Latest News – Page 491
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News
AXA Partners enters utilities market with ScottishPower
AXA will deliver home emergency cover to ScottishPower customers through the deal
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Brokers rate Five Star Hiscox as best at claims
It’s a new initiative that replaces the former ranking system, allowing brokers to score insurers out of five stars
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Exclusive: Covéa Insurance joins Smartdriverclub's panel
It follows the broker expanding its underwriting proposition to the younger driver market
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Scor initiates criminal proceedings against Covéa
The announcement comes the same day Covéa revealed it is withdrawing its interest in Scor, slashing the reinsurer’s share price
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Allianz sees increased fraud savings for 2018
Allianz finds a new threat where detection was up 61% from the year before
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Jacqueline McNamee's MGA goes live with underwriting platform
Ex-AIG boss McNamee’s new MGA C-Quence has launched its underwriting platform
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AXA XL agrees global partnership with Guidewire
Having been partnered in North America, AXA XL will now extend the arrangement to the insurer’s underwriters globally
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Allianz taps AI in new digital proposition
The technology is set to cut the time taken in claims handling
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Former Thatcham chief executive Peter Shaw passes away
Peter has been praised for his charisma and the strong legacy he left at Thatcham
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Ecclesiastical rolls out LeakBot trials with brokers
The industry pays out around £1.8m each day to help homeowners cope with the misery of burst pipes
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BGL creates 40 new jobs through £3m investment
The new jobs will be based out of a new tech hub in Sunderland
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AXA’s three new AI bots to save 18,000 man-hours a year
Several other insurers also use AI bots including Zurich
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Commercial motor head Jon Dye leaves Allianz for QBE
Dye leaves for QBE after 14 years at Allianz
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Exclusive: Honcho to start beta testing in February
Its panel will include 10-15 brokers, insurers and MGAs
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Aviva duo reported front runners to be new CEO
The reported frontrunners to replace Mark Wilson have been revealed
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Repair costs rise by a third... and are going to keep rising
Trend Tracker report predicts that repair costs will continue to increase over the next five years
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Mactavish launches cyber initiative to overcome mis-selling
It follows the firm recently identifying the seven major flaws in cyber insurance
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Be Wiser takes a range of business actions to help target upturn in 2019
The broker recorded a pre-tax loss of £2.2m for the year ending May 2018, but chairman Mark Bower-Dyke says the business is now back on track
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Insurers rejoice as Britain signs 'pragmatic' free trade deal with Switzerland
The deal, signed by Philip Hammond and Ueli Maurer, will allow insurers to trade freely between the two countries after Brexit
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Premium Credit announces new non-executive director
Premium Credit promotes from within for the appointment