News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
News
Insurtech funding plummets in Q1 2024
’With activity up but average deal size down, investors are becoming more democratic in their funding allocations,’ says global head of insurtech
News
£2.9m currently spent on gardens ending up in ditch due to flooding
’The research clearly shows there is a job to be done to educate people about their flood risk,’ says chief executive
News
Moonrock Drone Insurance joins broker network as supplier
’Drone usage in the UK for business is booming and it is essential for brokers to be able to provide a reliable, high quality service,’ says managing director
News
UK motorists ‘stretching the truth’ to lower car insurance premiums
’Lying to secure lower insurance premiums is never a sensible idea,’ says chief executive
News
The biggest people moves this week
Insurance Times rounds up the biggest appointments from 29 April to 3 May
News
Regulatory action warning issued as motor complaints surge
’Consumer Duty means that the FCA has never been more interested in customer outcomes and this type of data,’ says co-founder
News Analysis
In Focus: What’s going on with claims service as FCA clamps down on Consumer Duty?
’There are more complaints coming in around claims,’ says director
News
Allianz Commerical appoints new mid-market client relations head
’This appointment reflects our commitment to developing and expanding our client relationship management capability, in all dimensions,’ says chief distribution officer
News
Acrisure expands Scottish footprint with broker acquisition
’The acquisition represents the formation of Acrisure’s Scotland platform and marks the beginning of our growth strategy in this region,’ says president
News
Broker launches academy to expand peer-to-peer learning
’We invite brokers to take the lead on their own learning journeys,’ says head of organisational development
News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
News
Insurtech funding plummets in Q1 2024
’With activity up but average deal size down, investors are becoming more democratic in their funding allocations,’ says global head of insurtech
News
£2.9m currently spent on gardens ending up in ditch due to flooding
’The research clearly shows there is a job to be done to educate people about their flood risk,’ says chief executive
News
Moonrock Drone Insurance joins broker network as supplier
’Drone usage in the UK for business is booming and it is essential for brokers to be able to provide a reliable, high quality service,’ says managing director
News
UK motorists ‘stretching the truth’ to lower car insurance premiums
’Lying to secure lower insurance premiums is never a sensible idea,’ says chief executive
News
Insurtech startup launches AI solution for brokers
’We’re currently on a mission to rid the world of time-consuming, boring repetitive tasks,’ says founder
News
Van insurance premiums rise – but rate of increase is slowing
’The recent two quarters movements suggest that the rate of inflation is showing signs of slowing,’ says senior insight analyst
News Analysis
Insurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
Sponsored Content
Q&A: RSA talks ‘breaking barriers’ around eTrading complex SME risks
Sponsored content: Mark Brinksman, senior product and channel leader at RSA, explores how RSA has improved its eTrading capability by empowering brokers to handle larger risks online
News
Arch Insurance International announces new chief claims officer
’Over the past decade, she has played an integral role in elevating Arch’s claims performance,’ says deputy chief executive
News
DLG announces major leadership changes
’The new appointments I’m announcing today will be central to delivering our strategy to transform the group,’ says chief executive
News
Extinction Rebellion and Just Stop Oil target multiple insurance offices
’We are demanding that these companies immediately announce that they will not underwrite any of the new fossil projects and infrastructure,’ says spokesperson
News
Ecclesiastical snaps up Aviva leader for underwriting role
’He has a vast amount of experience in the UK property market and will undoubtedly bolster our efforts,’ says underwriting director
News
IUA among organisations to slam FCA’s ‘name and shame’ plans
’Early disclosure of unverified facts and negative media coverage could create a prejudicial environment with guilt presumed,’ says director
News Analysis
Briefing: Biba Conference likely to see technology top the agenda
As the UK government stands firm against IoT hacking threats, brokers must prepare for requests for new data and different questions from insurers adapting to accommodate emerging technology risks
News
Insurance Times launches hybrid working survey in partnership with Vermelo RPO
The new survey seeks to investigate how hybrid and flexible working policies are affecting the insurance sector’s war for talent and hiring practices
News
The biggest people moves this week
Insurance Times rounds up the biggest appointments from 29 April to 3 May
News
Regulatory action warning issued as motor complaints surge
’Consumer Duty means that the FCA has never been more interested in customer outcomes and this type of data,’ says co-founder
News Analysis
In Focus: What’s going on with claims service as FCA clamps down on Consumer Duty?
