Financial – Page 9
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NewsInsly scoops £1.5m in venture debt funding to scale up
’Insly’s readiness for debt financing signifies a major financial milestone,’ says chief executive
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News‘Exceptional’ property market boosts Beazley’s premiums in 2023
’We have taken advantage of the opportunities in the property market this year,’ says chief executive
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NewsDLG more than doubles motor GWP in space of quarter
’We believe we are writing profitably,’ says acting chief executive
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NewsInsurers warned of ‘subdued’ demand for home and motor policies
’It is essential that firms keep a careful eye on balance sheets,’ says UK insurance leader
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NewsInsurance update issued as Luton Airport confirms car park will be demolished after fire
’It is reassuring to note that the vast majority of insurance claims have been settled,’ says operations director
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News AnalysisEarnings from broker schemes rise as hard market cycle persists
Insurance Times picks out the best and worst performing lines from data provided by schemes software provider SchemeServe
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NewsMovo Partnership steams ahead of 2023 GWP target
‘I never fail to be impressed by the entrepreneurial gusto of independent brokers,’ says managing director
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NewsCowbell ‘deepens focus’ on US and UK SME markets with new investment
‘This milestone is a testament to our expertise, culture, and market leadership’, says founder
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NewsRSA Insurance expands Profin offering with D&C product
’Our professional indemnity strategy focus is growth through a balanced mix of existing and new professions,’ says UK head of PI
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NewsSimply Business signs data deal to bolster decision making
’Efficiency and accuracy are key when securing small business cover,’ says UK chief executive
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NewsTop insurers in UKGI revealed
‘In such a tough market, we’re delighted to recognise these top achievers,’ says cofounder
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NewsTrade credit insurance payouts surge in H1 2023
The rise reflects ’the continued challenging trading environment faced by many UK firms’, says ABI
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NewsEuropean insurance group given approval to underwrite specialty lines business in UK
’With the UK branch, we are further diversifying our business mix,’ says chief executive
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NewsGallagher reveals growth across UK divisions in Q3 2023 update
’We are in fantastic shape for our busy last quarter of the year,’ says chief executive
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NewsPricing cycle driving adverse selection of risk for underwriters – Earnix
’We are seeing inflation abate, but frankly not quite as fast as many would like and then on top of that, rising interest rates,’ says chief executive
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NewsCost of insuring EVs ‘a lot’ higher than for ICE vehicles
’There are plenty of good reasons why EV insurance coverage is higher,’ says motor insurance expert
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NewsAviva launches new cyber cover for micro-SMEs
’Brokers will play a critical role in helping micro-SMEs build their cyber resilience,’ says head of cyber
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NewsIFB issues travellers warning amid fraud concerns
’Any fictitious or exaggerated expenses for what otherwise would have been a genuine claim is still fraud,’ says director
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NewsAllianz Commercial expands digital offering to bolster eTrading for brokers
’We’ve been investing heavily in our eTrading capabilities,’ says director of digital trading
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NewsABI issues Luton Airport fire update as insurers contact customers ‘as quickly as possible’
’Insurers continue to do all they can to help their customers,’ says association
