Brit News
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Insurers still looking at data in ‘monolithic way’
’If you have data science in your business and start to get under the skin of that, you can make big changes to your underwriting result,’ says chief executive
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Revealed: Claims Excellence Awards 2023 – winners and reaction
There were some lucky double winners and some firms picked up their very first Insurance Times Claims Excellence Award at our hottest awards so far – was it you?
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Brit chief executive makes ‘hardest’ career decision and steps down
He will be succeeded by Martin Thompson, who took the reigns as interim chief executive last year
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Matthew Wilson returns as Brit group chief executive
Wilson and his family have set up a fund with charity Blood Cancer UK
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Brit Insurance remains ‘optimistic’ after 2021 full year profit of $247.1m
The insurer has confidence ’that it is well placed to respond to the opportunities and challenges ahead’
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Brit snaps up Vitality UK Group chief data officer
The firm hopes the new data-driven role will enable the business to create better outcomes for its trading partners and clients
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Brit appoints chief technology officer from Swiss Re insurtech startup
The firm hopes the new hire will help it apply ‘the latest innovations, approaches and technology to how we write risk’
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Brit names interim group chief executive as Wilson takes indefinite leave
The insurer wishes Matthew Wilson well during this challenging time
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Lloyd’s syndicate Ki hires new chief technology officer
Ki’s chief executive says the syndicate is adopting a ‘technology-first’ approach to underwriting
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Brit Insurance sees GWP increase by 14.2% amid Covid uncertainty
Brit’s group chief exec says Ki has had ’very positive reception’ from its broking partners
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Is this the future for Lloyd's? Digital syndicate in successful start
Ki has also developed and released its first broker API to allow brokers to integrate digitally with the syndicate’s algorithm
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Lloyd’s syndicate Brit confirms it ‘has never’ underwritten Adani coal project policies
Campaigners are now calling on other Lloyd’s syndicates, such as Arch, Ark, Hamilton, Hiscox, Lancashire and MS Amlin, to do the same
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Brit reports a 5.7% increase in GWP over 2020 despite $232m loss after tax
Group chief executive says there are ‘a number of indicators to give us cause for optimism’, regardless of the ‘significant’ financial impact of Covid-19