Latest News – Page 13
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News
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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MGA aiming to accelerate growth in broker market with new appointment
’Since launching our first product at the end of 2023, we have had great feedback,’ says chief executive
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MS Amlin improves COR by nearly 10 percentage points in 2023
’As these numbers show, we are reaping the rewards of our transformation efforts,’ says chief executive
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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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Seventeen Group announces double acquisition
’Both are very complementary and bring on board highly experienced individuals to help achieve our growth ambitions,’ says chief executive
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Insurtech UK calls for more clarity on new advisory panel for R&D
’It’s essential that companies with genuine claims can have effective access to this vital support in building their businesses,’ 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
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News Analysis
Are difficulties in the motor market having a ‘negative impact’ on capacity for MGAs?
’The market is creating opportunities, but it is also creating a lot of challenges,’ says head
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‘Integration and transformation’ the drivers for RSA this year – Ken Norgrove
’Brokers ultimately decide who wins in the commercial space,’ says chief executive
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Inigo inks deal to gain real-time insights in aviation war exposures
’This bolsters our vision to further develop Inigo’s data-driven exposure management capabilities,’ says head
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Aviva and Darwin announce second autonomous vehicle passenger shuttle
’This trial will give us access to a wealth of rich data,’ says head of motor
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Insurtechs back AI cash injection announced in Spring Budget
’Support like this is encouraging for the tech sector,’ says chief executive
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Bearman steals the show as son makes impressive Formula 1 debut with Ferrari
David Bearman watched his son Oliver drive for Ferrari’s Formula 1 team over the weekend