All NEW Insurers articles
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Latest News
AXA reports 3% drop in gross revenue for UK and Ireland in 2020
The insurer has also sought to minimise future exposure to Covid-19 claims by using exclusions within its business interruption and event cancellation policies
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IT Interview
Hiscox attributes five-star personal lines rating to ‘strong and very competitive’ products
The insurer’s distribution director adds that the firm ‘won’t rest on our laurels’ and that customer service will continue to be a focal point
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Latest News
Aviva to exit Turkey
The transaction is expected to complete this year, but is subject to closing conditions and regulatory approval
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Latest News
Ageas UK records 2% drop in gross income for 2020
Chief executive says the business has ‘a solid foundation on which to build’ for this year
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Latest News
Control systems are in cyber criminals’ crosshairs, warns report
The London market has been warned it needs to better understand the rising threat of cyber attacks to industrial and manufacturing facilities, as criminals switch their focus to find new ways to extort and disrupt businesses
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Latest News
Aviva approves €3.2bn sale of its French business
Aviva’s capital and liquidity has been strengthened with an increase in excess capital of around £2.1bn
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Latest News
Insurer to access UBI market with My Policy investment
Nationally, mileage declined by 63% during 2020’s first lockdown, according to My Policy’s analysis
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News Analysis
Allianz Holdings describes communication with brokers as ‘great success over 2020’
Chief executive says virtual methods have allowed the insurer to stay in touch with brokers ‘to a greater extent’
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News Analysis
L&G acquisition offers ‘really good opportunities for future growth’ says LV=GI boss
Plus, the FCA’s proposed changes around pricing will mark ‘a significant change event’ for personal lines insurers says LV=GI chief executive
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Latest News
ABI members predicted to pay £2.5bn for Covid-19 claims incurred in 2020
The ABI’s director general believes the industry needs ‘to learn lessons from this unprecedented event’
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Latest News
LV=GI confirms 300 redundancies following staff consultation
The redundancies are part of LV=GI’s broader restructuring plans, which aim to integrate L G General Insurance into the business
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Features
Allianz Insurance exposed to BI claims through broker wordings
Chief executive adds that the insurer has seen 3,000 new business interruption claims following the Supreme Court’s judgment in January
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Latest News
Allianz Insurance sees 5.6% drop in GWP due to Covid-19 impact
The insurer says the total impact of coronavirus-related business interruption claims is £175m, net of reinsurance
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Latest News
Arch Managing Agency confirms new managing director
The new hire, who has more than 20 years of industry experience, will provide ‘robust management oversight’ says Arch Insurance International chief executive
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IT Investigates
The Insurance Times 2021 Etrading Survey is now open
The 2021 Insurance Times Etrading Survey is now open to brokers. Etrading has become even more important in the wake of the Covid-19 pandemic, so it’s time to share your views on your etrading experiences over the last 12 months
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Latest News
Underwriting training simulator created for Hiscox
There is a shortage of skilled underwriters in the sector, according to Hiscox - the simulator will address the skills gap
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Features
Briefing: The Covid-19 pandemic ‘has become far less of an acceptable excuse for poor service’
While the industry debates service standards during the reign of Covid-19, Insurance Times editor advocates embracing the ‘new normal’ rather than longing for pre-pandemic days
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Latest News
Aviva reportedly in talks to sell its operations amid Italy sale
The insurer confirmed that it was “exploring options”
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Features
Firms exposed to underinsurance as reputation becomes ‘massively growing risk issue’
Reputation-related insurance products are expected to become a ‘staple’ within the next five years as this risk becomes a rising agenda item for businesses
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Latest News
Accidental damage accounts for 48% of all new claims – LV= General Insurance
The insurer links this claim trend to the increase in home working and schooling, with drinks being spilled on technology such as laptops