Latest News – Page 477
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NewsEthos Broking’s Finch Group buys Portsmouth-based independent broker
This marks the organisation’s 11th acquisition since they joined the broker group
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NewsHiscox faces legal action over rejecting coronavirus BI claims
Customers have written to the business secretary, Alok Sharma with their concerns
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NewsAviva chairman Adrian Montague to lead City coronavirus task force
More than 40 City leaders have been contacted for pro-bono assistance
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NewsInsurtech MGA Loadsure secures £1.1m in funding setting sights on spot freight market
Stephen Catlin is the insurtech board’s advisor, it is also one of twelve to be selected in Lloyd’s Lab’s fourth cohort
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Online onlyEsure back in profit but underwriting struggles continue
A 5.5 percentage point improvement in the insurer’s overall combined operating ratio was not enough to report a positive underwriting result
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NewsInsurers continue baby steps in reducing gender pay gap
Despite the Government Equalities Office suspending enforcement of the gender pay gap deadlines for this reporting year, a number of insurers have still published their figures
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FeaturesUS businesses seek to use damage trigger for business interruption claim pay outs
With Lloyd’s underwriters heavily invested in the US domestic property market, could upcoming lawsuits impact the UK business interruption sector?
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NewsInsurers and banks ‘acutely impacted’ by Covid-19, says operational risk association
However, the membership organisation believes the biggest potential cost on businesses is reputational
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NewsSabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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NewsAnt Middle set to replace Andy Watson as Ageas UK chief exec
Middle will commence in the new role from 1 June, subject to regulatory approval
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Online onlyBroker rolls out coronavirus-adapted employee benefits package for staff
The new package has been adapted to the Covid-19 pandemic with video sessions and webinars on offer
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NewsLloyd’s Lab reveals fourth cohort of insurtechs
The global (re)insurance market accelerator has unveiled twelve new insurtech disruptors to join its programme
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News AnalysisMorrisons wins landmark liability ruling for employee data breach
A clear case for covering exposures as good risk management has been highlighted
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NewsUS insurers offer motor premium refunds as Covid-19 hits claims frequency
UK market will be keenly watching the actions of US motor insurers
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NewsFCA outlines business priorities for 2020 and 2021
The regulator’s plans recognise the impact of Covid-19 on the financial services sector says interim chief executive
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NewsGallagher appoints new broking managing director for UK retail division
The broker promotes former market management director
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NewsCovid-19 impacts bodyshop businesses with claims notifications down by 70%
Nearly half of bodyshops surveyed have had to suspend trading amid pandemic lockdown
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IT InterviewEx-Jelf boss Phil Barton aims to build ‘next generation’ broking business
Insurance Times spoke to new Partners& chief executive Phil Barton to hear his plans for the future of the business and why he thinks the broking industry is in need of a reset
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NewsNew chief executive international appointed as QBE’s Richard Pryce set to retire
Pryce’s career in insurance spans 35 years, seven of which were spent at QBE
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NewsGRP’s Green Insurance Group buys two Brighton-based brokers
The purchase aims to strengthen the firm’s south eastern footprint
