All Insurance Times articles in On-Line Archive – Page 2579
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News AnalysisUptick in fraudulent tinnitus claims is ‘an inherent, major issue’ for motor insurers
With tinnitus injuries attracting anything up to £90,000 in claim payouts, squashing fraud in this area is vitally important in protecting both policyholder and insurer purse strings
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NewsHowden announces acquisition of broker
’We are perfectly positioned to meet growing demand,’ says managing director
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NewsSandwich shop offering ‘seagull insurance’ due to thieving birds
Co-owner says that seagulls can take food from up to 30 people a day
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NewsSpecialist MGA announces two senior hires
The roles will ensure the MGA ’remains the most robust of underwriting agencies for carriers’, says managing director
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NewsRecord £1.4bn in property claims paid out in Q2 2024
’Our latest figures demonstrate the devastating impact that adverse weather can have,’ says policy adviser
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NewsHiscox goes live with AI proposition for brokers
’We can deliver tangible benefits for customers, while freeing up our underwriters from manual tasks,’ says chief executive
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NewsWiser Academy announces new senior appointment
’I am thrilled to have been appointed at a time when we are aligning our focus towards a period of significant growth,’ says appointee
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NewsCytora inks partnership with AI due diligence firm
’This collaboration strengthens our ongoing efforts to provide insurers with the most advanced solutions,’ says chief operating officer
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NewsLondon insurers facing large claims bill after Taylor Swift concerts cancelled
Around 195,000 fans were due to attend
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NewsCatch up on insurers’ 2024 half-year financial results
UKGI insurers are releasing their trading updates with details on their half-year financial results for 2024. Here’s Insurance Times’ roundup of all the stories you need to keep abreast of the latest figures…
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NewsRegsearch rebrands AI proposition
The new name ’conveys the role of AI in risk and regulatory compliance tasks, tying directly to the Regsearch brand and enhancing our recognition and authority in the industry,’ says chief executive
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IT InterviewNick Turner: Circular economy approach could reduce cost and carbon footprint of claims
Nick Turner, head of surveying at loss adjusting firm Woodgate and Clark, explores how the insurance market can better manage claims costs while also supporting greater sustainability by embracing the concept of the circular economy
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NewsPartners& makes acquisition to help expand proposition into underwriting
’Our key strategic goal is to build out our proposition in the market,’ says chief executive
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News AnalysisInsurers see ‘wide variety’ of claims reaching ‘hundreds of thousands of pounds’ linked to UK riots
However, insured losses should prove ’manageable for British insurance companies’ thanks to the Riot Compensation Act 2016, says managing director
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NewsMcLarens reports 300% rise in suspected fake document use in Q1 2023
’Fakes are becoming more sophisticated and easier to come by,’ says head of investigation
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NewsChubb announces trio of senior promotions
’The strength of Chubb’s finance organisation is evident in the three seasoned executives who are stepping into new roles,’ says chief financial officer
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NewsInsurance Times Awards entry deadline extended to 16 August
Market participants can win prizes across 31 categories at December’s luxurious awards evening
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NewsAllianz UK ‘widening distribution footprint’ for smaller brokers
’We are making a lot of investment in the front end of our business,’ says chief executive
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News AnalysisRise in litigation funding puts insurers on high alert
Litigation funding has the potential to ‘drive bad claims further than they should go’, warns law firm partner
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NewsAviva’s UK&I GI business boosts operating profit as GWP rises
’This is an excellent set of results, with continued double digit growth across both personal and commercial lines,’ says chief executive
