Latest News – Page 498
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NewsFCA and Bank of England to develop data strategies
The data-driven approach could include the implementation of digital regulatory reporting
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NewsAustralian bushfire blaze losses stand at $700m so far
Sedgwick said that bushfires of this magnitude will have a “significant and long-term” impact on the insurance industry
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NewsPool Re updates terrorism cover to improve accessibility for UK firms
The reinsurer hopes the changes will lead to more resilient businesses
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NewsLiP portal to enter next stage of testing this month
The MIB confirms that feedback so far has been ‘very positive’
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NewsLondon speciality MGA to woo regional brokers with Manchester opening
It has also hired two new construction underwriters who have substantial experience in the industry
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Online onlySunderland AFC insurance broker owner to sell up amid fan backlash
The situation is further complicated by a £9m loan from a group of US investors
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NewsFinch Group acquires Richmond-based independent broker
The purchase marks the firm’s 10th acquisition in three years
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Online onlyFCA in strongest warning yet to insurance bosses over bad behaviour
It could mean that the FCA could withdraw or not give approval status to senior bosses that fail to control rogue behaviour
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NewsAFG places Neon Underwriting into run-off
The insurer plans to exit the Lloyd’s of London market this year
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Online only5G the biggest technological change for insurers – IUA
New technology will create new exposures and risks for insurers to manage
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NewsSedgwick working with Insurance Council of Australia amid bushfires
It will deploy teams to assess the damage when it is safe to proceed
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NewsCFC offers SMEs excess cyber capacity of up to £10m
The new product aims to protect smaller businesses against multiple cyber events
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NewsAmanda Blanc to play ‘instrumental role’ as she joins Laka board
The insurtech hopes to expand globally with her expertise
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NewsOpioid addiction among legacy claims set to soar in 2020
It could take $17bn and 30 years to cure the opioid addiction completely
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NewsInsurance Ireland appoints new chief executive
Moyagh Murdock will take up the mantle at the end of March this year
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NewsTysers’s parent company acquires specialist Lloyd’s broker
The transaction sees the combined business reach $3bn of insurance premium
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NewsBollington completes acquisition of North West-based broker
The latest acquisition moves Bollington closer to its £170m GWP target
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FeaturesClaims culture hampers Irish sports clubs from obtaining public liability cover
But legal reforms in Ireland could be the answer for struggling sporting facilities
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NewsLockyers makes first acquisition as an Ethos Broking Partner
The broker’s founders will remain with the business
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NewsGallagher becomes preferred broker for Greater Manchester councils
The broker wins a four-year appointment to work with 10 local boroughs
