All News articles – Page 11
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Latest NewsAgeas 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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Commercial insurance pricing up by 44% in UK – Marsh
Global commercial insurance pricing was also up by 22% in Q4 2020
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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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Aston Lark expands construction offering with new industry buys
Group chief executive says the firm’s latest purchases will help it continue to ‘grow in construction insurance’
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FCA issues new guidance for the treatment of vulnerable customers
The regulator has put forward this guidance to generate consistency in the treatment of vulnerable customers
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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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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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Data holds a ‘huge opportunity’ for the insurance industry – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Allianz’s Chris Wyard discusses the pros and cons of decision trees
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Premium Credit to offer payment options for supplementary FSCS levy
Insurance firms typically have 30 days to pay up on supplementary levy charges
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Specialist Risk Group promotes internally for group deputy chief executive role
The business aims to bolster its senior leadership team in preparation for growth
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LMG begins hunt for chief executive as Lebecq departs
The organisation that was created to provide single voice for the London market is looking for a new chief executive
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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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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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Aston Lark reveals two new acquisitions
The two acquisitions bring 30,000 policyholders into the Aston Lark Group and over £50m in annual premiums
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Technology will continue to drive M&A – Clyde and Co
The law firm says that technology will continue to be a key feature of deals in the coming year
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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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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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Rock Insurance Group reveals new underwriting agency
The underwriting agency looks forward to building successful broker partnerships
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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
