All articles by Yiannis Kotoulas – Page 27
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NewsMPs take aim at insurance sector in Building Safety Bill debate
One MP suggested that the insurance sector could be forced to pay for building remediation via new legislation
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NewsSpecialist insurer Beazley predicts business risks to increase for Summer 2022
Business leaders are facing the ‘stiffest test in a generation’, says chief executive
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IT InterviewRichard Coleman: Charitable ownership ensures ‘high standards’ at Ecclesiastical
UKGI managing director tells Insurance Times how having a charitable purpose ‘brings out the best in us’ as the insurer eyes growth in ‘areas where we have pretty low market penetration’
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NewsNew OIC data could spell ‘significant number of claims’ for insurers
The data also raises ‘additional concerns’, says Carpenters Group director
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NewsSpace insurance blasting off
New data shows continued growth and opportunities for the UK’s space insurance sector
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NewsNew insurance scheme launched for talking professionals
The scheme aims to ‘streamline’ several profession specific risks
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NewsLatest OIC portal data shows claims being made through the system are still ‘very low’
The number of unrepresented claims running through the portal also remain low
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NewsFCA launches three-year plan centred around customer outcomes
Chief executive says the regulator will now focus on ‘results’ rather than ‘processes’
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NewsResidents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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NewsCredit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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NewsChanging ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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NewsJensten Group enacts ‘transformation programme’ in preparation for further growth
By streamlining the organisation, newly acquired businesses can be ’neatly dropped’ into the group, says chief executive
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NewsBLM agrees merger with Clyde and Co
The two insurance focused law firms have voted to combine and create ‘the leading law firm for the insurance sector’
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NewsCircular supply chains will create ‘new risks’
These new risks present an opportunity for the insurance sector, however
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NewsEx-Pool Re boss joins Guy Carpenter
He will join the reinsurance broker in a newly created role
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NewsReich Insurance named in Parliament as MPs call for FCA regulation on commission fees
It follows the broker being hit with a forced commission disclosure order
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NewsMercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
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NewsSaga’s retail broking arm reports 3% GWP dip for 2021
Chief executive says Saga’s insurance business delivered a ‘robust performance’ in the last year
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NewsThe Ardonagh Group reports adjusted ebitda growth of 42.4% for 2021
The broker’s income also reached £945.8m last year
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NewsSabre records small GWP decrease for 2021 amid ‘high levels of claims inflation’
The insurer’s COR also saw a slight raise last year, albeit within its targeted range
