Latest News – Page 421
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NewsAviva aims to take a lead on flood resilience
A cross-industry Code of Practice was launched yesterday on flooding as Storm Ciara hit the UK
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NewsBrokerFest 2020: ‘Brokers who embrace tech will be the winners’, says Erskine Murray
Insurance Times speaks to BrokerFest 2020 speaker and broker Erskine Murray chief executive Tom Bartleet about how technology poses the greatest threat, and opportunity, for brokers
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NewsAXA UK trials machine learning tool for speedier motor claims
The insurer is taking a new, comparative approach
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NewsCross-industry property flood resilience Code of Practice revealed
The code was launched in the Houses of Commons today and is aimed at insurers among other sectors
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NewsLMA to focus on Future at Lloyd’s implementation for 2020
The association will also seek to address Brexit challenges within its objectives for this year
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NewsFCA’s pre-existing medical conditions signposting rules: What does it mean for the industry?
After the FCA found that some consumers with pre-existing medical conditions were having problems navigating the travel insurance market it introduced new signposting rules, Insurance Times investigates what this means for the market
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IT InterviewQ&A: Lloyd’s seeks Brexit opportunities with Brussels base
The market’s chief development officer and head of European branches explains the role of Lloyd’s across the Channel
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NewsThe growing complexity of Lenders Finance Agreements: What do brokers need to know?
Narrow time frames and complex requests are putting brokers under pressure as they navigate the world of lenders finance agreements
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NewsAmrae president calls for risk management to move from a qualitative to quantitative stance
Brigitte Bouquot warns that businesses have to invest in potential risks in order to retaliate against economic shocks
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NewsLaka reveals Europe expansion plans after $4.7m funding round
The insurtech plans to set up a post-Brexit hub
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NewsInsurers pledge to help their Staveley Head clients
The broker had agency with several blue chip insurers
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NewsAdmiral set to report another profitable year, but spectre of rising claims costs looms
The insurer expects to post bigger profits in its 2019 figures, but issues warning on claims inflation
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NewsBrokers being forced to pay more attention to 'uninsurable' risks, says FM Global
The insurer believes both brokers and insurance firms are trying to assess potential intangible losses
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NewsDeeside MP pledges to help Staveley Head workers
At least sixty jobs are said to be lost after the business went into administration
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NewsNeos no longer offering connected home insurance products under own brand
The decision was made after the insurtech’s successful partnership with the insurer
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NewsSmartdriverclub’s Searles sells share in telematics broker stepping down from chief exec role
With the new acquisition as well as a vehicle tracking firm in the investors repertoire, the two could become a telematics powerhouse
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NewsDefunct Staveley Head paid £2m dividend to parent company prior to going into administration
Staveley’s directors were also paid dividends amounting to £600,000
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Online onlyInvestment returns boost Beazley profits amid rising claims
Insurer’s combined operating ratio rises to 100%, but chief exec Andrew Horton says a mid-90s COR is “realistic” for 2020
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NewsLack of supply chain understanding identified as key industry risk
The insurer’s claims director says mapping out supply chains is ‘extremely difficult’ for both insurance firms and risk managers
