Latest News – Page 522
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AgendaUK market hardening picks up pace in second quarter
Marsh figures show the rate of UK commercial price rises was up significantly for Q2 2019 and above the global average
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Online onlyAA reveals strong motor insurance growth with Qatar Re-backed MGA
AA enjoys continued strong growth
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NewsABI calls for cyber breach data to be publicly available as claims payout rates hit 99%
The request follows recent high-profile cases like the Marriott hotel and British Airways (BA) data breach
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NewsHastings shares plunge as claims inflation hits profits
Ogden rate change added to company’s poor results
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NewsZurich UK CEO focuses on ‘continued acceleration’ after profits soar
Zurich UK GI posts operating profit increase of 144%, with Tulsi Naidu seeing “3 years of hard work paying off”
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AgendaDigital integration costs drag on Aviva’s UK GI result
COR deteriorates slightly for UK GI as it starts to act out efficiency drives directed by group chief executive Maurice Tulloch
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NewsGallagher on how to keep a happy and stable workforce
Gallagher report aims to help employers make informed decisions about benefit plans and programmes to retain talent
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NewsBrolly launches new Hiscox-backed flexible contents product
Brolly founder and chief executive, Phoebe Hugh calls it “the most exciting insurance product launched for a long time”
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NewsMcNamee’s insurtech MGA expands proposition with new D&O policy
The new updates coincide with the firm’s philosophy of making the broker’s life easier
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NewsFraudster sentenced after lying about losing partner’s engagement ring
The fraudster was caught sending a text to a friend, admitting his plan to exploit the insurer
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AgendaOgden boosts Ageas to 70% profit increase
Ageas one of the few insurers to benefit from the Ogden rate change after holding firm on reserving estimates
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NewsAXA Partners and GoCompare team up on motor proposition
Arrangement could ease financial pressures of making a claim
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AgendaAIG pulls public liability cover for Irish hotels
AIG to renew existing hotel customers this year, but not in 2020
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NewsGuidewire hires new chief executive
The appointment sees Marcus Ryu, its chief executive of 18 years, become chairman of the firm’s board of directors
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NewsOgden hits LV= but operating profit is up by half
£13m Ogden rate hit puts underwriting profit lower than last year but Steve Treloar hails six months of solid growth elsewhere
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NewsArdonagh signs IT provision deal with cloud specialist
The IT provider which specialises in “cloud and cognitive services” will provide a range of services to Ardonagh businesses
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Online onlyInsurance crisis risking many sports across Ireland - report
Large payouts have led Irish insurers to flee certain sports
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FeaturesJailed claims handler defrauded employer for £390k to fund cocaine addiction
The handler has been jailed for two years and worked for a major insurer at its complex claims offices in Fenchurch Street
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NewsERS slips to unprofitable COR as it reshuffles exec team
ERS blames Ogden as combined operating ratio slips to over 100%
