Commercial Lines – Page 12
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NewsAviva will ‘focus on long-term, consistent, stable pricing’ rather than ‘chase short-term blips’
Despite acknowledging that home insurance needs ‘more rate’, insurer’s UKGI boss plans to ‘maintain pricing discipline’ and avoid reacting to ‘short-term choppiness’ in rate movements
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NewsCommercial broker expands leadership team with senior appointment
’His extensive experience in driving growth across the global financial services sector will be invaluable,’ says chief executive
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NewsAviva spies ‘accretive growth opportunities’ through ‘dual stamp authority’ approach with Probitas
UKGI chief executive says the insurer is ‘more excited’ about its latest purchase now than it was when the acquisition was first announced in March 2024
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NewsMcLarens reports 300% rise in suspected fake document use in Q1 2023
’Fakes are becoming more sophisticated and easier to come by,’ says head of investigation
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NewsPartners& makes acquisition to help expand proposition into underwriting
’Our key strategic goal is to build out our proposition in the market,’ says chief executive
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NewsCytora inks partnership with AI due diligence firm
’This collaboration strengthens our ongoing efforts to provide insurers with the most advanced solutions,’ says chief operating officer
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NewsInzura chief executive steps down to head up new cyber insurtech
The appointee felt ’it was time to focus on a specific area in cyber insurance that was being left behind’
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NewsCFC expands UK cyber development team
’We are dedicated to helping every UK broker to become a cyber specialist,’ says cyber development leader
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NewsSeventeen Group broking subsidiary extends south west presence with cyber and technology hub
’Exeter has embraced the technology sector and supports the business community in so many ways,’ says director of cyber and technology risks
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NewsBroker acquires PI specialist to expand commercial offering
’Early on in our discussions, it became evident that we shared a common value set,’ says founder
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NewsIndependent broker gets new owners
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
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NewsVipr snaps up new global head of customer success
’Her industry experience and successful track record of achievement make her an ideal fit,’ says chief executive
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NewsInsurers failing non-standard risk customers – Prestige Underwriting
’For many insurers, the risk profile of non-standard customers falls outside their underwriting footprint,’ says head of broker development and partnerships
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NewsDifferences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
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NewsRecorder appoints ex-CFC leader as head of insurance amid continued expansion
’Her subject matter expertise and extensive network within the London insurance market will undoubtedly help Recorder to accelerate its mission of delivering more commercial insurance products via APIs,’ says co-founder
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NewsRural crime claims rise as thieves ‘become more determined’
’All the indications suggest rural crime is becoming more organised, sophisticated and determined in its nature, which is incredibly alarming,’ says rural affairs specialist
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NewsFirms ‘still have work to do’ to improve service a year on from Consumer Duty
’Consumer Duty really should be a win for both businesses who want to work more efficiently and effectively,’ says chief operating officer
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NewsJensten hits 1,000 employees as it completes three acquisitions
’Our growth is a testament to the hard work and dedication of our team,’ says chief executive
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NewsPercayso inks partnership with UK aggregator for vehicle pricing
’We are constantly searching for innovations that improve our efficiency,’ says founder
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NewsNeil McCarthy: MPR Underwriting strives to be ‘accessible expert’ for brokers
As Insurance Times’ annual MGA survey continues this month, we catch up with MPR Underwriting managing director Neil McCarthy about how the MGA has developed over the past 12 months
