Latest News – Page 14
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McLarens launches dispute resolution service to capitalise on growth opportunity
’We recognised an underutilisation of our team’s expertise,’ says client lead
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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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Lloyd’s Tiernan urges caution despite record 2023 underwriting profits
’Without any doubt, we must deliver adequate returns,’ says chief of markets
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Acrisure-owned Russell Scanlan snaps up broker
The deal ’will allow the businesses to tap into existing client networks’, says sales and marketing director
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Lloyd’s of London improves COR by nearly eight percentage points in 2023
’We continued to see sustainable, profitable growth and performance,’ says chief financial officer
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Aon acquires technology assets of in-administration insurtech
’It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools,’ says chief innovation officer
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Musk lawsuit against OpenAI highlights need for clarity over ‘wild west nature’ of AI
’The situation underscores the complexities in the rapidly evolving landscape of AI,’ says head
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UKGI celebrates International Women’s Day 2024
Insurance Times rounds up the impactful diversity and inclusion initiatives spearheaded by UK insurance firms as the industry today celebrates International Women’s Day 2024.
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MGAA appoints three insurance bosses to board following ‘significant’ growth
’I have no doubt that their wealth of combined experience from across the MGA sector will be invaluable,’ says chief executive
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Insurance warning issued as value of lab grown diamonds plummet
’This is a challenge for the insurance industry,’ says head of bespoke insurance
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Aviva has ‘clear momentum’ following full-year 2023 results – Blanc
‘Nobody in this market can replicate’ Aviva’s operating model, says group chief executive
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Admiral posts COR of 88.7% for 2023
’2023 was a more encouraging year after a difficult 2022 for the industry,’ says UK chief executive
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Government u-turn on angel investing rules will ‘help increase diversity’ of insurtech founders
Chief executive says it is ’heartening to see the government acknowledging the pivotal role angel investors play’
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Aviva ‘unlikely’ to buy more in Lloyd’s market following Probitas deal
Group chief executive confirms that insurer is ‘very keen’ to support newly purchased platform’s ‘growth ambitions’
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Aviva’s UK&I GI business boosts premiums in 2023 despite slight undiscounted COR rise
The COR rise was driven by higher commercial lines costs
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Spring Budget ‘missed opportunity’ by not including action on IPT – Trudgill
’Biba will continue to champion wider issues on behalf of our members as we move further into this election this year,’ says chief executive
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Simply Business expands offering for larger firms
’We are delighted to be able to expand our offering of choice,’ says chief commercial officer
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Home insurance premiums rising at record pace
’This is the largest yearly increase we have seen since our tracking began in 2014,’ says senior insight analyst
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Allianz Commercial strengthens regional distribution to bolster broker support
’Their expertise will enable us to deliver the best of Allianz to our partner brokers,’ says director of distribution
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Howden expands sport and entertainment arm with broker buy
’We are building our capabilities and expertise to meet the growing demands of our sport and entertainment sector clients,’ says practice leader