All articles by Clare Ruel – Page 51
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NewsUK’s retail and industrial sectors face biggest flooding risk – FloodFlash
FloodFlash’s chief science officer says that floods in Northwich and London are ’a pertinent reminder of the ongoing threat from extreme weather’
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NewsPrevisico and UK-based MGA ink partnership to boost flood resilience
The latest partnership aims to support SMEs to better protect their business using flood resilience measures
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NewsDirect Line estimates extreme weather claims to reach £40m
The insurer says these potential claims are within its budget for the year
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NewsDirect Line’s premiums slide by 2.4% during Q1 2022
The group put the hit to GWP down to the FCA’s pricing reform, but trading was ’broadly in line’ with its expectations
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NewsAegis London deploys Phinsys to execute digital transformation strategy
Aegis wanted to find the ‘right partner’ to provide future-proof solutions
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NewsLloyd’s of London faces legal battle after Putin ‘swipes’ 500 planes
In March, the Treasury banned UK insurers and reinsurers from serving Russian firms
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NewsMarkerstudy Group completes BGL Insurance buy
Markerstudy’s chief exec says the deal will provide ’digital distribution capabilities’ and ‘insurtech prowess’ for the pair
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NewsGallagher reports 14% UK organic growth for Q1 2022
The broker estimates sanctions and its compliance with them will adversely impact its full year 2022 brokerage segment annual revenues by up to $10m
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NewsGovernment proposals to scrap annual MOTs could see increase in ‘unroadworthy vehicles’
Although the proposed change could save £55 a year, this could lead to more unsafe cars on the road which could subsequently increase insurance premiums
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NewsGlobal net zero transition could double size of London insurance market – LIIBA
It could create an annual total of $125bn (£99.4bn) additional insurance-related spend by 2030 for the costs of transition alone
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NewsGlobal insurtech funding for Q1 2022 hits $2.2bn – Gallagher Re
Q1 2022 saw the highest ever-recorded participation of early-stage investment
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NewsGovernment seeking to double Solvency II regulatory threshold for industry
This will help smaller firms entering the market
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NewsZurich UK enhances new small fleet policy for electric vehicles
The policy will now include a like-for-like EV replacement when customers use one of its improved repair networks
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AnalysisTinder Swindler case reinforces regulation requirement for flourishing dating metaverse
Although the Online Safety Bill may help combat romance scams, insurers and brokers should think about how they can protect customers from social engineering attacks
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AnalysisBriefing: Why the UK is the insurtech innovation capital
The UK insurtech landscape is flourishing, boasting mega funding rounds and ongoing expansion - but what has prompted this shift?
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NewsUK cyber insurance pricing up by 102% – Marsh
The Russia-Ukraine war has put pressure on the insurance market
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NewsAviva inks deal with Tractable to ‘overhaul’ UK motor claims accuracy
The deal also supports Aviva’s net zero 2040 target
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NewsCytora partners with insurer to streamline global risk intake
The partnership is intended to lead to a better and faster service for brokers and clients
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NewsDraft Online Safety Bill to be scrutinised following second reading
The Bill will be scrutinised in the committee stage and should be presented back to the legislature by 30 June 2022
