All articles by Clare Ruel – Page 134
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News
Brokers reveal biggest challenges to selling cyber cover
With the risk of cyber crime ever increasing and evolving, the threat to UK businesses remains high but cyber insurance uptake is still comparatively low compared to the US, Insurance Times looks at the challenges brokers face selling the product and how to overcome the problem
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Amanda Blanc and Greg Case drafted in to help thrash out Lloyd’s future
The committee will be responsible for supporting the creation of Lloyd’s prospectus
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Start-up aims to battle fraud with blockchain
It says its solution solves a costly industry problem within claims using blockchain
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Zego raises £34m to fuel European expansion
The start-up currently insures a third of the UK’s food delivery market through partnerships with Deliveroo, Just Eat and Uber Eats
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Acquisition of Sure Thing! leads to senior management overhaul
Deal to buy Sure Thing! sees the motor broker’s executive director, commercial director and underwriting director all leave
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Sagars completes first GRP-backed acquisition
It is the first acquisition completed by the Burnley-based broker since it was acquired by GRP a year ago
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Lloyd's risks becoming 'irrelevant' unless it grasps tech revolution says boss John Neal
’Once-in-a-generation opportunity’ to lead the marketplace in delivering innovative services and solutions, argues Lloyd’s head
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Ecclesiastical appoints new group chief financial officer
She has previous experience at RSA and RBS Insurance
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Average cost of inland flooding three times more without defences
Industry calls on government to increase flood defence spend following the release of research by the ABI
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Insurtech UK launching as an official trade body
It follows its partnership with the Department of International Trade yesterday
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Insurtech UK seeks to raise profile with trade partnership
It follows Aviva and the CII joining Insurtech UK last month
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Lemonade expands into its first European country
The American insurtech had first announced its plan to expand into Europe last November
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iPrism completes senior team with fourth new appointment
The underwriting agency has been changing up its senior management team since last November
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ABI requests compulsory sprinklers in schools and ban on combustible materials extended
It follows the ABI and Zurich submitting evidence on modern methods of construction to a select committee following the Grenfell fire
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LexisNexis Risk Solutions hires new managing director
He replaces Keith Binley who has held the position for two years and six months so far
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Online only
38% of brokers have never sold a cyber policy – Ecclesiastical
While 78% of brokers see cyber as an area of growth for their business, almost two fifths admit to having never sold a cyber policy
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News
Premium Credit CEO to exit with ex-RSA chief taking over
Market sources say former Wonga group chief executive Tara Waite is to replace Woolgrove
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71% of brokers unaware of key developments in construction industry – HSB
3D printing could spell trouble for brokers according to HSB
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Ex-buzzvault MD Charlotte Halkett takes new insurtech job
Halkett left her role as MD of insurance product at buzzvault in April, and before that was part of the original team to launch Insurethebox
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Ex-Allianz and AXA duo launch insurtech
The start-up wants to partner with fintechs to gather open source data