Latest News – Page 459
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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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News
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
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‘No role that won’t be affected by technology’ - Insurance2025 talent debate
After a presentation by IDEX CEO Matt Green, industry leaders debated the changing workforce culture and how businesses need to cater for it
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Worry+Peace connects brokers to customers with new 'online marketplace'
Broker-turned-insurtech aims to better connect the insurance industry
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27 staff leave Kennedy’s for rival law firm
17 lawyers and 10 support staff make the shift from Kennedy’s to Plexus
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Acturis expands international footprint with Canadian acquisition
Co-chief executive David McDonald says the acquisition bodes well for the whole group
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How insurance can survive beyond 2025
Consumer Intelligence chief executive Ian Hughes highlights four upcoming trends over the coming six years in his keynote address at Insurance 2025
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News
Amanda Blanc resigns from Zurich
As a result of her resignation, she is also to step down as board chair of the ABI
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Agenda
Mass resignations spark Marsh-Hyperion staff poaching legal battle
Court papers have been filed accusing Hyperion of co-ordinating the resignation of 47 employees to either pick up clients or force a sale of certain JLT Specialty divisions
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Lloyd’s raises electronic placement targets for syndicates
Syndicates are expected to place the majority of their business through an electronic placement system, with the target amount increasing up to the end of the year
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Lloyd’s delays launch of new modernised platform until 2020
John Neal says that the insurance industry cannot wait until 2023 for “The Future of Lloyd’s” to have an impact
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‘Crash for cash’ scammers jailed for Markerstudy fraud
First time both fraudulent claimant and decoy driver jailed in such a case
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Agenda
Chubb to stop writing coal-related policies
Climate change given as the reason Chubb will no longer underwrite the construction and operation of new coal-powered plants
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IT Interview
2019 eTrading Q&A: Transfer of the LV business has been a real success story for Allianz
Insurance Times speaks to Helen Bryant, director of SME & corporate partners at Allianz Insurance on the reaction to the star rating in the Insurance Times 2019 eTrading Survey
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Agenda
Gefion solvency ratio sinks to 105% as regulator inspection bites Danish carrier
Danish regulator orders recalculation of solvency ratio as part of ongoing inspection into the unrated insurer