Commercial Lines – Page 11
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Over 400 brokers able to expand coverage as distribution deal announced
’This further strengthens our proposition with an additional range of specialist products,’ says executive director
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Technology obsolescence is biggest digital threat in 2024 – Beazley
’Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology,’ says new report
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New standalone energy specialist MGA launched as chief executive named
’We have to evolve with our clients and brokers in order to respond to their needs,’ says new top boss
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Use of technology essential for insurance firms’ ‘survival’
“It is not only a question [of] competitive evolution and competitive advantage, but it’s [also about] absolute survival,’ says chief executive
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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More needs to be done to tackle uptick in social media scams – Ifed
’Social media is increasingly used to facilitate fraud and target vulnerable individuals,’ says detective chief inspector
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Modern methods of construction could build premiums for independent schools – Ecclesiastical
’It is vital that when clients are considering a new school building or sustainability project, they consult all interested parties,’ says director
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Zurich and Marsh McLennan look to bridge cyber protection gap
’The threat of cyber attacks poses a significant risk to both societal and economic stability,’ says group chief executive
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Fraud in H1 2024 being driven by casualty and ‘large increase’ in commercial claims – Allianz
’There’s a dire need for us to keep raising awareness, because brokers are almost crying out for support [from insurers],’ says head of counter fraud
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Clear Group acquires MGA to enhance underwriting capabilities
’This is another key acquisition for Clear as we build at pace a market leading MGA proposition for brokers,’ says chief executive
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Broker expands commercial arm with acquisition
’It has an excellent reputation for delivering great customer service,’ says commercial director
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Carbon cost of UK domestic building repairs revealed as claims soar
’More work must be done to promote sustainable repair programmes,’ says technical director
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P&C reinsurers saw strong earnings in H1 2024 – Morningstar DBRS
The ratings agency has maintained its positive outlook on the global P&C reinsurance sector “despite high natural catastrophe losses and likely lower interest rates globally”
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MGA warns of ‘huge’ safety problems for tall buildings after Dagenham blaze
’A large proportion of the affected buildings are yet to be remediated, leaving thousands of people facing these risks every day,’ says underwriting manager
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Bikmo wheels in new three-year partnership
The partners are on a ‘mission’ to address cover challenges in the commercial bike sector
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Ex-Allianz leader snapped up by Ecclesiastical
New appointee is ’thrilled’ to join insurer and hopes to make ’positive contribution’
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Marsh launches new insurance facility with $50m of capacity
’As global trade continues to expand, this new facility offers clients a rapidly available layer of insurance cover,’ says chief executive
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New Blueprint Two boss appointed after delays
’These leadership changes will help ensure the market’s objectives are delivered and embedded,’ says board chair
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Aviva explains why it’s backing brokers to go for gold at the Insurance Times Awards
Michelle Taylor, broker distribution director at Aviva, talks through the new Insurance Broker of the Year category at this year’s Insurance Times Awards
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SRG acquires broker to strengthen retail pillar
’The team will add tremendous value to our retail business,’ says chairman