Latest News – Page 473
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NewsFCA to force regular reporting of value measures data by 2021
The regulator published its business plan for general insurance this morning
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NewsAI firm Cytora secures £25m funding
The firm’s software is already in use by QBE, AXA, MS Amlin and Starr
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NewsInsurtech UK keen to work with insurance industry
The group hopes to develop into a formal association this year
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NewsBiba completes hire for new head of GI role
The former head of distribution for Tokio Marine Kiln will be responsible for seeing through Biba’s manifesto campaigns
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NewsAcquisition-hungry Gallagher still keen on specialist brokers post-Stackhouse
UK Retail chief executive says the company is “still looking” for companies that will “give it an edge”
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NewsExclusive: Gallagher UK retail boss Rea opens up on Stackhouse Poland deal
Michael Rea, chief executive of UK Retail outlines plans for the specialist broker, after completing the deal earlier this month
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NewsPen Underwriting appoints new sales and distribution head
The Gallagher-owned MGA is looking to expand its UK broker relationships
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NewsFSCS appoints new CEO as Mark Neale steps down
Former RBS executive, Caroline Rainbird is set to become the Financial Services Compensation Sheme’s new chief executive. With a career spanning 30 years within the financial services sector, encompassing senior regulatory, strategic, commercial, operational, investment banking, and client led roles, Rainbird brings experience on a global level to the FSCS. ...
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NewsArch builds new UK division with latest acquisition
The expanding division already consists of Axiom and the ex-Ardonagh commercial lines book
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NewsInsurer obsession with claims tables could disrupt fraud battle - Horwich Farrelly
The law firm thinks insurers could get caught up with their claims rates, thus stopping them from properly interrupting fraud
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AgendaPrice fluctuations expected after minor drop in Q1 motor premiums – Confused price index
The findings contrast with a £100 drop in motor premiums found by Comparethemarket
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NewsBiba adopts insurtech to tackle escape of water claims
In January Biba made a commitment to help its members make use of developments in insurtech
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Online onlyTory MP vows to end 'cowboy commissions' between broker and property negotiators
Sir Peter Bottomley has vowed to end high commissions between property negotiators and brokers - years after regulators have not acted
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AgendaApplied beds in its Google tech
The firm is also using its relationship with Google for expertise in search and digital marketing
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NewsExclusive: Aquiline in ERS investment u-turn after seeking sale
After months of talks with a potential sale in the pipeline, Aquiline decides to stick with the specialist insurer
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NewsConstruction and engineering firms warned of severe policy changes amid capacity problems
Poor insurance underwriting results and sustained losses last year has forced several underwriters to withdraw from writing professional indemnity risk in the construction sector
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Online onlyPIB eyes £200m acquisitions' war chest to target Lloyd's and UK brokers
Consolidator hires advisers to raise money
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NewsLemonade receives $300m in funding to accelerate expansion
The insurtech announced its plans to expand outside the US last November
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NewsCharlotte Halkett to leave buzzvault 'for something completely different'
Managing director of insurance product at buzzvault writes blog post praising her team, but the need to move on and spend time with family before her next insurtech challenge
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NewsExclusive: Kasko and Co-op partner up for student insurance proposition
The product was built in ten weeks
