Latest News – Page 84
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NewsHeightened geopolitical tensions pose risks to insurance sector – Broadstone
’Insurers should not underestimate the potential knock-on impact on their businesses,’ says head of London markets
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NewsUK premium hikes surge past Europe to ‘indicate a crisis’ – Bloomberg Intelligence
’Europe-wide price increases have diverged,’ says senior insurance industry analyst
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NewsClimate change ‘is happening now’ and there must ‘be a focus on resilience’
Webinar panellists concur that insurance should be the last line of defence for risk managers seeking to mitigate the threats posed by climate change
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NewsRecovery costs of cyber attacks outpacing insurance – Sophos
’While cyber insurance is beneficial for companies, it is just one part of an effective risk mitigation strategy,” says global director
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NewsBroker’s space practice blasts off from launchpad as dedicated London team created
’Launching a dedicated team in London has long been an aspiration contingent on us finding the right team,’ says chief executive
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NewsMarkerstudy and Atlanta mega-merger completes
’I am hugely energised to start our journey to create a major new player in the UK insurance landscape,’ says founder and chief executive
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NewsMGA snaps up Axa director for chief executive role
’Together, we will continue to deliver outstanding products and services to the global insurance market,’ says new appointee
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NewsInsurtech enters trade credit market with policy launch
’We’re looking forward to working closely alongside both new and existing broker partners to discover opportunities to expand the market,’ says chief underwriting officer
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NewsAventum makes final recruitment push for record-breaking charity cycle event
Insurance Times will be a media partner for the event, which also aims to raise £50,000 for Cancer Research
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NewsMS Amlin launches paid carer’s leave to support work life balance
’We aim to alleviate some of the strain on working carers and foster an inclusive working environment,’ says chief people officer
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News‘Many firms need to make improvements’ as FCA publishes Consumer Duty outcomes review
Few firms had been able to provide clear evidence of where monitoring outcomes had led directly to action around improving these outcomes
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NewsGlobal cyber insurance market predicted to reach £23bn GWP by 2027 – Morningstar DBRS
Credit ratings agency predicts that ‘technological advancements, changes in the regulatory landscape and the advent of innovative insurance products will shape the trajectory of the cyber insurance market’
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NewsInsurtech UK publishes pre-general election policy roadmap
’As we look ahead to a new government forming as soon as next week, now is the time to show the strength of our dynamic insurtech sector,’ says chief executive
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NewsMore brokers looking to support charities and communities
Brokers seek connections with local charities in order to give back to customers, improve their reputation and support talent attraction and retention, finds insurer research
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NewsAviva detected 39% surge in claim fraud across 2023
Motor injury claims accounted for 35% of all bogus claims, with the number of fraudulent injury claims declined for suspected fraud growing by 19%
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NewsNearly half of cyber professionals do not have the budget for adequate protection – Coalition
’The message coming across loud and clear is that the UK cyber insurance industry has to be better at engaging with clients,’ says UK head of insurance
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NewsInsurer hires ex-Axa XL broker manager for distribution role
’His experience, acumen and understanding of the market, combined with outstanding leadership skills, will help us drive momentum across Sompo’s business,’ says chief executive
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NewsSRG acquires schemes broker in first move following new investment
’Together, we are well-positioned to further support clients across the globe,’ says director
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NewsBroker CFO steps up to chief executive
’In a crowded market, our way of working gives us points of difference against our peers,’ says new chief executive
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NewsLMA strengthens market strategy with new appointments
’The new members bring a wealth of experience and commitment,’ says chief executive
