Latest News – Page 418
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NewsGovernment’s trade credit reinsurance scheme extended
The temporary support measures will now run until June 2021
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NewsOpinion: Preparing for the next wave of claims
Climate change is so big that we do not even see it as a wave that may “break” and cause havoc for us, writes Hans Læssøe, founder of AKTUS
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NewsAXA to sell Greek operations for €165m
The move forms part of the business’s simplification strategy
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NewsMerry Christmas and a Happy New Year from the Insurance Times editorial team!
Insurance Times is taking a short break for the festive period, but we shall return on 4 January to continue to provide you with timely news, features and views on the latest and important developments in the insurance industry. Thank you for your support throughout this turbulent year!
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NewsHedgehog founder Lombard set to launch new MGA venture next year
With a focus on automation, the startup will be led by key industry players, including esure’s Jon Wilshire
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NewsMotor premiums fall by 2.5%
Figures for the last six months show a decline in premiums as fewer journeys made during lockdown
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NewsConvex parts with SCOR to secure post-Brexit EU access
Partnering with an EU entity is one of several ways by which a UK insurer or broker can continue to trade on the continent after Brexit
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NewsZurich manhole injury fraudsters jailed
Pair tried to defraud Zurich insurance after claiming they sustained injuries from falling down an open manhole
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NewsMotor insurers predicted to save £4.4bn on claims payouts this year
A dramatic shift in vehicle use has led to a decline in claims this year
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NewsPet insurance price hikes continue unabated
Pet ownership has been on the rise during the pandemic
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IT Interview‘Current insurance models aren’t fit for purpose’ for autonomous vehicles – Rideshur
The MGA believes it could have some form of autonomous vehicle specific insurance available as early as next year
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NewsWillis Towers Watson to leverage AI for emerging risk solutions
Airmic welcomes broker’s partnership with analytics firm Polecat, which ’signals a new generation of innovative risk management solutions’
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NewsBuilding back better with simpler insurance products
The Covid-19 pandemic has created the need for an overhaul of insurance, but the industry must make sure that the products it creates in response are fit for purpose
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NewsEuropean Commission to extend Aon-Willis merger probe
The Commission has until May next year to make its decision on the merger
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NewsLloyd’s underwriting room to open on Wednesdays only amid Tier 4 lockdown
The London market took the same measure during the national lockdown earlier in the autumn
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NewsGRP reports year of growth despite pandemic headwinds
Global Risk Partners reported strong growth in 2020 fuelled by its acquisitions and underwriting performance
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NewsMotorists risk being turned away from ports without Green Card, warns BIBA
In a matter of day, motorists will need to show evidence of insurance when they travel to the European Union
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IT InterviewCovid spurring insurers to work more closely with insurtechs – Instanda
Instanda’s Tim Hardcastle tells Insurance Times why the pandemic has been a catalyst for insurers to work with external partners
