All articles by Clare Ruel – Page 40
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News
Holiday Inn hotel chain hit by cyber attack
Hotel chains are often targets for cyberattacks due to the data they hold, says Coalition’s head of insurance
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Insly closes €1.1m bridge round as it continues growth
The insurtech’s global revenues have grown by more than 30% over the past year
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Axa XL’s chair of the boards set to retire
She has served as chair of Axa XL’s UK entities for the past five years
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Charles Taylor InsureTech continues InHub rollout as it sets sights on US
Charles Taylor InsureTech will be hitting the states later this year – or in early 2023 – as the firm continues its international rollout of InHub, having successfully launched the product in the UK and Latin America.
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Earnix and Guidewire team up to accelerate insurer speed to market
The pair hopes to reduce implementation time and costs
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Smaller businesses becoming bigger targets for cyber criminals as claims rise – Coalition
The cyber insurer’s head of claims says small businesses ’often lack resources’
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Duck Creek Technologies launches new business accelerator suite for UK pet insurers
The UK pet insurance market is ’ripe for disruption’ with an estimated £1.5bn GWP generated per year by 2025
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Stubben Edge Group secures new £5.6m cash injection
The insurtech’s ambition is to ‘change the financial services industry’ says its chief executive
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Russia’s sovereign internet could see cyber insurance implications – CyberCube
A sovereign Russian internet could lead to cybercriminal safe havens which could see implications for cyber insurance according to the latest report from CyberCube published today (12 September 2022).
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Not all cloud downtime losses covered by cyber errors and omissions insurance – Parametrix
The limited coverage is characterised by low coverage limits, long waiting periods, narrow coverage triggers, significant deductibles and long claims processes
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Insurance industry mourns death of ‘inspirational’ Queen Elizabeth II
The insurance sector is in mourning following the death of Queen Elizabeth II yesterday (8 September 2022) aged 96. She reigned for 70 years and 214 days and remains Britain’s longest standing monarch, having been catapulted to the throne on 2 June 1953 when she was aged 25, following the ...
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Matthew Wilson returns as Brit group chief executive
Wilson and his family have set up a fund with charity Blood Cancer UK
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Davies buys Florida-based third party administration and adjusting firm
The purchase comes after Davies completed its buy of Asta Capital earlier in July
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SiriusPoint names ex-RSA boss Scott Egan as new chief executive
The firm’s interim chief executive will step down
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IT Interview
Joshua Motta: The MGA hitting the UK with ‘reinvented’ cyber security insurance
It is now harder than ever to purchase cyber insurance in the UK, with capacity being pulled back, increasing exclusions and price increases – but Coalition aims to overhaul the market at a time when SMEs need it most
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Aston Lark Ireland buys ‘like-minded’ Irish broker
Aston Lark Ireland is ’keen to continue growing and acquiring like-minded brokers’, says chief executive
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Instanda names ex-Hiscox managing director as new chief financial officer
The insurtech’s chief executive says the appointment is ’integral’ to its expansion plans
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ABI responds to Merton Council leader comments in wake of Thornton Heath gas explosion
The trade association said it would continue to monitor any developments and reiterated that insurers would continue to do everything they can to assist impacted residents
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Markel names ex-AIG head as new managing director of distribution strategies and business development
The move will see his predecessor step down and move into a consultant role ahead of retirement at the end of the year
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Insurance industry welcomes Liz Truss as new prime minister
The ‘back to the future’ proposal of merging the FCA, PRA and PSR is still a possibility, says global head of financial regulation