Latest News – Page 9
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Home insurance premiums surge after bad weather strikes in Q1 2024
’The anticipated timing for lowering of home insurance premiums remains uncertain,’ says director
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Consumer trust declines following surge in insurance premiums
’The sharp rise in insurance prices is inevitably taking its toll on levels of customer trust in the sector,’ says managing director
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Jensten buys Sutton-based schemes specialist broker
The deal marks a ‘significant stride’ in the intermediary’s ‘schemes and affinities growth’, says managing director
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Zurich to evolve propositions to boost growth in 2024
’We are looking to make sure that we continue to grow,’ says chief executive
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Insurance Times and Genasys team up for April Fools’ Day prank
Although insurance-based PC game is currently a myth, steps such as this could support the industry in attracting a new generation of talent
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Genasys sponsors insurance-based PC game to entice new talent
‘We’re helping to break down the stereotype that insurance is a staid, boring world of grey suits,’ says group 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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Ardonagh boosts income and adjusted ebitda during 2023
’These results reflect a very strong year for our group,’ says chief executive
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Lloyd’s reports 2023 profit surge and ‘strongest’ COR since 2007
’The results we’re reporting today are our best in recent history,’ says chief executive
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New creatives scheme announced for recently launched broker
’My team and I have launched something new and exciting that will help creative freelancers buy the insurance they need,’ says founder
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New MGA launches with goal of addressing broker anger in PI space
’There has been a mounting level of frustration in the market at poor outcomes and unwillingness to actively underwrite in the PI space,’ says chief executive
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Cyber insurance is ‘inaccessible’ for SMEs
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
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‘Unlimited pool of potential’ for niche broker schemes – Peter Blanc
’How much better would it be to be known as problem solvers and enablers, rather than just retailers of products,’ says head of M&A
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FCA identifies ‘areas for improvement’ in insurers’ valuation of vehicles
The findings of the regulator’s multi-firm review have identified some failings in motor total loss claims
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Marsh unveils new digital asset facility
’We look forward to supporting clients globally in aligning their risk financing and evolving commercial strategies,’ says leader
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Insurance industry not matching customer expectations for green parts – Solera
’Insurers and garages can play a vital role in helping customers understand the green options available,’ says managing director
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Sedgwick appoints new UK chief operating officer
’I look forward to maximising operational efficiencies for the benefit of our valued clients and colleagues,’ says new appointee
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PI-driven law firm closures fall to lowest level since 2019
’Law firms will be very glad that PI premiums appear to have begun to soften,’ says partner
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ABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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Chaucer enters weather insurance market with new parametric product
The (re)insurer has also put together a new specialist team to help with its entry into the market