Government launches £40m self-driving commercial vehicle competition
88% of road collisions caused by human error, according to the transport minister
Esure Group nominates new independent non-executive director
The appointee will be ‘invaluable’ as the firm advances towards becoming a ‘world-class digital insurer’, says group chair
LIIBA campaign set to raise London market’s diversity and inclusion
Creating an inclusive culture is one of LIIBAs strategic objectives
Lloyd’s of London names its official investment platform operator
The platform allows different capital providers in the Lloyd’s market to co-invest in tailored funds
Gove welcomes FCA findings on buildings insurance market
The secretary of state is also ‘keen to review’ the insurance industry’s role in contributing to ‘high premiums’ for leaseholders
Anti-fraud focused OIC portal amendments are vital for the future
The current portal’s set up is a ‘fraudsters’ paradise’, says Carpenters Group director
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Post-pandemic sees increased appetite for legal protection cover amid inflation – Arag
The cost of the living crisis is gripping the economy, meaning inflation is higher than it’s been in more than 30 years, Andy Talbot, head of sales at Arag, highlights the ’cost of doing business crisis’ facing firms in a post-pandemic world
GS Group makes fresh acquisition to bolster Tayside presence
The Brokerbility broker will strengthen its position in Scotland with the purchase
Australian insurance firm buys Tysers for £500m
Broker chief executive describes new owner as ‘perfect partner’ to ‘support our growth ambitions’
Seventeen Group purchases Devon-based broker
The move will complement the group’s presence in the Southwest
Aston Lark buys Manchester-based broking group in 50th acquisition
The pair share the same fundamental values, says group chief executive
MGAs
Yonatan Hatzor: The parametric MGA focused ‘on a big problem and not a solution’
Fresh from success at Lloyd’s Lab, the MGA has ambitions to provide ‘a more holistic solution to cover any type of downtime’, says chief executive
Specialist insurer launches bespoke scheme for sports sector via new partnership
The partnership will provide flexibility to cover sector-specific risks, says director
UK’s retail and industrial sectors face biggest flooding risk – FloodFlash
FloodFlash’s chief science officer says that floods in Northwich and London are ’a pertinent reminder of the ongoing threat from extreme weather’
Previsico and UK-based MGA ink partnership to boost flood resilience
The latest partnership aims to support SMEs to better protect their business using flood resilience measures
Ex-Aviva chief financial officer moves to Zurich
She has also previously held several senior roles at AIG
Aviva reports 5% general insurance GWP uptick for 2022’s first quarter
But the insurer’s UK COR for general insurance has worsened by 7.3 percentage points year-on-year
Aviva’s Blanc calls out industry sexism
The insurance giant chief executive was the target of “inappropriate” comments at last week’s AGM
Natural catastrophe claims knock Q1 P&C operating profit for Allianz Group
Chief executive states that the insurer’s ‘results demonstrate that our business can withstand significant geopolitical and economic pressures’
Suppliers
Simon McGinn: Succeeding in ESG means more than ‘just insuring the vegan cafes in log cabins’
Helping brokers to implement their own sustainable business practices would empower them to advise their clients effectively, said the chief executive
Brokers set for starring role in future of personal lines
An expert panel at Biba’s 2022 conference discussed the future of personal lines insurance and how brokers can play an important part
Broadway’s chief executive named Biba regional committee chairman
Lloyd-John says his election is an “honour”
New CRU data confirms continued decline in motor claims
Numbers for motor injury claims are at ‘historic lows’, says ACSO executive
Aviva inks deal with Tractable to ‘overhaul’ UK motor claims accuracy
The deal also supports Aviva’s net zero 2040 target
Storm Arwen winds sweep up over £80m worth of claims – NFU Mutual
Insurers across the board are expected to experience a total loss of up to £300m
New OIC data could spell ‘significant number of claims’ for insurers
The data also raises ‘additional concerns’, says Carpenters Group director
PIB buys Spanish specialist broker
The purchase represents a continuation of the firm’s strategy to turn towards European M&A