Latest News – Page 529
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AgendaMass resignations spark Marsh-Hyperion staff poaching legal battle
Court papers have been filed accusing Hyperion of co-ordinating the resignation of 47 employees to either pick up clients or force a sale of certain JLT Specialty divisions
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NewsLloyd’s raises electronic placement targets for syndicates
Syndicates are expected to place the majority of their business through an electronic placement system, with the target amount increasing up to the end of the year
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NewsLloyd’s delays launch of new modernised platform until 2020
John Neal says that the insurance industry cannot wait until 2023 for “The Future of Lloyd’s” to have an impact
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News‘Crash for cash’ scammers jailed for Markerstudy fraud
First time both fraudulent claimant and decoy driver jailed in such a case
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AgendaChubb to stop writing coal-related policies
Climate change given as the reason Chubb will no longer underwrite the construction and operation of new coal-powered plants
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IT Interview2019 eTrading Q&A: Transfer of the LV business has been a real success story for Allianz
Insurance Times speaks to Helen Bryant, director of SME & corporate partners at Allianz Insurance on the reaction to the star rating in the Insurance Times 2019 eTrading Survey
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AgendaGefion solvency ratio sinks to 105% as regulator inspection bites Danish carrier
Danish regulator orders recalculation of solvency ratio as part of ongoing inspection into the unrated insurer
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Online onlyInsurers failing customers with poor communications
New research reveals insurance industry is lagging behind other highly regulated industries when it comes to effective customer communication
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NewsRevealed: Unrated collapses spark explosion of compensation claims
The Financial Services Compensation Scheme announced the figure, which is 14 times higher than the year before, resulting from collapses of unrated companies such as Alpha and LAMP
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AgendaFSCS begins compensating LAMP policyholders
Owner of MGA with affected policyholders said he was pleased with the speed at which customers had been paid
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IT Interview“It’s simple, the customer owns the telematics data” - Insurance2025 speaker, Charles Smith
Ahead of presenting at Insurance2025, Collision Management System’s founder and CEO sat down with Insurance Times to discuss where telematics is going, the ’who owns the data’ argument, and what to expect from his presentation next week
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NewsZego reveals expansion plans following £34m funding round
It plans to develop four key areas of the business following a cash injection earlier this month
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News‘We are just at the beginning of the rise of insurtech’ - Insurance2025 speaker Ed Leon Klinger
Ahead of debating and presenting at Insurance2025, Flock chief executive, Ed Leon Klinger sat down with Insurance Times to discuss the launch of its latest product, expanding its drone offering
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AgendaRSA continues Global Risk Solutions shake-up with new chief underwriting officer
The Global Risk Solutions unit has been undergoing a raft of changes after making huge London market losses last year
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NewsInsurtech vehicle rates assessor acquired by service provider
Arbitrate’s technology will allow the provider to extend into rate assessment for credit hire and other purposes in the vehicle rental market
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NewsTrõv eyes new markets after closing UK app
Having announced its UK app will close in October, the insurtech has its eyes on new adventures
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NewsBlockchain interest sparks six senior hires at start-up
The start-up has hired a new managing director, chief technology officer, chief commercial officer and senior business analyst
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AgendaABI criticises consumer body’s ‘auto-upgrade’ rule as dual pricing solution
Recommendation from the Financial Services Consumer Panel had suggested automatically moving customers to new products
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NewsJulie Page replaces promoted Turner on the CII board
Aon UK’s chief executive joins as deputy president, while former AXA partnerships boss is promoted to president
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AgendaBroker wins help Acturis to improved results
It’s annual results revealed a record number of new broker and insurer users
