All Insurance Times articles in On-Line Archive – Page 2407
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NewsArdonagh’s Geo Underwriting buys loss recovery MGA
Broker-backed MGA is ’excited to support’ the growth of its newly purchased firm amid plans to extend ’product distribution even more widely’
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NewsLaw firm merger completes and creates ’biggest casualty practice in the UK’
The deal is important because ’size matters’ for end-to-end client support, says law firm partner
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NewsPWC names high expense ratios as the biggest driver for technology transformation in London market
Only 19% of respondents said that aligning their technology strategies with Lloyd’s Blueprint Two was ‘very important’
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AnalysisBriefing: MGAs still bullish as capacity crunch bites
Tentative insurers are keeping capacity close to home, but relearning to share the pen with MGAs could answer brokers’ prayers in providing innovative propositions for evolving client risks
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NewsFraudulent car insurance fronting grows by 170% between March and May 2022 - LV= GI
To avoid any legal trouble, brokers should help parents understand how to reduce their children’s motor premiums
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NewsLloyd’s of London’s blueprints risk failure as tangible output is lacking – Altus
Lloyd’s is ’at risk of becoming far less relevant in five years’ and losing its competitive edge unless it takes practical steps now, advises consultancy firm
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NewsMP and economic secretary to the Treasury John Glen resigns
Financial services sector representative says he has a ’complete lack of confidence’ in the prime minister
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NewsTwo-day FCA staff strike postponed as further talks get under way
The regulator says it is looking ’forward to an open conversation’ with employees about union representation
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NewsUK heatwave will cause increase in glass claims – Auto Windscreens
’Tracking weather and forecasting peaks and troughs is vital’ for insurers, says commercial and sales director
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AnalysisInterest rate rises fail to deter lenders from broking investments
Despite being viewed as ‘neither very hot nor very unpopular’ by private equity firms, the broking community is still ‘the darling of the financial services sector’ when it comes to M&A, say experts
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NewsBiba’s increased membership pushes 2021 turnover up by 19%
The trade body’s ethos of being ’knowledgeable, approachable and passionate about brokers’ remains unchanged
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AnalysisBriefing: Commercial lines digitalisation now ‘accelerating’ after slow start
Easy to digest personal lines data led to this part of the market taking the lead when it came to digital transformation. However, industry commentators tell me that commercial lines is now quickly playing catch up
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NewsBoris Johnson resigns as Tory leader
He intends to remain in his position as prime minister until a replacement is elected in an upcoming leadership contest, however
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NewsComing months will pose ‘further challenges’ for the insurance sector – GlobalData
Global public insurance firms saw a “revival” in revenue in 2021 that almost hit pre-pandemic levels
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NewsBishopsgate aspires for ‘leader’ status with new head of claims hire
The appointee brings over 30 years of insurance industry knowledge to the team
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NewsInsurers approximately £1.44bn out of pocket due to vehicle thefts – CMA
The ‘lack of data is disguising the true, frankly embarrassing, scale of the UK’s vehicle crime problem’, says managing director and former police detective
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NewsLloyd’s Europe snaps up Ageas veteran as chief underwriting officer
The new hire joined Ageas in 2015 and brings more than 18 years of insurance experience to the role
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NewsRevealed: Insurance Times’ Technology and Innovation Awards 2022 Finalists
Winners to be revealed at an in-person ceremony at the Royal Lancaster hotel in London
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NewsFCA’s new chair revealed
The new hire will ‘bring much needed pragmatism to the FCA board from his experience of running a major regulator’, says law firm partner
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NewsMotor premiums see 7.8% increase during first five months of 2022 – Consumer Intelligence
Telematics products, meanwhile, have fallen in popularity as insurers plot their new pricing strategies
