All Insurance Times articles in On-Line Archive – Page 2299
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NewsMarkerstudy Group reveals £200m investment
Markerstudy Group will use this investment to deliver a sustainable growth programme through a combination of organic and acquisition-led expansion
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NewsLloyd’s broker unveils new EU-based broking business
The broker’s European arm has also appointed a new chief executive
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NewsHousehold winter claims could top £3bn as extreme weather events rise – Policy Expert
The home insurer and insurtech is warning policyholders to make sure they have adequate insurance
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NewsHowden Group records 6% organic growth in year to September 2020
Chief executive believes ‘the opportunities that lie ahead for Howden Group are extraordinary’
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NewsArch inks deal with insurtech Concirrus
Arch will be using the insurtech’s intelligence platform which can provide advanced premium forecasting
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FeaturesBriefing: Has the drive for transparency come too late to repair reputational damage?
Discussions around greater transparency in policy wordings and clarifying coverage have become a top priority following the FCA’s business interruption test case – is this a ‘better late than never’ scenario or has the hit to the sector’s reputation crippled any chance of forging customer trust?
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NewsInsurers inadvertently fueling ransomware rise, warns former national cyber security chief
Insurers are covering ransom payments, which in turn helps the proliferation of cyber crime, says former NCSC chief
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NewsSoaring professional indemnity insurance premiums ‘unsustainable’ for surveyors
There is also a lack of PII insurers in the market which is an additional strain on premiums and makes it more difficult for surveyors to get the cover they need
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Sponsored ContentThree ways insurers can thrive in 2021 – ABBYY
“Unprecedented” is hands-down the word of 2020, Eileen Potter, solution marketing manager, insurance at ABBYY tells Insurance Times why
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NewsQ Underwriting secures capacity to launch new property and package division
A new property owners product will be available for broker partners from February
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NewsTrõv partners with NIG underwritten electric car rental service for London fleet proposition
The partnership will see the two firms manage risk more effectively for electric cars
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NewsAllianz Partners teams up with Irish insurtech for post-pandemic travel insurance platform roll out
The platform aims to settle travel insurance claims faster
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NewsAon and Willis Towers Watson confirm leadership team for combined business
Aon’s Greg Case will remain as chief executive officer following the acquisition, spearheading the company’s new ‘one firm’ ethos
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NewsFCA fair pricing report will ‘reduce profitability’ for insurers – Fitch Ratings
Furthermore, the home insurance market will be more affected than motor insurance as around ‘80% of premiums comes from renewal business’
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FeaturesLondon Market is ‘less competitive than it should be’ – Founder Shield
New York-based broker says the London Market ‘is showing a lack of agility’ and that ‘fewer opportunities will come’ to the capital unless it starts ‘taking more bets with slightly longer odds’
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NewsGovernment launches consultation to amend Flood Re scheme
Under the proposals, claims payouts will include additional funds to help policyholders ‘build back better’ following flood damage
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NewsIrish regulator fines commercial retail broker €41,385 for overcharging customers
The broker’s fine also covers the fact that it issued unclear communications regarding fees
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News2021 set to be ‘less profitable’ year for insurers – Fitch Ratings
Credit ratings agency identifies the key factors that are contributing to market outlooks in the UK
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NewsCovid recession could lead to direct claims against insurers under Third Parties Act
Law firm solicitor emphasises that ‘there is potential for increased claims’ against insurers if their policyholders become insolvent




























