All Online only articles – Page 51
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Online onlyAviva to invest millions in tech start-up enabler
Aviva is to invest millions of pounds in Founders Factory, a technology incubator, to forge a new wave of financial service start-ups, Sky News reports. The deal, due to be announced today, will make Founders Factory an exclusive services partner with Aviva. Ben Hoberman, who set ...
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Online onlyVideo: David Ross, Adrian Colosso, Jaime Swindle and more at Biba 2016
Insurance Times’s Martin Kornacki and Ben Dyson catch up with key industry figures in a set of exclusive video interviews from Biba 2016. Towergate chief executive David Ross: “The swagger is quietly stirring and I am happy where we are at right now.” Video: ...
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Online onlyCarol Brady: No quick fix for CMCs
There is no “quick fix” for the increased regulation of claims management companies (CMCs), warns Carol Brady, who led the government’s recent review into the industry. Speaking at the Insurance Times Fraud Charter, Brady, a non-executive member of the Claims Management Regulation Board and chair of ...
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Online onlyThe ITEX View: How brokers can succeed in the digital age
Embracing new technology can represent a real opportunity for brokers to add value, ITEX chairman Nigel Norman says
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Online onlyAXA and Ageas only insurers to make 2015 underwriting profits
AXA and Ageas were the only two carriers to make an underwriting profit in commerical lines in 2015. That is the results from a study of the PRA Returns of Aviva, RSA, Allianz, AXA, Ageas, DLG and LV=. Their collective premium fell a massive 19% ...
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Online onlyUK commercial lines market shrinks 19% in 2015
The main players in the UK’s commercial lines market had their premium shrink by a massive 19% last year, according to Insurance Times analysis of PRA Returns. The collective premium of Aviva, RSA, Allianz, AXA, Ageas, Direct Line Group and LV= fell from £5.5bn to ...
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Online onlyPRA Returns: Ageas top commercial liability performer
Ageas reported a highly profitable COR of 79.2% for its liability book after reserve releases added 17.1 points. Direct Line Group was the only other insurer analysed to report a 2015 underwriting profit for its commercial liability book with significant reserve releases knocking 46.6 percentage points ...
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Online onlyAgeas was top commercial liability insurer in 2015
Ageas reported a highly profitable COR of 79.2% for its liability book in 2015, after reserve releases added 17.1 points. Direct Line Group was the only other insurer analysed to report a 2015 underwriting profit for its commercial liability book with significant reserve releases knocking 46.6 ...
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Online onlyMay 2016 issue
Cover story: Commercial lines profitability continues to elude UK’s top insurers
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Online onlyAdmiral guns for China with price comparison site entry
Admiral aims to crack the Chinese insurance market with a price comparison site entry. The Cardiff-based insurer has a price comparison partnership with Spanish insurance giant Mapfre. And founder Henry Engelhardt and incoming chief executive David Stevens believe now is the right time to gun for ...
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Online onlyPRA Returns: AXA only insurer to make commercial property underwriting profit
Insurance Times can today reveal the first results of its investigation into the underwriting performance of insurers in 2015. Starting today, Insurance Times will reveal the results of its investigation into the commercial PRA Returns for seven insurers - Aviva, RSA, Allianz, AXA, Ageas, DLG ...
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Online onlyIDC 2016: British Gas’s Hive can cut claims 25% and up renewals 15%
British Gas’s Hive smart device can cut home insurance claims by 25% and boost renewals by 15%, according to director of connected homes at British Gas, Kassir Hussain. Hussain said British Gas can do this through installing its Hive device in customers’ homes. Hive is a ...
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Online onlyID 2016: Space a big insurance opportunity – Virgin visionary
Insuring spacecraft and objects in space is going to become big business and a huge opportunity for insurers, says former Virgin Galactic President Will Whitehorn. Key Points Ex-Virgin Galactic President says there will be a boom in insurance for space objects Cost of ...
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Online only‘We’re too busy to innovate’ – survey
Brokers and insurers lack time, resources and the right culture to innovate effectively, survey finds. But many are starting to look outside the industry for what they need
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Online onlyHiscox poaches UK finance chief from Pru
Hiscox has landed a recruitment coup by poaching Prudential’s UK and European financial officer. Hiscox has landed Hamayou Akbar Hussain, known as Aki, to head up its finance. Hussain will lead the and development of the financial team and oversee the insurer’s investments. Bronek Masojada, chief ...
