All Insurance Times articles in On-Line Archive – Page 2276
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NewsEcclesiastical committed to improving claims handling following Independent Inquiry
The insurer has responded to the Independent Inquiry of Child Sexual Abuse (IICSA) that slammed Ecclesiastical for not providing complete evidence
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NewsInsurtech Superscript becomes a registered Lloyd’s broker
The move follows the insurtech registering as a Lloyd’s coverholder in 2019
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NewsBirrell Group buys commercial broker in second acquisition this month
The purchase signals Birrell Group’s ambition to ‘build out our Midlands footprint’ since becoming GRP’s regional hub
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NewsA-Plan snaps up telematics broker, with more acquisitions in the pipeline
A-Plan Group has made its first purchase since announcing its takeover by Hyperion
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NewsCII appoints Aon UK chief executive as new president
At the professional body’s annual general meeting today, the CII also confirmed a new deputy president
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NewsInsurers need to ‘get to grips’ with timber to progress construction’s net zero targets
Brokers can play a key role as educators to support the construction sector to use more timber in a bid to reduce carbon emissions
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News AnalysisBriefing: Covid-19 is making things complicated for personal lines insurers
Consumers are craving simple products in the wake of the Covid-19 pandemic, but at the same time they want products that are adjustable and tailored to their needs. This means insurers need to find the right balance when designing their products, but that is easier said than done By insight ...
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NewsFlood Re’s credit rating upgraded
Credit rating agency maintains that the reinsurer’s ability to handle large claims warranted an upgrade
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NewsABI’s Huw Evans says BI test case appeal is ‘unsurprising’
The association’s director general believes the resulting judgment ‘could impact insurance for the next decade’
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IT InterviewGeobear – the tech firm cutting the insurance industry’s subsidence claims costs by 20%
Subsidence claims are lengthy and expensive to solve, however Geobear is working with the insurance industry to reduce costs and cut claims down time by 70%
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NewsInsurance industry ‘needs to step up its efforts’ around diversity and inclusion
At the ABI’s first virtual diversity summit event, industry professionals and allies took on difficult conversations around black inclusion, highlighting what the insurance sector is doing to increase diversity
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NewsOpportunity for specific Covid-19 cover as SMEs fear business losses says data analytics firm
Commercial insurers may be affected as business owners could have a reduced budget for insurance if they are struggling for custom amid coronavirus recession
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NewsMost insurance CFOs planning to automate 5-20% of finance controls – EY
Automating financial controls could save insurers money and make room for more complex tasks, says EY
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NewsInsurance industry takes ‘more holistic view’ to preservation of the building versus life
Using timber within construction is a greener solution for the environment, despite it being combustible and - in turn - higher risk. However, since the insurance industry is now taking a ’more holistic view’, should it also start thinking ‘out of the box’ to address these risks?
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NewsAirmic’s chief exec to step down
The leader has been at Airmic for a total of eight years after starting out in a position on its board; a successor will take over as chief executive in 2021
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NewsBusiness growth remains top priority for insurance CFOs despite pandemic – EY
The pandemic has made business planning ’more important than ever before’ for insurance CFOs
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NewsGovernment calls for evidence in Pool Re review
It will run for six weeks, ending on 22 November 2020
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Breaking NewsStructural defects insurer enters administration as FSCS steps in to save policyholders
Buildings guarantee insurer has been struggling with the volume of high-value claims in recent months
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NewsCovid-19 to drive Lloyd's workplace innovation - John Neal
Neal said that Lloyd’s transformation is about reducing cost of doing business
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NewsReturning to profitability is key concern for aviation insurers – Gallagher
The aviation market was already hardening, and the pandemic has caused further complications
