Insurer News – Page 6
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Zurich platform update compliant with EU AI regulation
The insurer has approximately 800 external users on its platform
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Ageas abandons DLG pursuit after two proposals rejected
’I am convinced that, given the circumstances, we took the right decision not to make an offer,’ says chief executive
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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Ecclesiastical reports 2023 COR rise despite GWP increase
’We move into 2024 with renewed ambition and drive to grow the business,’ says chief executive
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Fraudster who made £75,000 worth of travel claims caught after LV checks
’Travel insurance is intended to be a reassuring safety net should the worst happen, not a means of personal financial gain,’ says detective constable
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Winslow outlines DLG’s cost cutting plan and addresses questions about jobs
’We are not immune to any of the wider technology and digitisation forces that every industry is needing to address and face into,’ says chief executive
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Aviva increases direct home cover limits
’We can offer more comprehensive protection for their homes and possessions,’ says head
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Generative AI can make embedded insurance ‘more productive’ – Ericson Chan
’The future is going to get a lot faster and more productive in an exponential way,’ says group chief information and digital officer
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New DLG boss Winslow makes first comments on Ageas proposal
Ageas has sent two acquisition proposals to DLG, which were both rejected
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DLG making significant cost cuts after recording operating loss of nearly £200m
’We need to do more to drive performance,’ says chief executive
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Sabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
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Health and safety surpasses cyber as top risk for D&Os
’It was a surprise to see health and safety be considered the top risk,’ says head of global
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MS Amlin announces new chief underwriting officer
’I look forward to working closely with him as we build on our best underwriting performance in a decade,’ says chief executive
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Quantee inks partnership to help insurers navigate changing market conditions
’Insurers and MGAs need every tool at their disposal in order to gain that edge,’ says sales director
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FCA business plan focuses in on Consumer Duty implementation
’We remain resolute in supporting the vital role the financial sector plays in the UK’s long-term economic growth,’ says regulator’s chief executive
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UK SMEs are leaving themselves open to cyber threats – Cowbell
’Our research indicates some serious gaps in knowledge, leaving businesses highly exposed,’ says broker specialist
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Sabre posts COR of 86.3% for 2023
’The 2023 results demonstrate the strength of Sabre’s model with our disciplined approach,’ says chief executive
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CFC announces entry into carbon insurance market
The insurance provider has entered the market with the launch of a carbon delivery insurance policy
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DLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
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HSB announces new MD for warranty and building control division
’He brings a wealth of experience across a number of specialty insurance sectors,’ says chief executive