All articles by Clare Ruel – Page 118
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NewsAIG hires Lloyd’s veteran Jon Hancock in senior role
He also spent 26 years at RSA in an array of senior roles including managing director UK in commercial lines
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News AnalysisHastings turns to pricing strategies as it seeks more profitable 2020
Earlier today the group revealed its full year financial results that saw claims inflation impact its loss ratio but customer retention was positive
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NewsSedgwick founder Robert Young dies at 83
Young grew the loss adjuster business from a small local company of 500 staff to 27,000 globally
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NewsTractable raises $25m with view to expand AI proposition worldwide
This brings the insurtechs funding total to $55m
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NewsHastings profits slump as claims inflation takes its toll
The company also saw its loss ratio deteriorate as it reported its annual results
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NewsArron Banks reportedly among 1,600 hit by FCA data breach
The results of a freedom of information request was exposed
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NewsDirect Line axing 800 jobs amid digital transformation drive
The main losses will be from its Ipswich office which is closing in 2022
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NewsZego triples staff headcount in 12 months amid recruitment drive
It hopes to double its staff number again this year, it follows Nick Pester joining the insurtech
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NewsCompare the Market owner leads funding round for insurtech Digital Risks
The funding has been raised to develop the insurtech’s technology and drive its expansion
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NewsNIG to provide capacity for McNamee’s digital MGA C-Quence
It hopes to make it easier for brokers to deliver sophisticated commercial insurance quickly and at lower costs
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NewsEvolving risks for UK schools present key broker opportunities - Ecclesiastical
Cyber remains a key concern
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NewsInsurers move to limit fossil fuel exposure – Moody’s
Moody’s predicts insurers’ retreat from coal could lead to a decline in coal-fired electricity generation
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NewsGallagher teams up with CPP for SME cyber offering
The partnership gives CPP a “strong footprint” in the UK broker market
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NewsSSP hires broker business director amid platform launch
New director has a background in the broking industry
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NewsInsurance data standards body forms London Market advisory board
The board has been set up to help industry gain maximum value from data exchange
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NewsMGAA announces new board
The group will work on a strategy to improve the business environment for MGAs
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IT InterviewEx-CII diversity champion Tali Shlomo details next move
Shlomo discusses why diversity and inclusion is so important to her and the insurance industry
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NewsBollington makes third acquisition buying commercial insurance broker
The purchase pushes Bollington’s GWP to £180m
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NewsCyber criminals go phishing using Coronavirus outbreak to swipe data
As phishing attacks are becoming more and more sophisticated, the insurance industry must continue educating people to spot them
