Commercial Lines articles – Page 89
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Vibe syndicate goes into run-off
The MGA had previously said it was closing some of its business units
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Hiscox shares take a battering as opioid abuse scandal threatens to engulf insurance industry
Hiscox said it was taking pre-emptive action to head off a casualty catastrophe
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Beazley reports 12% increase on gross written premiums for Q3
The London market insurer shows a total $2.192m for gross written premiums in the first nine months of 2019.
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Insurance industry unites to raise funds and awareness for dementia campaign
The Insurance Day of Giving, spearheaded by The Alzheimer’s Society and the insurance sector, takes place today.
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Business secretary slams Thomas Cook for personal injury insurance oversight
Thomas Cook self-insured the majority of personal injury claims, meaning those with serious injuries or loss of life are now treated as “unsecured creditors”
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Barbon Insurance Group and Let Alliance complete merger
The combined business aims to offer protection and ancillary services to letting agents and landlords.
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Solve culture crisis or face sanctions, insurers told
Insurers and brokers told they have to create an internal culture in which staff feel safe and secure to report wrongdoing
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Biba heralds success of signposting service as 700,000 older users to date
More older people are seeking help with motor and travel insurance as a result of cross-industry signposting scheme.
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Industry needs to work to eradicate credit hire hikes
Head of the Credit Hire Organisation told Insurance Times that collaboration between credit hire firms and insurers has never been closer.
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Insurer will take time over UK property and casualty exit
MS Amlin previously said it was withdrawing from nine classes of business.
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Markel adds freelance and contractor broker to its portfolio
The SME specialist gains Manchester-based business insurance broker.
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Brokerbility members rate Aviva as best insurance partner
Brokerbility’s 13th bi-annual survey reveals brokers rate Aviva for claims and underwriting
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Pop-up insurance museum to inspire next generation
Insurance Museum project aims to fundraise £3m for pop-up site near Leadenhall Market
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APAC ‘pivotal’ to Future at Lloyd’s growth strategy – John Neal
APAC represents a significant source of capital coming into the Lloyd’s marketplace
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Aston Lark kicks off Goldman era with Lloyd’s broker buy
Acquisition gives Aston Lark deeper access to the London market
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New syndicate targets $1bn premium into Lloyd’s
The syndicate will focus on the specialist US high net worth market
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London Market construction group launched by IUA
It will meet on a monthly basis and liaise closely with the IUA’s Professional Indemnity Forum
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‘Box bunnies’ - Ex-CEO Beale recalls recent horrendous sexism at Lloyd’s
Beale in fresh swipe at Lloyd’s over its gender and diversity woes
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Insurer’s withdrawal piles pressure on MGAs
Amlin said it would be working to find a solution in the areas they were to cease to underwrite
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Brexit fears fail to dent London market growth
Increase in income across the traditional business lines and a growth in the premiums from emerging risks seen last year