All articles by Clare Ruel – Page 106
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FeaturesInsurtech Digital Risks reveals SME plans after rebranding as Superscript
As the SME landscape has shifted due to the Covid19 pandemic, Superscript formerly known as Digital Risks has rebranded to serve the needs of these businesses more closely, here the insurtech reveals its plans to Insurance Times
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NewsCovid-19 pandemic impacts AXA’s underlying earnings
Despite the Covid-19 pandemic AXA said its “well positioned” as a group and remains resilient in these challenging circumstances
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NewsDirect Line exploring inorganic growth via partnerships and acquisitions
The insurer’s H1 results for 2020 were better than expected as it reinstated its dividends, and now it plans to expand its reach through partnerships and acquisitions
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Online onlyPlunging motor claims sees significant improvement in Direct Line loss ratio
The insurer’s attritional loss ratio in motor improved by 17.9 percentage points therefore it has reinstated its dividends that it previously halted in April, however it remains cautious given the uncertainty of the pandemic
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NewsAviation insurance industry braces for fallout after Branson’s Virgin Atlantic goes bust
Gallagher warns that Covid-19 could ‘act as a catalyst’ for rate increases translating into a harder global insurance market
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IT InterviewFSCS hopes to cut insurance levy by working with industry to root out ‘bad actors’
After making three board appointments including former secretary of state, Nicky Morgan. FSCS’s board chairman, Marshall Bailey OBE discusses the firm’s rising levy, how these appointments will bolster its 2020 strategy and the new challenges it faces due to the pandemic
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NewsFSCS exceeds 2022 board representation target
The FSCS also has 40% of employees that come from ethnically diverse backgrounds in addition to exceeding its gender target
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NewsInsurers must ‘do more’ to support UK motorists driving less post-lockdown
Cheaper car insurance premiums ranked top in By Miles’s research as a way that insurers can support policyholders who are driving less - this helps continue the low carbon emissions seen during lockdown
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NewsHow parametric insurance could serve SMEs in a post-pandemic world
Parametric insurance could help avoid a re-run of the Covid-19 business interruption saga, as the pandemic exposes real holes in the insurance market
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News‘It’s not the size of your cloud that matters, it’s what you do with it’ – SSP
The cloud has been critical to saving the insurance industry time and money, but it is less about size and instead depends on how firms use it. An expert panel discuss its use and overall impact during an Insurance Times webinar
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NewsInsurtech Digital Risks to rebrand as Superscript amid global ambition
Insurtech Digital Risks will be rebranding as Superscript as it guns to become the global leader in SME insurance.
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NewsClose Brothers chief exec Sharon Bishop steps down
Sharon Bishop is stepping down as chief executive of Close Brothers Premium Finance after seven years in the role, and 17 years overall at the firm.
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News AnalysisLemonade’s IPO – what does it mean for the insurance industry?
Insurtech Lemonade’s shares doubled in value on its first day of trading on 2 July, surging from $29 to $69.41; this followed the firm filing for an Initial Public Offering (IPO) back in June.
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NewsCovid-19 driving demand for bicycle insurance in cities
As bicycle sales rise, insurers have a key opportunity to increase the uptake of this kind of cover in the UK
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NewsZego partners with e-scooter firm to insure Teeside trial roll-out
Insurtech Zego has partnered with e-scooter company – Ginger, to provide insurance for the UK’s first e-scooter trial which has launched in Tees Valley, North East England.
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NewsLeaseholders in high-rise buildings hit with huge insurance premiums post-Grenfell
With the government pushing the full cost of building safety works on to leaseholders, further problems have surfaced for residents and the insurance industry, as lines such as professional indemnity fail to deliver the services that society requires of it
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NewsFlock selected as software firm’s connected insurance partner
The insurtech will create a flexible insurance offering for the software firm’s AI-piloted drone fleet
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News AnalysisBritish theatres face re-opening post-lockdown, some with no insurance
With lockdown unwinding, British theatres were given the go ahead to reopen on the 11 July for outdoor performances, but many are struggling to find insurance.
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NewsInsurtech honcho partners with employee benefits provider
Insurtech honcho has partnered with an employee benefits provider to offer its car insurance service to workers across the UK.
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NewsBrit’s syndicate Ki taps former Marsh JLT Specialty veteran as new managing director
Brit’s follow-only digital Lloyd’s of London syndicate named Ki has appointed Dan Hearsum as its managing director.
