All articles by Clare Ruel – Page 90
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News
Aviva to focus on core market strategic growth despite dip in UK GI operating profit
In its preliminary financial results this morning, Aviva revealed its focus for the year ahead as it continues to transform at pace
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News
Insurers must cater to emerging risks posed by new technologies and IoT
During an Insurance Times webinar yesterday, a panel of cyber insurance experts discussed potential risks surrounding IoT products and upcoming technologies, emphasising that insurers must be aware of these challenges in order to deliver ‘proactive’ risk management
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Insurance industry backs unchanged IPT amid Spring Budget 2021 – but should it be cut completely?
IPT remains unchanged in the Spring Budget 2021, although the insurance industry largely welcomed this, some have raised concerns that costs are being passed on to policyholders
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Aston Lark buys East Anglia-based MGA
Hot off the heels of its last acquisition just yesterday, Aston Lark has bought an MGA
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Hiscox faces 2021 with renewed optimism despite challenging year
In a briefing call with journalists this morning following the publication of the insurer’s year-end financial results, Hiscox’s chief executive revealed the firm will be reinstating its dividend as its ’first priority’
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Jacqueline McNamee’s insurtech MGA plans rapid expansion
The insurtech MGA’s chief executive McNamee says the firm is in a ‘strong position’ to drive exponential growth
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Allianz could gain a competitive advantage via insurtech partner’s instant claims strategy
GlobalData believes that targeting immediate claims payouts is a ’good strategy’ from Allianz
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Lloyd’s culture survey underlines need to implement racial inclusivity steps – ACIN
Despite the market’s progress in improving inclusivity, ACIN says there is still a long way to go
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Avid Insurance makes first acquisition with construction MGA buy
Avid’s chief executive says that the transaction is a ’big step’ towards its medium-term growth ambitions
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Data enrichment impact in insurance must be thought about ‘critically’ – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Duncan Minty founder of Ethics and Insurance discusses the risks around data enrichment
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‘Every building should have a safety logbook’ – Building Safety Register’s Matt Hodges-Long
In a recent webinar, the Building Safety Register’s co-founder discusses why every building should have a safety logbook and how it might help the insurance industry manage risk four years on from Grenfell
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News
Ardonagh to invest in M&A broker
The broker’s 17-strong team will join Ardonagh upon completion of the deal
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iprism unveils product for unoccupied properties
Brokers expect an increase in unoccupied commercial properties as a result of economic disruption
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Insurtech UK calls for end to VAT regime for insurtechs ahead of Spring Budget 2021
The trade body discusses the challenges that insurance premium tax causes the insurtech sector in the run up to the topic potentially being debated later this week on 3 March
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Lloyd’s syndicate Brit confirms it ‘has never’ underwritten Adani coal project policies
Campaigners are now calling on other Lloyd’s syndicates, such as Arch, Ark, Hamilton, Hiscox, Lancashire and MS Amlin, to do the same
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Surveillance of activities could be ‘threat to privacy’ – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Melissa Collett, professional standards director at the Chartered Insurance Institute (CII) explains why insurers must be “explicitly careful” with data
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News
The Big Question March 2021: How do the current market conditions compare to previous ones for professional liability classes?
With the UK set for an economic downturn amid Covid-19, professional liability classes have had quite a ride as a result. Insurance Times asked industry experts how the current market compares to previous ones for this line of business
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Features
In Focus: ‘Enabler’ insurtechs will provide digital skill set to steer insurers out of pandemic – Sønr
Insurtechs offer a ‘great opportunity’ to assist large corporate insurers in making a ‘digital shift’ says Sønr chief executive
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Insurtech Trõv partners with electric vehicle sharing company
This partnership is part of the insurtech’s expansion plans
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Insurance industry braces as Fire Safety Bill debated in parliament
The House of Commons today debates the Fire Safety Bill, identifying key amendments that could affect the insurance sector