People Moves – Page 91
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Online only‘I was so worn down’ - a first-hand account of racism and sexism in the broking industry
Several sexism and racism scandals have blighted the insurance industry over the years. The Black Lives Matter protests have invigorated the ongoing debate over diversity in the sector, but how much has really changed and how far is left to go, before we can say real progress has been made? ...
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NewsMark Cliff appointed chairman of MGA Avid
The former Brightside chief executive takes up his new role immediately
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IT InterviewAmbiguity in BI policy wordings is ‘natural’ following ‘black swan’ Covid outbreak
Accenture’s managing director for general insurance believes now is the time ‘to do a more holistic and proactive review’ of insurance contracts to remove ambiguities surrounding potential ‘black swan’ events
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NewsERS appoints new chairman to succeed Amanda Blanc
As Amanda Blanc was appointed as chief executive of Aviva, ERS has now appointed a new chairman to succeed her
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News AnalysisSabre reveals new chairman
The new chairman will replace Patrick Snowball who is stepping down from his role at the beginning of September
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NewsLancashire broker joins Ethos Broking
The new addition plans to use Ethos Broking’s resources to aid its growth plans
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IT InterviewInsurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer
Although many organisations had a form of business interruption insurance within their commercial cover prior to the Covid-19 pandemic, FloodFlash co-founder Adam Rimmer tells Insurance Times how a parametric insurance model would have been the better option for this type of insurance, as ’there’s no small print for the insurer ...
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Online onlyGRP appoints broking veteran to lead its southern hubs
The new regional managing director for the south ‘lives and breathes’ broking, GRP said
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NewsBollington buys Bolton-based broker
The move is designed to strengthen Bollington’s corporate offering, as well as its overall market presence
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IT InterviewZurich takes ‘track record of claims payment seriously’ as H1 earnings suffer Covid-19 hit
The insurer’s UK chief executive confirmed that its general insurance arm saw a £140m impact on earnings as a result of the coronavirus pandemic
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IT InterviewFCA’s test case has overshadowed insurers’ efforts during Covid-19 pandemic says ABI
The trade association’s director general accepts ‘that reputationally this has been a very difficult few months for the industry’ in light of the FCA’s test case against insurers around the clarity of business interruption policy wordings
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IT InterviewABI’s Huw Evans says ‘unpopular’ stance around BI Covid claims was the right call
He adds that the trade body was ‘right to be very open with people’ in order to mitigate ‘a false expectation that they may be covered’
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NewsMarsh appoints new UK placement leader for specialty business
The internally promoted candidate will begin in the role from Q4 this year
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NewsRSA to slash 300 jobs as part of cost-cutting drive
Jobs cuts are part of a range of measures the insurer is proposing to improve efficiency
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NewsTrade union slams Co-op Insurance for 'betrayal' in selling to Markerstudy
The proposed sale of Co-op Insurance is expected to result in 200 job losses
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NewsFSCS exceeds 2022 board representation target
The FSCS also has 40% of employees that come from ethnically diverse backgrounds in addition to exceeding its gender target
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NewsPIB Group snaps up Leeds-based transport broker
The broker continues to build its niche offering with this latest acquisition
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NewsGuy Carpenter bolsters executive committee with three new members
The executive roles being filled include the newly created position of global head of distribution
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NewsDARAG Group appoints new group head of claims from Tokio Marine Kiln
The new hire will start with the firm from 17 August
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NewsClose Brothers chief exec Sharon Bishop steps down
Sharon Bishop is stepping down as chief executive of Close Brothers Premium Finance after seven years in the role, and 17 years overall at the firm.
