Latest News – Page 491
-
NewsThe growing complexity of Lenders Finance Agreements: What do brokers need to know?
Narrow time frames and complex requests are putting brokers under pressure as they navigate the world of lenders finance agreements
-
-
NewsAmrae president calls for risk management to move from a qualitative to quantitative stance
Brigitte Bouquot warns that businesses have to invest in potential risks in order to retaliate against economic shocks
-
NewsLaka reveals Europe expansion plans after $4.7m funding round
The insurtech plans to set up a post-Brexit hub
-
NewsInsurers pledge to help their Staveley Head clients
The broker had agency with several blue chip insurers
-
NewsAdmiral set to report another profitable year, but spectre of rising claims costs looms
The insurer expects to post bigger profits in its 2019 figures, but issues warning on claims inflation
-
NewsBrokers being forced to pay more attention to 'uninsurable' risks, says FM Global
The insurer believes both brokers and insurance firms are trying to assess potential intangible losses
-
NewsDeeside MP pledges to help Staveley Head workers
At least sixty jobs are said to be lost after the business went into administration
-
NewsNeos no longer offering connected home insurance products under own brand
The decision was made after the insurtech’s successful partnership with the insurer
-
NewsSmartdriverclub’s Searles sells share in telematics broker stepping down from chief exec role
With the new acquisition as well as a vehicle tracking firm in the investors repertoire, the two could become a telematics powerhouse
-
NewsDefunct Staveley Head paid £2m dividend to parent company prior to going into administration
Staveley’s directors were also paid dividends amounting to £600,000
-
Online onlyInvestment returns boost Beazley profits amid rising claims
Insurer’s combined operating ratio rises to 100%, but chief exec Andrew Horton says a mid-90s COR is “realistic” for 2020
-
NewsLack of supply chain understanding identified as key industry risk
The insurer’s claims director says mapping out supply chains is ‘extremely difficult’ for both insurance firms and risk managers
-
NewsStaveley Head enters administration
Most staff let go as the Lloyd’s coverholder struggled to recover from the termination of its Gefion business
-
NewsLemonade expands product line to pet insurance
It hopes to make pet insurance more affordable and accessible
-
NewsTravel insurers must signpost pre-existing medical conditions, says FCA
Firms have until November to implement these rules
-
Online onlyMotor market set for challenging future amid high claims inflation – Moody’s
Increasing claims costs and falling premiums will make it hard for motor insurers to find profits
-
NewsNearly half of businesses buy policies without broker advice
Most bosses think that traditional insurance policies cover them for cyber-attacks but specialist cover is needed
-
Online onlyOgden hits van premiums
No other seismic events in the van market were seen in recent months that could have contributed to such a large rise
-
NewsMarkel awarded five stars and first place in commercial lines
The insurer revealed its win at a breakfast briefing last week for staff in all eight of its regional UK offices
