Insurer News – Page 7
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Insurance bosses optimistic about Q2 2024 growth
’The start of the year saw renewed growth for the economy,’ says head
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Cats knocking over TV among thousands of pet claims received by Aviva
’Our four-legged friends can inadvertently cause damage to our homes,’ says director
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Zurich ‘well-positioned’ with launch of updated AI platform
’AI brings tremendous opportunities to improve the ways we work,’ says chief information and digital officer
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Open Insurance to bolster embedded efforts following So-Sure acquisition
Co-founder says Open is looking to ’deliver market-leading embedded insurance in the UK’
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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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‘Strong demand’ for green bonds despite fears investment opportunities will narrow
’Insurers increasingly need support in identifying investment opportunities,’ says managing director
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Australian insurance firm expands into UK with MGA acquisition
’This acquisition is a key step in our strategy to expand our global footprint,’ says chief executive
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Axa Commercial launches directory to help brokers navigate niche schemes market
’We are very hopeful that the schemes specialists directory will be a real asset,’ says director of schemes and delegated authorities
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Q&A: Markel to make eTrading ‘more influential in some specialist lines in coming years’
John Dawson, broker sales director at Markel UK, discusses the insurer’s plans for developing its eTrading platform
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Insurers exiting high-risk areas as climate losses surge
’Increased frequency of climatic events has exposed insurers to more risk,’ says analyst
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Markel announces new head of bloodstock for London market
’His promotion to this leadership role reflects our long-term outlook for equine and livestock at Markel,’ says divisional managing director
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Insurance industry facing ‘challenging period’ due to regularity of storms
Experts suggest that insurance firms are also facing challenges in adopting flood resilience schemes
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Facility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
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Canopius Group sees profit surge during 2023
’Decisive actions have been taken to accelerate delivery in the last few years,’ says chief executive
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US-based broker announces UK acquisition
The deal is an ’important strategic addition’ to its growth plans, says chief executive
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DLG confirms it has turned down second acquisition proposal from Ageas
’The board is confident in DLG’s standalone prospects,’ says insurer
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Backchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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FCA warns of clone pretending to be Admiral Insurance
’Scammers may give out other false details, including email addresses, telephone numbers, postal addresses and firm reference numbers,’ says regulator
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Academy snaps up Premierline from Allianz to bolster commercial book
’With us, they will be at the core of the business and a large part of the team will start managing the growth of the group,’ says chief executive
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Zurich finds surge in fraudulent property insurance claims
’It’s clear that every year fraudsters are becoming more sophisticated,’ says head of claims fraud