Latest News – Page 438
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NewsDeepwater dispute goes to UK supreme Court
The explosion caused what is regarded as the biggest oil spill in the history of the industry and resulted in the loss of 11 workers
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NewsInsurance Times Awards finalist: Policy Expert ‘free from monolithic mainframes’
The Insurance Times Awards 2019 is just around the corner, with more than a 100 finalists attending at our fabulous new Grosvenor House venue on November 22 To see more fantastic Q&A’s from finalists, click here.
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NewsSwiss Re bemoans Brexit uncertainty as biggest economic threat
The concern centres on the uncertainty that remains over the future direction of Britain, which in turn is dampening the economic outlook
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NewsComparison sites come under fire
An insurtech has released a report claiming that price comparison websites are ripping off younger drivers
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NewsTasker Insurance Group acquires Worthing-based business insurance specialist
The purchase marks TIG’s third acquisition this year as the insurer strengthens its retail proposition
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NewsInsurance Times Awards finalist: Club Insure and NDML’s well-being strategy
The Insurance Times Awards 2019 is just around the corner, with more than a 100 finalists attending at our fabulous new Grosvenor House venue on November 22
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NewsFCA threatens more action on dual pricing
As it releases its interim report on home and motor insurance, the regulator proposes further remedies to stamp out the loyalty penalty, including restricting prices on automatic renewals and measures to better enable switching cover
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NewsBiba calls for flood defence spending pledge
Some communities in the north of England have been devastated by floods in recent days
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NewsWTW hire former JLT power broker
New hire will be responsible for growing the international property portfolio placed in the London insurance market
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NewsZego first UK insurtech to be awarded insurance licence
It will allow the insurtech to sell its own products, the news is a positive development for the sector
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Online onlyMeet Lauri, Keoghs’ new AI insurance lawyer
The new technology can save insurers tens of thousands of pounds in indemnity spend per claim, and has so far processed 5,000 claims
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NewsLaw firm partners fined £80,000 for selling insurance through own broker
FairPlane UK directors to cough up after breaching Solicitors Regulation Authority principles
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NewsDue diligence for cyber risk “good” or “excellent” say 23% private equity professionals – Mactavish
Some respondents in the survey believed that cyber cover was too expensive listing this as the main obstacle to obtaining it
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NewsCopart launches report on Brexit-driven trends in salvage market
Now that the UK is facing an election, there is yet another delay before the final timing of Brexit is pinned down. But, the expectation of the UK leaving the EU has already had a major impact on the motor salvage market
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NewsAgeas chief executive warns of unsustainable premium prices
Andy Watson reveals that climbing claims costs is creating pricing pressure.
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NewsSIB says brokers must be prepared to provide customised cyber cover
The professional body has recommended what brokers can do to tailor cyber cover
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NewsRe-insurance scheme helps quarter of a million households in high flood risk areas get cheaper home insurance
The Flood Re initiative has benefitted 3,049 Birmingham households to date
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Online onlyInsurance Times Awards finalist - Co-op’s innovative travel illness solution
The Insurance Times Awards 2019 is just around the corner, with more than a 100 finalists attending at our fabulous new Grosvenor House venue on December 22. Here we feature the Co-op’s entry into Customer Champion of the Year. To see more fantastic Q&As from finalists, click here. ...
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NewsFraudster cleric locked up for £31,000 personal injury scam
Luton-based pastor ordered to pay £16,000 after attempting to con court officials with personal injury insurance scam.
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News Analysis‘Computer says no’ – why e-trading still needs a human touch
When dealing with risk, e-trade can overhaul processes for brokers in terms of speed and efficiency. But, is it foolproof when dealing with complex risk? Insurance Times investigates
