Latest News – Page 509
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NewsInsurance industry unites to raise funds and awareness for dementia campaign
The Insurance Day of Giving, spearheaded by The Alzheimer’s Society and the insurance sector, takes place today.
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NewsBusiness secretary slams Thomas Cook for personal injury insurance oversight
Thomas Cook self-insured the majority of personal injury claims, meaning those with serious injuries or loss of life are now treated as “unsecured creditors”
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NewsBarbon Insurance Group and Let Alliance complete merger
The combined business aims to offer protection and ancillary services to letting agents and landlords.
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NewsAXA reports 3% improvement in European revenue to reach €27bn
The multinational insurer additionally noted group-wide gains in its property and casualty portfolio within the first nine months of 2019.
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NewsRSA reports boost in underwriting profit despite financial market challenges
The London-based insurer shows improvements across its weather, large loss, attritional loss and controllable expense ratios for the past nine months.
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News'Don't foist LiP portal on the public until its ready', warns Minster Law chief executive
Despite approving of small personal injury claims being moved online, Shirley Woolham insists that customers’ interests must be at the centre of the new platform.
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NewsSolve culture crisis or face sanctions, insurers told
Insurers and brokers told they have to create an internal culture in which staff feel safe and secure to report wrongdoing
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NewsBiba heralds success of signposting service as 700,000 older users to date
More older people are seeking help with motor and travel insurance as a result of cross-industry signposting scheme.
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News AnalysisInsurers warned they face threat of regulatory reserving probes
PRA warns of pressure on management to deliver results ahead of adequate reserving
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NewsRoad Runner launches new digital platform for brokers
The portal aims to strip back labour intensive processes for both brokers and their clients
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NewsIndustry needs to work to eradicate credit hire hikes
Head of the Credit Hire Organisation told Insurance Times that collaboration between credit hire firms and insurers has never been closer.
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Online onlyRevealed: The property types insurers find hardest to price
Research reveals older properties have the biggest range of premiums
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NewsInsurer will take time over UK property and casualty exit
MS Amlin previously said it was withdrawing from nine classes of business.
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Online onlyWant to make more money out of schemes? Index reveals most profitable lines
Public liability insurance offers highest renewal commission. Meanwhile, cyber is up and coming as a product bringing good profits to brokers, but more needs to be done to improve understanding
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NewsAtradius appoints David Capdevila as chief executive from 2020
Capdevila to replace Isidoro Unda, who is leaving the business after 12 years.
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NewsAmazon set to shake up insurance models with in-house health benefits
The online retailer trials new Amazon Care package, accessible only for those enrolled in Amazon’s internal health insurance, for Seattle-based staff.
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Online onlyHSBC to ‘redefine’ insurance with Pick n Mix subscription service
HSBC claims the customer is changing and so must their service
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NewsInsurance-related accident repair costs rise by 4% in first half of 2019
Automotive industry research finds that average car repair costs rocket to £1,919 for all makes and models.
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NewsMarkel adds freelance and contractor broker to its portfolio
The SME specialist gains Manchester-based business insurance broker.
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NewsHiscox reports retail premium growth as rates remain flat
Retail performanced helped reduce the impact of a series of major claims during the last quarter
