All Insurance Times articles in On-Line Archive – Page 2261
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NewsBrit bottom line hurt by Covid-19 claims payouts
The insurer’s combined ratio went into negative territory in the first half of the year
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Online onlyGallagher posts ‘excellent’ results and eyes UK M&A
The broker’s bottom line was helped by a tightening of expenditure
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Online only‘We need to take out more cost’ - RSA boss Hester on UK
RSA chief executive Stephen Hester today said more costs need to be taken out of the UK. The firm will build on the program launched at the end of last year.
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NewsDigital momentum here to stay post lockdown
Move to digital seen a gradual process rather than a rush
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NewsClaims Excellence Awards Finalist 2020 Q&A: Digi2L’s claims portal redefines process
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October and further details will be announced shortly
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NewsCrisis management - new Ageas chief exec Ant Middle reflects on the challenges to come
Insurer boss insists he’s ‘loving’ the role, despite taking over at a time of crisis for the industry
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NewsArtificial intelligence will need regulatory governance for use in insurance processes
Panellists at an Insurance Times webinar highlighted that although artificial intelligence and machine learning will increase within the insurance sector, there will need to be governance introduced around it to ensure ‘the machines know what they’re doing’
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NewsHiscox ups Covid reserving in face of ‘largest insured loss in history’
Hiscox revised its reserving upwards alongside taking into account potential business interruption payouts; the insurer believes its exposure to Covid-related BI claims could be between £10m and £250m
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Online only‘Do the right thing’ - Handbag maker boss in Covid legal fight with Aviva
Handbag maker joins legal action group
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NewsAston Lark snaps up employee benefits broker
The acquisition boosts the brokers employer benefits offering
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NewsLV= launches monthly car insurance subscription
The online only product is the first under LV=’s new ‘Flow’ brand
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Online onlyHiscox hints at appeal should FCA test case go against it
The company is one of many inurers battling policyholders who want a pandemic-related business interruption payout
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NewsHow parametric insurance could serve SMEs in a post-pandemic world
Parametric insurance could help avoid a re-run of the Covid-19 business interruption saga, as the pandemic exposes real holes in the insurance market
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NewsPen Underwriting secures capacity deal to write 20% more premium for solicitors’ PI
The £100m deal started on 1 August
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NewsAviation, tourism, oil and energy sectors face the biggest Covid-19 risks say insurers
A survey conducted by Gallagher highlighted the insurance portfolios that underwriters are most concerned about
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NewsGuy Carpenter bolsters executive committee with three new members
The executive roles being filled include the newly created position of global head of distribution
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NewsAvalanche of illicit post-lockdown claims coming - fraud bosses
There has been a lull in the volumes of certain types of traditional fraudulent claims during the lockdown period
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NewsGRP buys renewal rights for seven books of business from Aon
The portfolios, which includes Aon’s Northern Ireland book, will be controlled by GRP’s hub brokers
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NewsPIB Group snaps up Leeds-based transport broker
The broker continues to build its niche offering with this latest acquisition
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NewsInsurers must ‘do more’ to support UK motorists driving less post-lockdown
Cheaper car insurance premiums ranked top in By Miles’s research as a way that insurers can support policyholders who are driving less - this helps continue the low carbon emissions seen during lockdown
