All articles by Clare Ruel – Page 91
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Direct Line Group recommencing share buyback
The insurer will also be rewarding its staff with shares as a thank you for their resilience
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Direct Line Group gunning to be the ‘insurance company of the future’
In a live video stream this morning with journalists, Direct Line Group’s chief executive Penny James said the insurer hopes to support customers across their entire insurance lifecycle via a fully digital ecosystem
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Backchat March 2021
Spilt daiquiris, milk-sodden laptops, bogus boilers and the history of the Biba manifesto - what has the insurance industry been up to this month? Plus, what’s Monty Python got to do with insurance? You heard it here first…
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Lockdown prompts president of Insurance Institute of Manchester to seek re-election
If re-elected, she will be the only president to serve two terms at the institute since the Second World War
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Specialist Risk Group makes fourth acquisition this year
The acquisition ’perfectly complements’ SRG’s goal, according to chief executive Warren Downey
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IT Interview
GRP to supercharge growth of Marsh UK Networks amid acquisition spree
Mike Bruce, chief executive at GRP, tells Insurance Times about his plans for 2021 following three acquisitions in the first quarter of the year
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Markerstudy Group buys Brightside
Markerstudy Group’s chief executive says the business has been observing Brightside with interest for years
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JM Glendinning blazes acquisition trail following North West broker investment
Tim Johnson, JM Glendinning’s executive chairman, says the broker plans to supplement its strong organic growth with a series of strategic acquisitions
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Aviva’s ‘big ambition’ to be the ‘UK’s leading insurer’
Aviva’s chief executive warns that the insurer has ’a long way to go before we unlock the true potential of Aviva’, but that building upon its 2020 financial results ’is just the start’
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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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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