Latest News – Page 420
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News
Brit makes strong comeback after challenging years
It follows two very challenging years for both Brit and the wider market
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News
Bollington Wilson acquires independent credit insurance broker
It is the independent broker’s second acquisition this year
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Allianz Partners UK enters bicycle insurance market
The partnership supports a greener method of transport
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IT Events
High net worth individuals are ‘low-hanging fruit’ for cyber criminals
UK Global Broking Group told BrokerFest 2020 delegates that awareness training is key to eliminating carelessness when it comes to online safety
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News
Event operators uninsured for coronavirus-related cancellations
Insurers are rushing to exclude the illness from epidemic cover
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Zurich UK’s GWP for general insurance rises by 4% to just under £2.5bn
The insurer also confirmed its focus on escape of water and fire risks for 2020
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Police officer sentenced for fraudulent insurance claim
Serving policeman submitted several false claims
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IT Events
Customer education helps reduce escape of water claims as part of multi-pronged approach
Thinking outside of rigid claims processes can sometimes better suit clients says Davies Group
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News
Marine rates looking up, but sector still under pressure
The impact of years of low marine rates and losses has come at a long-term cost
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IT Events
Engaging with tech savvy millennials is vital to combat HNW underinsurance
The customer experience needs to centre around a digital delivery and offering online modelling tools
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Brokers facing five key challenges this year says CI’s Ian Hughes
Brokers face a tough year, but with the right strategies can triumph, Hughes suggests
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News
CFC reveals top objections for not buying cyber insurance
Penetration for cyber insurance in the UK remains low but there are many reasons why firms do not buy it
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IT Events
Brokers should trust their gut instinct when dealing with unrated insurers
An expert panel at Insurance Times’s BrokerFest 2020 event discuss whether it is ever appropriate to work with an unrated insurer
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News
DARAG buys UK insurer in run-off
The legacy acquirer hopes to use the purchase to buy more UK businesses
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IT Events
High net worth market hardening by 8-10% says Lumley Insurance
The firm’s chairman and managing director identifies the latest high net worth trends at BrokerFest 2020
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Online only
Lloyd’s reveals big names joining Cultural Advisory Group
The group has been set up as part of a comprehensive action plan to drive long-term cultural change in the Lloyd’s market following a string of shocking revelations
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Clear Group buys rights of light broker
Private equity backed broker makes its first acquisition of 2020
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Online only
Pen Underwriting appoints new chief exec
While former boss Jonathan Turner moves to head up Gallagher’s UK-based specialty business
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Brexit continues to divide brokers
An expert industry panel were discussing the impact of Brexit on brokers