Latest News – Page 430
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NewsAverage motor claim cost in Ireland rose 4% between 2018 and 2019
Compensation for litigated settlements in Ireland averaged €46,214 between 2015 and 2019, with legal fees coming to €23,409 for these cases
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NewsCoventry-based broker closed by FCA
The regulator ordered the firm to cease carrying out regulated activities under a client money order
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NewsRSA mulls multibillion pound consortium bid
The British insurer has been seen as an attractive acquisition target for some time
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NewsLloyd’s told new blueprint requires total London Market support
Lloyd’s reveals Blueprint Two priorities, including the use of AI to streamline costs
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Online onlyGRP’s Yorkshire hub snaps up regional broker
Marshall Wooldridge announces its second deal in a matter of days
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NewsBrokers define hard market and struggling economy as their biggest concerns
Research by Aviva also signposts Brexit as the potential cause of an economic decline
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News‘Data-driven world of mobility’ can be ‘real power for good’ says MIB’s Clayden
Speaking at the ABI’s virtual motor conference, the MIB boss explained that insurers need to be ‘absolutely alive’ to the opportunities presented by data
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NewsHyperion Insurance name disappears
The Hyperion name has been known to the insurance industry since 1998
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NewsBrightside sees EBITDA improvements in broking business
Placing IQED into run-off has impacted 2019’s financial figures, but the business’s broking activity is showing positive growth
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NewsBrightside puts MGA business Kitsune into run-off
MGA was unable to deliver the same level of returns that the core broking business did, Brightside chief executive tells Insurance Times
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NewsFCA outlines key drivers of harm for Lloyd’s and London Market in new ‘Dear CEO’ letter
The letter, which is targeted at Lloyd’s and the London Market intermediaries and MGAs, provides an overview of the areas of focus within the regulator’s supervision strategy
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NewsMan jailed for half a year after ‘blatant’ fraud
Man made 22 exaggerate claims after a road traffic accident in 2014
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NewsMGAs need to adopt ‘ecosystem mindset’ to deliver value to customers
In the latest MGAA webinar, attendees learn how an ecosystem approach can help to drive internal efficiencies and produce greater value for customers
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NewsAXA reports €38bn revenue for P&C in last nine months
Both commercial and personal line results fluctuated due to the ongoing Covid-19 pandemic
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News AnalysisFCA dual pricing ban could be ‘catalyst’ for Amazon to enter insurance
With rumours of Amazon entering the motorcycle and car insurance market, Insurance Times takes a closer look at how it might affect the industry
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NewsBackchat November 2020
Bearded goats, sandwich eating robots and charitable chief execs – what has the insurance industry been up to this month and which outgoing chief exec gave £10m to his staff to say thank you for all their hard work? You heard it here first…
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AgendaOpinion: Will brokers be bypassed if Amazon enters insurance?
Editor Yannick Guerry mulls over the potential fallout and ramifications if digital retailer Amazon decides to add insurance as a string to its bow
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NewsBiba confirms digital conference and exhibition for 2021
The trade body’s annual spring event will move to a digital platform for next year, after 2020’s conference and exhibition was cancelled due to the coronavirus pandemic




























