Latest News – Page 519
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AgendaSeptember 2019 issue
In this month’s edition: Construction PI crisis; telematics broking under pressure; what happened to Lloyd’s underpriced business?
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NewsCII launches ‘ethical culture’ SME framework
The report advocates that insurance is about trust, something that must be worked at on an ongoing basis
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NewsInsurers predicted to take major premium hit from automated vehicles
As much as 60% of motor premiums could be lost, report suggests
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Breaking NewsAviva appoints new chief operating officer from rival Zurich
Appointment sees current group chief operations and IT officer Nick Amin move on to support Aviva’s strategic review work in Asia
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AgendaGoldman Sachs completes Aston Lark deal
Initial private equity owner Bowmark Capital also reinvests in Aston Lark
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AgendaEthos-owned Finch completes eighth acquisition in ‘biggest deal to date’
Finch Group’s first acquisition of this year is also described as its largest to date
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AgendaTrade body to drive insurtech recruitment through partnership
IDEX Consulting will work with Insurtech UK to drive more numbers into the country’s insurance start-ups
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AgendaArgo syndicate to exit most hull business amid ‘unsustainable’ combined ratios
Syndicate 1200 also set to stop underwriting operations in Asia
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AgendaEcclesiastical rings senior management changes at Ansvar
Appointments made for MD and newly created Ansvar UK executive chairman roles
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AgendaDAS UK signs deal to cover customers of lettings disruptor
A new automated claims process has been built which will communicate with landlords
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AgendaKennedys hires four partners across professional liability practice
Hires are across firm’s offices in London, Birmingham and Taunton
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AgendaInvestment house takes minority stake in Carrot owner
Telematics group promises investment in the development of new products and services with funds
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AgendaWatchstone counterclaim accuses Slater & Gordon of using ‘illicit back channel’ in £637m acquisition
Slater & Gordon has since 2017 been claiming against Watchstone to recoup the whole £637m it paid for the group’s professional services division in 2015
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NewsAllianz posts improved fraud savings for H1 2019
Allianz’s fraud manager, James Burge hails a “fantastic result” after bringing the application and claims fraud teams together
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AgendaBrightside places medical reporting business into run-off
Costs of placing the business into run-off takes Brightside to a pre-tax loss of £10.3m for 2018
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AgendaCounty Group hires new commercial MD
New hire has held senior roles at Giles, Alec Finch and JLT
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NewsTesla launches insurance product
The electric vehicle mammoth launched the product yesterday in California
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NewsFCA warns of Close Brothers clone
The regulator has warned of a clone charading as the premium finance provider
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NewsHuman error accounts for 75% of cyber claims this year
CFC Underwriting is releasing monthly anonymous cases studies on cyber claims in a bid to raise awareness
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NewsAdapt or die: how to survive in the insurtech jungle
Insurance Times spoke to industry experts to investigate why some insurtechs go bust
