All articles by Yiannis Kotoulas – Page 9
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News
UK government sets out final reform plan for Solvency II
The chancellor has confirmed that the risk margin for general insurance businesses will be lowered by 30%
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Amazon’s online insurance store – what does it mean for the industry?
The FCA has already taken note of the potential for big tech players to disrupt the insurance market
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JM Glendinning launches community risk division
The new division will be managed by a newly appointed managing director with multiple years of experience in the niche sector
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Consumer Intelligence launches daily insurance price benchmarking for home and motor
The new platform will provide real time metrics on price movements and competitiveness, says the market intelligence firm
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New capital ‘lining up’ to support MGAs – Conning
Private equity investment also continues to be strong, says director of insurance research
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Gap insurance increasingly valuable for motor insureds – Intelligent Motoring
Average value of gap insurance claims rises by 24% this year
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Forum of Insurance Lawyers elects DWF Law partner as new president
The new appointee said she would continue to support the insurance industry on ‘pressing issues’
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Three additional insurers commit to Flood Re’s Build Back Better scheme
More insurers will come on board in the next six months, says chief executive
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Beazley posts GWP of £3.4bn for first nine months of 2022
The specialist insurer’s cyber line also saw GWP growth of 66%
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Cadbury owner settles legal battle with Zurich over $100m NotPetya cyber claim
The debate around state-backed cyber attacks has progressed due to the Russia-Ukraine conflict, highlighting the need for ‘proper’ cyber cover
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Backchat November 2022
Editorial’s croquet skills, a passion for ballroom dancing and dressing up for charity. What has the insurance industry been up to of late? You heard it here first…
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News Analysis
In Focus: MGAs are undoubtedly ‘the sexy side of insurance’ - but what is driving their increasing relevance?
The advantages that MGAs can provide to the insurance sector in a rapidly changing world could help the industry stay relevant
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Insurers may be ‘forced to scale back services’ as BoE hikes interest rates
Warnings of a long recession also sent the pound into a downward spiral, further piling pressure on insurer’s finances
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Gallagher continues push into Ireland with broker acquisition
The firm will also rebrand a previous acquisition to launch the Gallagher brand in Ireland
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Servca acquires healthcare specialist Lloyd’s broker
The acquisition will allow the firm to bolster its expertise in medical lines
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MGAs partner to offer scheme for landlords and retailers
The partnership will also offer emergency assistance cover to residential property owners
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SRG appoints new retail managing director
The appointee serves as an investment in the firm’s growth, says statement
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Broker CEO Forum: ‘Difficult to manage’ economic turmoil will last until 2024 – RSM
However, opportunities exist for the insurance sector during difficult times, says economist
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News Analysis
In Focus: How can MGAs entice insurers to provide capacity amid challenging market conditions?
Three industry experts discuss how MGAs can make themselves as attractive as possible to capacity providers amid hard market indicators