Latest News – Page 488
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NewsCombined Ciara and Dennis claims approach half a billion pounds
A series of Atlantic storms have caused widespread damage and disruption to properties in recent weeks
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NewsShocked staff in tears over sudden Staveley Head administration
Staveley was a major employer in the Welsh town of Connah’s Quay
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NewsGovernment plans to extend dormant assets scheme to encompass insurance sector
Dormant insurance policy proceeds could be re-directed to aid good causes
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Online onlyAXA UK personal lines fastest growing in the world amid rate rises
AXA was buoyed by a 2.4% rise in rates across personal lines last year - and is expecting the market to harden further
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NewsInsurance data standards body forms London Market advisory board
The board has been set up to help industry gain maximum value from data exchange
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NewsMGAA announces new board
The group will work on a strategy to improve the business environment for MGAs
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Online onlyAXA reports small improvement in group COR as revenue climbs 5%
UK and Ireland business boasts an uptick in profitability despite worsening current year COR
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NewsAXA XL hires new boss as it reports difficult 2019
The specialty division of the French (re)insurer saw rising claims last year
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NewsNFU Mutual to pay out around £20m for Storm Ciara-related claims
The insurer says it has received more than 2,800 claims, primarily for storm damage
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NewsSupreme Court rules against MIB in landmark legal action
The organisation will now have to compensate individual who was struck down by an uninsured driver on private land
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IT InterviewMcCarron Coates on the importance of understanding the end-user
After bagging two awards – a gold for claims broker of the year and a silver for commercial lines broker for the year at the IT Awards last year in November, McCarron Coates’s director Paul Coates tells Insurance Times what sets him apart from other brokers, understanding the end user ...
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NewsBollington makes third acquisition buying commercial insurance broker
The purchase pushes Bollington’s GWP to £180m
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NewsAgeas brings its home book back into profitability
The insurer cites a pricing and underwriting revamp as one of the main causes for the turnaround
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NewsWelsh rugby club seeks donations as insurance won’t pay out for flood damage
Storm Dennis-related flooding devastated the grounds and facilities at Bedwas RFC
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IT InterviewInsurers could be on the hook for future liability says Copart UK’s MD
The US trend surrounding future liability after insurer-arranged car repairs is careering into the UK market, according to salvage firm
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NewsCyber criminals go phishing using Coronavirus outbreak to swipe data
As phishing attacks are becoming more and more sophisticated, the insurance industry must continue educating people to spot them
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NewsTali Shlomo leaves Chartered Insurance Institute
She has 18 years of experience working in various roles at the CII
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News AnalysisPRA’s cyber policy changes leaves firms at risk of being under-insured – Mactavish
Greater transparency welcomed but many businesses face extra bills for cyber insurance add-ons compliance firm says
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NewsDame Inga Beale joins Crawford & Co
She joins a nine-strong board at Crawford & Co with three female directors
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IT InterviewFive Star Q&A: Claims is the shop window for brokers says Brokerbility's Ashwin Mistry
Insurance Times speaks to Brokerbility’s executive chairman about how insurers and brokers can provide 5 star service to customers
