Latest News – Page 439
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NewsABI launches mental health standards for travel, health and protection insurers
Insurers within these lines of business will need to implement the association’s measures by December 2021
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IT InterviewBrokerbility buy is a ‘tremendous opportunity’ says Clear Group boss
Broker to target small, specialty firms as part of M&A expansion plan to support ‘gradually moving up the ladder’
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NewsInsurtech Ripe posts 16% revenue rise
It is the insurtechs twelfth consecutive year that it has reported a rise in its financial results
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NewsSolicitors’ PI rate rise on the horizon due to Covid-19
With the pandemic giving rise to a potential rise in claims for solicitors’ professional indemnity insurance, Paul Castellani the Forum of Insurance Lawyers (FOIL) and Kennedys’ partner tells Insurance Times why
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Online onlyBirmingham man sentenced for fraudulent personal injury claim against Aviva
Guilty man claimed he had been inside a car hit by an Aviva insured when in fact he had not
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News AnalysisArdonagh EBITDA up 30% as specialty business drives growth
Chief executive David Ross said the result was testament to the broker’s resilience in the face of Covid-19, aided by the group’s diversified portfolio
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News AnalysisPost-pandemic recession could spell more trouble for solicitors’ professional indemnity insurance
With renewals earmarked for 1 October and a possible economic recession ahead, solicitors’ professional indemnity is back in sharp focus, Insurance Times finds out why
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NewsClear Group buys Brokerbility Holdings
The deal marks the broker’s biggest acquisition to date - it will now manage around £200m in premiums and employ more than 400 staff
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People & OpinionQ&A: SSP on how technology can serve insurance post-pandemic
SSP’s sales director, Dean Richardson discusses legacy systems, the Cloud and how technology can serve the insurance sector post pandemic
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FeaturesCovid-19 claims yield abundant harvest for claims farmers
Delegates at Insurance Times’s third virtual roundtable say the ‘farming scope for Covid claims is absolutely massive’
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NewsInsurers to suffer dip in short-term profitability due to FCA’s price walking measures
However, credit ratings agency predicts that in the longer term, retention will increase
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News Analysis‘Pandemic Re needs to get up and running’ says Aston Lark boss Peter Blanc
The ‘cancellation culture’ caused by Covid-19 is hitting the economy hard, but the inability for event organisers to obtain to coronavirus cover is still stifling this sector – Blanc believes it’s time for the insurance industry to lean on the government for a solution
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IT InterviewUninsured smaller acquisitions spark fresh demand for insurance solution says CFC’s Angus Marshall
With a potential post-pandemic capacity crunch in M&A, CFC’s Angus Marshall gives his view on the current environment and why corporates are looking at warranty and indemnity insurance
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IT InterviewHow Amazon’s latest insurtech tie-up could be template for disruption
Tech giant Amazon recently partnered with an insurtech instead of an incumbent, Altus’s consultant Patrick Hayward tells Insurance Times why this move is an important one
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NewsAston Lark appoints MD for UK retail arm
The new hire, who starts on 1 October, has more than 30 years of industry experience
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IT InterviewCovid-inflated credit hire claims is ‘a big issue' for insurers, says law firm partner
The Covid-19 pandemic may be boosting income opportunities for credit hire firms – accumulatively, this could end up being a big financial hit for insurers
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NewsNDML and NTIA urge Hiscox to pay interim BI claims
The broker and trade body encourage insurance firm to take ‘the ethical approach’ and pay 50% of policyholders’ claims now
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NewsWomen receiving greater discounts from telematics policies
New research from insurethebox revealed that its telematics data has shown women to be safer drivers, with young males 130% more likely to speed than women the same age
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NewsLloyd’s taken off Fitch ratings watchlist
Fitch has now affirmed Lloyd’s AA- rating and removed them from the Ratings Watch Negative list, saying their rating is now stable
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NewsInperio signs new multi-year deal with specialist underwriter
The partnership will see capacity offered to solicitors and independent financial advisors
