All articles by Clare Ruel – Page 75
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News
Right Choice Holdings completes Moorhouse Group buy
Moorhouse will become a sister company to Bennetts and Right Choice Insurance Brokers
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News
WhenFresh teams up with Bluesky to combat subsidence risk
WhenFresh chief exec says the firm continues to bring together best in class property data assets to empower insurers
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AIG tightens cyber insurance limits as premiums climb
The insurer’s planned sale of its life and retirement business via an initial public offering is likely to happen in Q1 2022
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News
More insurtech M&A deals to be had – Willis Re
Following the release of Willis Towers Watson’s Quarterly Insurtech Briefing, insurtech M&A could be set to continue as the early to mid-stage pipeline remains healthy
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News
AA shuts down concerns over lack of insurance for new E10 petrol
The move to E10 petrol is part of the government’s efforts to reduce CO2 emissions
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News
Lloyd’s Lab reveals seventh cohort with cryptocurrency focus
Lloyd’s Lab also accepted wildcard entries that presented solutions outside the core themes, claims and cryptocurrency
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News
Insurance industry backs government’s live event reinsurance scheme in partnership with Lloyd’s
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative
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IT Interview
Andrew Johnston: Lots more investment looking for a home labelled ‘insurtech’
Willis Re’s global head of insurtech tells Insurance Times why he expects funding in this sector to increase and why the term ‘insurtech’ could lose its value in the long term
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News
Hiscox London Market names new CFO
The new hire has previously worked at Aspen Group and has a broad background in banking and insurance
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News
Bank of England confirms stress test to examine insurers’ cyber and climate risk resilience
The latest insurance stress test will be launching mid May 2022
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News
Direct Line launches standalone cycling insurance product
It provides public liability and personal injury cover to riders
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News
Household water leak claims up by more than 30% for Q1 2021
Insurers are calling for clear standards for the plumbing industry to make sure contractors that fix water leaks are properly qualified
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News
Hiscox continues to take action on cyber products following ransomware surge
Human error is the ’biggest vulnerability’ when it comes to cyber attacks, says the insurer
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News
Legal and General boosts dividend after operating profits total £1,079m in H1 2021
The insurer will be returning £309m to its shareholders in September
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News
Hiscox pays homage to outgoing chief executive Masojada
Hiscox will be entering a new chapter and incoming chief executive Aki Hussain will take over from Masojada
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GRP-backed broker buys Three Sixty in first deal under new ownership
The deal aims to expand the broker’s footprint to the north west of England
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News
Direct Line completes ‘heavy lifting’ of technology transformation
The insurer’s chief exec says transformation is ‘not just about tech’, but pairing it with the right cultural mindset
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News
Direct Line’s profits return following pandemic-stricken motor market hit
Its gross income from car insurance premiums fell by 6.2% in the first half of 2021 due to fewer cars on the road, yet chief exec says the firm is ’entering the second half of the year with ambition and confidence’
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News
Loyal customers to benefit from FCA’s price walking ban
Uncertainty in the market around what will happen following the FCA’s price walking ban remains, but car insurance premiums are now the cheapest they have been since 2016
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News
Swiss Re concerned over increasing extreme weather risks following UK flash floods
Insured damage needs to remain as ’something that is exceptional rather than something that happens as a matter of course’ for the insurance industry to continue providing cover