Latest News – Page 458
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News
Big data platform provider eyes fleet insurance overhaul with partnership
Partnership with connected camera fleet firm looks to allow fleet operators to benefit from telematics data
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Insurers face big claim as Ocado reveals £110m factory fire damage
Online retailer has already had £11.8m payment
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Norwegian insurer set to lose £6.9m over Grenfell ruling
Protector Forsikring loses case that Munich Re should pick up most of Grenfell cost through reinsurance programme
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Agenda
Jobs lifeline for Ageas staff as Ardonagh business takes over Stoke office
The Atlanta Group is set to offer roles to the majority of the 220 Ageas staff working in the Stoke-on-Trent office
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Markerstudy buys Smart Driver Club Insurance
Smart Driver Club Group will continue to serve as a data services supplier for the business when it joins up with Markerstudy
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Insurance broker gets seven year ban for illegal work
Insurance agent was only regulated to sell insurance and mortgage products
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Zurich appoints Amanda Blanc successor
A week after Amanda Blanc’s shock resignation, Zurich appoints her successor to lead the European business
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More than one new insurance business registered everyday last year
Over two thirds of UK insurance businesses active today were incorporated in the 21st century, analysis shows
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Selling cyber seen as key to bright broker future
Most SMEs still didn’t have cyber cover, as of 2018 - which is a great opportunity for brokers to expand their business
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Saffron Insurance makes fourth acquisition
Last month new funding was granted to Saffron-parent Bravo Group to buy more brokers
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Agenda
Davies picks up two firms with acquisition
Latest Davies acquisition adds two firms to the group with an expertise in motor claims
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Agenda
Bollington reassures brokers of Gefion plan amid Premium Credit axe
Gefion has 45 days to restore its solvency ratio or faces losing Premium Credit as a finance provider on its policies
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Insurance industry mulls impact of ‘landmark’ BA data breach fine
What warnings can the insurance industry heed from the ”record” fine levied against BA for its data breach?
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Flood Re urges insurers to reward proactive homeowners
It follows AXA calling for Flood Re to widen its scope last Friday
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Brexit blamed for Markerstudy-Co-op deal delay
Markerstudy paid £185m for its underwriting business, CIS General Insurance in February last year
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Agenda
Gefion bombshell as major premium finance provider pulls out
Leading premium finance provider announces it will no longer finance policies where Gefion is the underlying carrier
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AXA calls for Flood Re scope extension amid welcoming flood strategy
The insurer has asked the government to provide assurance on whether there will be negative impacts from Brexit in fulfilling the strategic objective for investment in this
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Insurance2025 debate: Who will win the distribution battle - incumbents or insurtechs?
Incumbents have the expertise and the capital, but the pace of technological change means it is highly like that new ecosystems will emerge. Which stakeholder will dominate distribution?
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Insurance2025 debate: Will there be an ‘Uber moment’ for insurtechs?
The panel at Insurance2025 went head to head in an explosive debate on the subject whether there will be an ’Uber moment’ for the insurtech sector