All Insurance Times articles in On-Line Archive – Page 2416
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NewsIrevolution Group builds out broker businesses with new special projects hire
The appointee brings an ‘abundance of experience’ to the role having held c-suite positions at the likes of Freedom Services Group
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NewsMCE promotes internally for new head of insurance partnerships
The appointee is ‘ready to hit the ground running’ in improving insurer relationships and broker experience
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NewsAdmiral enters pet insurance market
The launch forms a key part of the insurer’s ongoing strategy to diversify its business and respond to consumers’ needs
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NewsJensten Group buys High Wycombe-based broker and its subsidiary
The purchase represents Jensten’s fourth acquisition in a month
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NewsThunderstorms on the horizon heighten risk of flash flooding – Ecclesiastical
Insureds need to prepare for flash flooding as it can be quick and ‘hard to predict’, says risk management director
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NewsRcapital Partners targets ‘significant’ scale-up with dual business buy
Montague Investment Group has taken a minority stake in the partnership as part of the deal
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NewsCNA Hardy bags ex-Axa XL chief as new director of risks
He has also worked for the likes of EY, Accenture and Deloitte in senior roles
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NewsProbitas’ Syndicate 1492 achieves COR of 78.5% in H1 2022
The Lloyds syndicate also grew its underwriting profit by 86% from the equivalent period last year
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NewsStubben Edge Group snaps up Lloyd’s broker as it targets 1m live policies in 2022
The firm has also incorporated Guernsey-based 1Edge Insurance, with the aim of expanding the group’s capabilities for IFAs and brokers
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NewsBeazley receives ‘in principle’ approval to establish Lloyd’s Syndicate 5623
The insurer’s Smart Tracker will transition into a ‘full market-facing syndicate’ at the beginning of next year
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NewsFraudster jailed following exposure of bogus car insurance claims for collisions and theft
Discovering one instance of fraud triggered Aviva to submit another referral to the IFED, highlighting a false claim which was previously missed by the insurer
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NewsPool Re launches members consultation on suggested transition to treaty model
The reinsurer’s consultation will run until the end of October 2022
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NewsThree ‘I’s that lead to underinsurance pose ‘real reputational risk’ for insurance industry
But brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures, says commercial lines boss
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NewsThe Ardonagh Group posts 170% increase in pro forma losses for H1 2022
The group also recorded a 21% increase in its adjusted ebitda for the reporting period, reaching a figure of £186m
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NewsInsurance becoming ‘ripe target’ for UK fraudsters as attempts up by 257% – TransUnion
Phishing was deemed the most common fraud scam
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NewsE-scooter and e-bike lithium-ion battery fire claims spark losses of over half a million pounds – Axa UK
The insurer is warning commercial businesses and consumers of the risks associated with fires resulting from the electrically powered micro-mobility vehicles
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NewsEuropean windstorms caused £3,142m in insurance industry losses – Perils
The firm’s latest estimate would make the February storms the largest European windstorm loss since January 2007
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NewsInsurtech investments fall in 2022 amid Covid and cost-of-living crisis – GlobalData
The data and analytics said insurtechs will need to refocus as a result of tough economic times
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NewsLloyd’s of London sets cyber policy exclusions for state-backed attacks
Managing agents must show that exclusion clauses have been legally reviewed
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NewsCyclists could be required to purchase mandatory insurance following Transport Bill review
UK’s transport secretary implied that he is not a fan of unnecessary ‘bureaucracy’, however
