Latest News – Page 444
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NewsBackchat September 2020
Puppet shows, furry friends and a spot of gardening. What has the insurance industry been up to of late? And who made a cameo appearance on 360Globalnet’s video call? You heard it here first…
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NewsTechnology & Innovation Awards finalist 2020 Q&A: Shepherd’s machine learning analytics proposition translates data to predictive claims
There are just nine days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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NewsTechnology & Innovation Awards finalist 2020 Q&A: VisionTrack’s IoT platform overhauling telematics and cutting fraud
There are just nine days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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NewsCarrot Insurance urges government to incentivise young drivers’ telematics usage by removing IPT
Responding to the House of Commons’ Transport Select Committee’s inquiry into the reasons why young drivers are at a higher risk of being involved in road traffic collisions, the black box insurer believes all 17 to 22-year-olds should have a telematics policy for a year after they pass their driving ...
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NewsTechnology & Innovation Awards finalist 2020 Q&A: FloodFlash on the power of parametric insurance in fast-tracking flood claims
There is just ten days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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NewsBennetts Motorcycling Services joins the Ardonagh Group
The Competition and Markets Authority launched an investigation in July on Ardonagh’s acquisition of Bennetts - this formed part of the purchase process
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NewsTechnology & Innovation Awards finalist 2020 Q&A: Open GI’s machine learning offering turns data to insights for brokers
There are just ten days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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NewsTechnology & Innovation Awards finalist 2020 Q&A: Avantia tool delivers 40% rate of interest return
There is just ten days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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News Analysis‘Keen to make acquisitions’ – Gallagher chiefs discuss M&A strategy
Gallagher has a strong balance sheet and a track record of buying UK brokers. Gallagher UK underwriting and broking boss, and M&A head Olly Homer, discuss acquisitions. The duo insist a strong cultural fit is paramount in making a deal.
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NewsArron Banks hunting down Noel Edmonds over alleged £1.3m insurance debt
Banks has hired private investigators to track down the former Deal or No Deal host as he apparently owes Banks £1.3m
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NewsCoronavirus lockdown causes 0.3% decline in home insurance premiums
However, average premiums for this line of business has increased by 3% over the last 12 months
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NewsMunich Re-backed insurtech raises extra £1.6m for growth in new markets
With its second fund raise this year, Urban Jungle is not showing any signs of slowing down, even though the Covid-19 pandemic is a financial obstacle for most of the sector
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NewsInsurers unveiled 107,000 fraudulent insurance claims in 2019
This equates to a new insurance scam being uncovered every five minutes, totalling around 300 fraudulent claims a day
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AnalysisThe Rooney Rule: Could it improve the recruitment and retention of ethnic minorities in insurance?
After one Lloyd’s syndicate might be adopting such a strategy, Insurance Times examines whether the Rooney Rule might solve the ongoing recruitment and retention issues of black, Asian and minority ethnics in the insurance industry
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NewsInsurance broker accused of ‘forgery’ to win commission
Although an official figure for the commission is unknown it has been estimated at £1.5m
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Online onlyEx-Aviva boss and major reinsurer in dramatic Saga takeover
Ex-Aviva boss put together a 33p-a-share offer for the troubled firm
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NewsTechnology & Innovation Awards finalist 2020 Q&A: CFC data enrichment engine helps brokers sell cyber insurance
Winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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People & OpinionCovid-19 is just an excuse for poor service from the insurance industry says broker MD
Ann Manning, managing director at Henley-on-Thames-based broker ManningUK, says she is ‘ashamed of our industry’. Here, she describes her recent experiences with insurers during the coronavirus pandemic… By Ann Manning, managing director at ManningUK
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NewsIUA open letter calls for right to cancel professional indemnity cover for solicitors
The IUA is concerned that professional indemnity insurance could become “unsustainable” if underwriters cannot cancel policies if premiums go unpaid
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NewsMarkerstudy cuts compulsory redundancies for proposed Co-op Insurance deal
Markerstudy says that employees are of ’utmost importance’, earlier in the week an Early Day Motion was filed in a bid to reassess the deal with Co-operative Insurance
