Latest News – Page 425
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NewsJohn Neal reveals Lloyd’s of London’s ultimate goal
In a Q3 trading update, the Lloyd’s boss revealed his ultimate goal for the marketplace and why it continues to focus on performance agenda
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NewsFSCS to crank up supplementary levy to accommodate for firm failures
The general insurance distribution class retail pool will need to stump up an extra £29m, for example
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NewsMore to do in transforming performance but change underway says Aviva’s chief exec Amanda Blanc
Following its Q3 trading update, Aviva’s chief executive explains the progress that the firm has made so far in transforming its performance and reveals its exploring options in its portfolio
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IT InterviewIn Focus: Independent brokers have ‘a mindset for survival’ – Ethos Broking
Building resilience while navigating the Covid-19 pandemic lies in forging progressive growth supported by the foundations of culture, communications and care, says Ethos Broking’s managing director
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Features‘Gross profit’ terminology confusion creates underinsurance hazard – Sedgwick
Determining insurable gross profit versus an accounting gross profit can be a headache for policyholders, however if calculated incorrectly, the ramifications on business interruption claim payouts could be impactful. Insurance Times explores the issue as well as possible solutions
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FeaturesBriefing: Productivity vs staff wellbeing – the homeworking conundrum
Productivity gains should not be at the detriment to employee wellness, especially as the pandemic presents a ‘mental health timebomb’
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NewsAviva revises down pandemic BI claims cost estimate
Aviva said fewer claims in the third quarter had allowed it to cut its forecast payout figure for business interruption claims
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NewsLloyd’s Brexit transfer gets final High Court approval
This transfer will be effective just after midnight on 30 December 2020
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NewsAlmost half of insurance professionals mulling career change post-pandemic - KMPG
Research reveals opportunity for insurers to invest in staff training if they want to attract and retain talent
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NewsBrokers need to be SME business partners to secure success post Covid – Markel
Expert panel agrees that an advice-led approach complete with value-added services, such as tax and legal support, is the future of commercial broking post pandemic
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NewsThree ex-Hiscox bosses set up new Lloyd’s insurance group
NatWest Group’s Sir Howard Davies has been appointed as the group’s chairman
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NewsARAG confirms new chief financial officer in preparation for Moreton retirement
The new hire has worked at firms such as QBE and Markel International
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NewsHowden buys cyber and technology-focused broker
The company says the purchase ‘supercharges our growth in this important market’
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NewsToo many brokers looking for ‘easy short-term answers’ to solve profitability
An Insurance Times expert webinar panel discussed how brokers can future proof their businesses post-pandemic
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NewsGoCo taken over by media group
Aggregator GoCompare has accepted an offer from media giant Future Plc, which values the business at more than half a billion pounds
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NewsFOIL warns of potential injuries and complex claims ahead of 2021 London e-scooter trials
With Transport for London set to start e-scooter trials in London next year, insurers and brokers could have some new challenges and risks ahead
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NewsInsurance Times Awards finalist 2020 Q&A: Lockyer’s facilitates repatriation of client amid Covid-19 pandemic
Next month the winners for the Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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NewsInsurance Times Awards finalist 2020 Q&A: Carrot Insurance rewards customers for driving safely during lockdown
Next month the winners for the Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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IT InterviewIndustry has work to do to regain customer confidence – Zurich
Zurich UK’s head of retail believes insurers are ‘absolutely all aligned’ to repairing the reputational damage caused by the FCA’s test case and confusion over business interruption cover
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NewsTake greater heed of climate risks, insurers warned
Law firm partner says insurers may need to take a leaf out of cyber insurance’s book with ‘explicit exclusions’
