Latest News – Page 426
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NewsOpen GI in brand refresh as it guns to be leading technology partner
Its research revealed that its customers wanted the brand to be perceived more like a tech SaaS firm instead of a broker
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NewsBrit’s syndicate Ki onboards its first broker trading partners ahead of New Year launch
Ki’s broker partners include Aon, Gallagher and Marsh among many others
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NewsLockdowns expected to bring big drop in claims costs this year, but 2021 predicted to turn negative
Underlying claims inflation, Brexit and the FCA’s new pricing rules could turn underwriting profits red next year, predicts EY
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NewsArch Insurance reveals SME terrorism product to combat evolving risks
Arch has more than 10 years of experience in terrorism insurance products
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NewsEsure revamps management team with two new appointments
The new hires will support the business with its digital transformation journey
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NewsPIB Group earmarks further European expansion with Polish acquisition
This is the business’s third purchase within Europe
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News AnalysisFCA labels insurers’ arguments as ‘far-fetched’ in Supreme Court hearing
However, insurers claim that there ‘is no justification for engineering contractual wording to accommodate unique circumstances which have occurred subsequently’
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NewsJM Glendinning in management buyout deal
The deal will see Stackhouse Poland’s chief executive join the broker’s board
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NewsLiP portal to undergo third stage of testing in new year
The Motor Insurers’ Bureau confirms that the online service is ‘85% ready’
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NewsAviva sells Italy life business as Blanc doubles down on UK champion strategy
Aviva is selling one of its Italian entities, having previously announced the sale of its Indonesia and Singapore businesses
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NewsAcquisition deal for Hastings completed
The business will be a subsidiary of financial firm Sampo Oyl
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NewsA quarter of insurance staff want more tech training to cope with ‘new normal’ - KPMG
More than a third of insurance professionals have received training around mental health, as 28% view this as a key theme within their job roles now
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NewsLloyd’s broker enters professional indemnity and public liability cover for esports
The esports industry is estimated to generate $1.6bn (£1.2bn) by 2023
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NewsClarifying causation will be crux of Supreme Court ruling – Fenchurch Law
However, Supreme Court judges also suggest a public policy stance around pre-trigger losses
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NewsBought by Many rebrands to ManyPets in Sweden amid wider mission
Bought by Many in the UK will remain the same, but a new branch will be opened in Sweden
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NewsInsurance Times Awards finalist 2020 Q&A: GRP’s service proposition improves after key acquisition
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: Clear Insurance Management’s three fundamental principles drives its strategy
Next month the winners for the Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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NewsGuidewire chief exec reveals company’s mission
The firm’s cloud platform is sparking the interest of UK insurers
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News‘The biggest risk for insurers is reputation’ says Aviva’s Blanc
The insurer boss adds that the industry’s reputational damage arising from the business interruption test case has left her feeling ‘very sad’ and that the industry needs to ‘not shoot ourselves in the foot as much as we do’
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NewsOver half of insurance staff want to remain home working post pandemic - KPMG
Financial services employees under the age of 30 are the most keen to continue working from home on a permanent basis
