Financial – Page 6
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NewsNew commercial insurance broker launches with backing from TBIG
’I still had a burning desire inside to setup and run another insurance brokerage,’ says founder
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NewsBig technology players to keep insurance industry ‘on toes’ in 2024
’These companies will not let a rounding error correction prevent them from increasing their insurance offering,’ says markets director
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NewsLV=Broker to rebrand as Allianz expands presence in UK motor and home markets
The business has started communicating to its brokers about the move
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NewsAverage cost of UK motor premiums soar to just under £1,000
’The cost of car insurance spiralled in 2023 primarily due to the soaring price of used cars,’ says UK head
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News AnalysisAI tipped as ‘next growth area’ despite lack of broker investment
Cost was listed at the ’biggest barrier’ for brokers in terms of technology adoption says senior director in customer experience
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IT InterviewQ&A: Camberford’s broker partners should expect ‘exciting developments’ in 2024
Barry Driscoll, chief trading officer at Brown and Brown Europe, talks to Insurance Times following the release of the Five Star Rating Report –MGA Market 2023/24
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NewsHyperexponential secures more than £50m in series B funding round
’The insurance industry is at the forefront of a rapidly changing world and must find ways to understand and respond to that change in risk profile.’ says chief executive and cofounder
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NewsMotor premium inflation slows in Q4 2023 despite some brands escalating prices ‘at much higher level’ than average
’The anticipated decline in motor insurance pricing seems to have been reached,’ says director
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NewsBridgehaven and Avid team up to bolster property excess of loss solutions
’We pride ourselves on producing bespoke, quality insurance solutions for our clients,’ says managing director
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NewsABI issues statement as insurers prepare for Storm Henk claims
’Their priority right now is to help any affected customers recover as quickly as possible,’ says adviser
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NewsSRIS launches new private client arm
’Our experienced team offer a concierge-led service across a range of products for HNW individuals and families,’ says new website
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NewsReinsurer behaviour towards UK motor market ‘mixed’ at 1 January renewals
’The reinsurance cost per car on the road has increased,’ says broker
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News AnalysisBriefing: 1 January 2024 renewals evidence of the end of the world’s ‘holiday from history’
’The higher costs of goods and capital, civil unrest, deglobalisation and heightened security threats have ended the world’s holiday from history,’ says new report
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NewsInsurance bosses optimistic about Q1 2024 growth despite seeing inflation as ‘biggest challenge’
’With interest rates set to stay high in a bid to tackle persistent inflation, it will be interesting to see what impact this has on sector confidence,’ says UK head
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IT InterviewColm Holmes: Brokers will see ‘fruits of our new strategy’
The Allianz chief executive talks exciting plans for the new year
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News1 January 2024 reinsurance renewals ‘relatively stable’ as market conditions improve
’The reinsurance market has stabilised after last year’s exceptionally challenging renewal,’ says chief executive
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NewsAon agrees mega-£10.6bn deal to acquire NFP from Ardonagh stakeholders MDP and HPS
’The acquisition will advance our relevance to clients, create opportunities for our colleagues and further strengthen our shared cultural values,’ says chief executive officer
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News AnalysisOpinion: Onto the next one
Acting editor Yiannis Kotoulas takes stock of the past year
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IT Awards 2023Watch: Ageas UK’s Ant Middle welcomes Insurance Times Award
’This is brilliant recognition particiularly because it’s voted for by brokers’, says UK chief executive
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News AnalysisJon Dye: Hiscox’s broker partners ‘absolutely front and centre’ to growth ambitions
The Hiscox UK chief executive speaks to Insurance Times about his journey into the role and his plans for the insurer
