Latest News – Page 59
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NewsNew MGA using AI-enhanced algorithmic underwriting launches
’The London market is not broken. It needs a steady hand to implement new technologies, such as AI, to enhance the way insurance operates,’ says chief executive
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NewsAllianz Commercial announces two UK leadership appointments
’These appointments are part of our UK strategy, aimed at cementing Allianz Commercial in the UK market,’ says managing director
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NewsMGA apologises after becoming aware of ‘wholly inappropriate and offensive’ internal email
’We are treating this with urgency and have launched an internal investigation to understand how this occurred,’ says spokesperson
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NewsJMG Group achieves milestone as it acquires London-based broker
’Becoming part of the JMG Group allows us to grow with the support of a like-minded business that genuinely cares about its people, clients and future,’ says managing director
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NewsAcorn Group extends telematics insurtech partnership with new three-year deal
’As a specialist, non-standard insurance provider offering motor policies for new drivers, it is vital that we have the greatest depth of intelligence in driver behaviour to manage our loss ratios,’ says head
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NewsNew property facility aims to combat commercial underinsurance crisis
‘Our proposition has been designed in collaboration with global insurers, existing clients and trusted professional advisers to the real estate sector,’ says managing director
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NewsClose Brothers to exit some broker relationships in retreat from personal lines
’While personal lines has played an important role in our retail offering for many decades, the market environment has changed,’ says provider
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NewsInsurance Times editor Katie Scott named Biba journalist of the year
’Throughout the judging process, she scored highly across the board and the judges were unanimous in their praise,’ says chief executive
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NewsMarkel launches pre-loss services for UK cyber clients
’At Markel, we feel we’re uniquely positioned as a business because we’re going behind risk transfer solutions by offering these additional pre-loss services to help clients manage their cyber risk,’ says director
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NewsPets at Home set to launch own insurance proposition
‘Our vision is on track to build the world’s best pet care platform,’ says retailer
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NewsFall in pet insurance premiums begins to accelerate
‘With average prices now 2.6% lower than a year ago, it’s clear that market conditions are shifting,’ says product manager
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NewsPremFina overhauls leadership as it targets 85% growth and broker expansion
‘By bringing our teams closer together and removing traditional silos, we’re positioned to grow faster, innovate more effectively and deliver an exceptional service to our partners,’ says chief executive
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NewsWillis launches new $200m facility to tackle geopolitical uncertainty for cargo owners
‘This innovative solution is the first that offers a clear, comprehensive approach to cover, offering the maximum certainty exactly when it’s needed and when the worst happens,’ says chief executive
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NewsUS insurance platform launches new underwriting arm to expand UK and Europe services
’Our extraordinary leadership team combines strong technical knowledge and deep distribution expertise to deliver outstanding product agility,’ says chief executive
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NewsEmbedded propositions provider secures £12m in funding round
’This funding represents an endorsement of our vision, as we aim to accelerate UK and European growth,’ says chief executive
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NewsWTW hires new senior director for ICT business
’The opportunity to collaborate with our regional teams to support clients in addressing their changing risk exposures and optimise their capital position makes this is an exciting time to join WTW,’ says appointee
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NewsSMEs warned of ‘serious consequences’ if not prepared for cyber attacks
‘Their lack of cyber resilience can have serious consequences, not only for their own organisations, but also for their supply chains,’ says head of cyber
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NewsUS-based distributor agrees to acquire $1.3bn GWP Lloyd’s insurer
’As our first investment outside of North America, this marks an exciting and significant milestone in our company’s evolution,’ says chief executive
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NewsMGAs drive innovation in the insurance sector – FCA’s Matt Brewis
There has ’been a real growth in the MGA sector compared to general carriers and brokers,’ says FCA’s insurance director
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NewsIUA backs FCA’s ‘proportionate’ plans to simplify conduct rules
‘This latest consultation is another important step towards a more proportionate approach to regulating our sector,’ says senior public policy executive
