
Despite the global recession, the UK insurance industry could grow from £274bn in early 2020 to approximately £298bn by the end of 2025
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NewsMotor accident claims fall by 31% year-on-year
Plus, motor insurance premiums recorded their biggest annual fall since 2014 in 2021’s Q1
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NewsKatie Price’s ex-husband jailed over bogus car insurance claim
The insurer argued that he should be jailed for ’knowingly giving a false statement’
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NewsExtinction Rebellion dumps fake coal at Lloyd’s in fossil fuel protest
The action marks the first protest for coalition Insurance Rebellion, which is targeting Lloyd’s
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NewsABI relays guidance replacing insurers’ lockdown support pledges
The pledges will be replaced with guidance across home, motor and pet insurance policies
