Latest News – Page 431
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IT Interview‘Mediocrity cannot be tolerated’ in impending LiP portal says Minster Law boss
Although the Litigants in Person portal is pencilled in for an April 2021 launch date, Shirley Woolham warns that unless it is ‘absolutely workable’, then further delays should be recommended
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NewsTesco Underwriting claims handler pleads guilty to fraud
The accused siphoned off claims payments into his own account, court heard
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NewsFCA business interruption test case appeal date set by Supreme Court
Six insurers, the FCA and the Hiscox Action Group are appealing some parts of September’s High Court ruling
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NewsSainsbury’s mulls insurance exit
The grocer has reportedly been looking to sell its banking arm, which includes a range of insurance products
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NewsAgeas confirms new UK chief distribution officer
The new hire was formerly Aviva’s propositions director
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NewsGeo Underwriting buys marine and leisure book from wholesale MGA
The deal will see a team of 11 join the business
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NewsLondon Market sees greater influx of US casualty and property premium
The tightening of US markets and hardening London rates are seen as pull factors attracting US business to London
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NewsRate rises fuel premium income growth for Hiscox
The insurer also saw no further rises in its Covid-19 claims estimate
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NewsCompetition will remain high for established brokers in M&A says RSM
However buyers could still be cautious considering the uncertainty of the economic landscape
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NewsTractable reveals its plans for Japanese motor insurance market
The insurtech tells Insurance Times why the Japanese motor market is different to the UK
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People & OpinionQ&A: How SSP’s Intelligent Quotes Hub could smooth the end of dual pricing
Adrian Coupland, customer and marketing managing director of SSP discusses dual pricing ending and how the firm’s Intelligent Quotes Hub technology might help this transition
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FeaturesTech could hold the key as Covid-19 causes BI to become a ‘surge event’
Keoghs partner explains how technology needs to be utilised in order to handle the vast uptick in business interruption claims as this typically low frequency incident becomes a ‘surge event’ following the onset of coronavirus
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IT InterviewMGA Q&A: Touchstone Underwriting to offer value-add services to brokers in wake of Covid-19
Alan Roe, managing director of Touchstone Underwriting, tells Insurance Times how the sector is responding to the Covid-19 pandemic as well as what plans the MGA has in the pipeline
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NewsPIB Group buys Leicester-based commercial broker in flurry of acquisition activity
The purchase will boost the broker’s headcount by 90 staff
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NewsBury-based claims management company fined £250,000 for nuisance calls
The Information Commissioner’s Office said the firm had broken electronic marketing law
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News51% of SMEs cut back on business insurance policies amid pandemic – Premium Credit
Underinsurance is a major problem, with many cash strapped SMEs cutting back under the financial strain of the coronavirus-influenced recession
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IT InterviewBroker service Q&A LexisNexis: How motor insurance underwriting and pricing could evolve
Insurance Times speaks to LexisNexis Risk Solutions about the challenges ahead for brokers operating in the personal lines market
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NewsMS Amlin Underwriting confirms new chief executive
Tom Clementi is to step down after four years in the top spot
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NewsHiscox appoints new UK chief operating officer
The candidate has been promoted from an interim role to a permanent position
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NewsWindow cleaner confesses to fundamental dishonesty over personal injury claim
Insurer Admiral teamed up with law firm DAC Beachcroft to investigate suspicious circumstances following a road traffic accident