’There are more complaints coming in around claims,’ says director
News
Allianz Commerical appoints new mid-market client relations head
’This appointment reflects our commitment to developing and expanding our client relationship management capability, in all dimensions,’ says chief distribution officer
News
Acrisure expands Scottish footprint with broker acquisition
’The acquisition represents the formation of Acrisure’s Scotland platform and marks the beginning of our growth strategy in this region,’ says president
Oke Eleazu: Addressing the diversity and inclusion dilemma in insurance
’Insurance has a double whammy – firstly it’s not attracting enough people of colour and so by definition there’s a struggle with leadership levels,’ says co-founder and chief executive
Matt Hicks: Addressing underinsurance via digital transformation
’We’re not trying to disintermediate the broker in anyway, we’re trying to enable them by licensing them via a technology platform,’ says chief commercial officer
Graham Hawkins: The unintended environmental consequences of ‘green’ initiatives
’Just because something is green, [this] does not mean it is not going to pose a risk to the environment if it goes wrong,’ says associate director and head of environmental
News Analysis
Steve Bashford: Arch’s strategy is bringing ‘London expertise to the regions’
’Our message is that we deal with brokers the way they want – we’re not going to force anybody to take an optimised trading route irrespective of premium size,’ says chief executive for UK regions
IT Interview
Oke Eleazu: Addressing the diversity and inclusion dilemma in insurance
’Insurance has a double whammy – firstly it’s not attracting enough people of colour and so by definition there’s a struggle with leadership levels,’ says co-founder and chief executive
IT Interview
Matt Hicks: Addressing underinsurance via digital transformation
’We’re not trying to disintermediate the broker in anyway, we’re trying to enable them by licensing them via a technology platform,’ says chief commercial officer
The biggest people moves this week
Insurance Times rounds up the biggest appointments from 29 April to 3 May
UK motorists ‘stretching the truth’ to lower car insurance premiums
’Lying to secure lower insurance premiums is never a sensible idea,’ says chief executive
Beazley grows IWP by 7% in Q1 2024
The growth came despite a reduction in cyber risks IWP compared to last year
London looking positive but ‘this is no time for complacency’
Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
In Focus: What’s going on with claims service as FCA clamps down on Consumer Duty?
’There are more complaints coming in around claims,’ says director
Insurance Times launches hybrid working survey in partnership with Vermelo RPO
The new survey seeks to investigate how hybrid and flexible working policies are affecting the insurance sector’s war for talent and hiring practices
Acrisure expands Scottish footprint with broker acquisition
’The acquisition represents the formation of Acrisure’s Scotland platform and marks the beginning of our growth strategy in this region,’ says president
Insurance sector in race against time to tackle rising storm challenges
Delegates attending a recent Insurance Times and ICEYE roundtable explained that the increased frequency of storms was stretching the industry’s resources to the limit
Insurtech funding plummets in Q1 2024
’With activity up but average deal size down, investors are becoming more democratic in their funding allocations,’ says global head of insurtech
Allianz to enhance fraud prevention as scammers turn to AI and deep fakes
’We remain committed to combatting fraud,’ says director
PeppercornAI raises more than £3m to develop AI platform
’Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies,’ says chief executive
Broker launches academy to expand peer-to-peer learning
’We invite brokers to take the lead on their own learning journeys,’ says head of organisational development
£2.9m currently spent on gardens ending up in ditch due to flooding
’The research clearly shows there is a job to be done to educate people about their flood risk,’ says chief executive
Insurtech funding plummets in Q1 2024
’With activity up but average deal size down, investors are becoming more democratic in their funding allocations,’ says global head of insurtech
Headline results released for Insurance Times’ 2024 Five Star Rating Report: Commercial and Personal Lines
More than 800 UKGI brokers have been rating commercial and personal lines insurers for the report
Spotlite Claims Q&A: AI a ‘learning curve’ for insurers in entertainment industry
’The use of new and emerging technologies is creating a new set of potential risks,’ says director
Q&A: MPR says ‘nothing has changed in our approach, attitude and commitment’
MPR managing director Neil McCarthy tells Insurance Times head of research Savan Shah what it feels like scoring five stars in this year’s MGA survey for the fourth year in a row
Watch: Relive the 2023 Insurance Times Awards
In December, over 1,000 insurance professionals gathered to discover who would be taking home an award at this year’s Insurance Times Awards
Insurance Times Awards 2023 in pictures
The photos are in for last week’s Insurance Times Awards 2023, can you spot yourself?
Why Aviva, Arch and Ageas were named insurers of the year
After being crowned as market-leading insurers at this year’s Insurance Times Awards, Insurance DataLab explores the figures behind the trio’s successes in 2023
Revealed: Who won at the Insurance Times Awards 2023?
With gold, silver and bronze awards across 36 categories, the winners from last night’s Insurance Times Awards have now been revealed.
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