Insurer News – Page 26
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LSM appoints new head of third party claims
’At Liberty, we’ve been investing in claims talent over many years,’ says head of claims
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IT Awards 2024
Insurance Times Awards 2024: Sedgwick touts ‘win-win’ business partnership with QBE
Adam Bayliss, resource solutions director at Sedgwick, talks about the firm’s partnership with QBE for the Business Partner of the Year award
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Insurers ‘too quick’ to exclude emerging risks
’They are too quick to simply exclude these emerging risks,’ says chief executive
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UK home insurers sitting in the red – and further losses are expected
’2024 will ultimately be another difficult year for both firms and for customers,’ warns insurance leader
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Recently rebranded MGA announces new c-suite
’Working with such an established company and a new team is exciting,’ says appointee
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Carriers issued technology warning as DA business becomes more popular
’With a more challenging market environment on the horizon, the time is ripe for carriers to turn their attention to DA,’ says report
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Premium finance costs revealed as FCA begins probe
The FCA said it would review whether motor and home insurance customers using the product were getting competitive deals
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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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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 14 to 18 October 2024
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Top seven insurers in UKGI revealed
’It is fantastic to see these companies delivering excellent results,’ says co-founder
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SNP urges Labour government to ‘get a grip on the costs’ of motor insurance
’Inflation might be easing, but the crippling costs of car insurance are only getting worse,’ says party’s economy spokesperson
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Insurer warns UK businesses that austerity is on the cards as debt threat drives decisions
‘UK public finances are weak and fiscal policy will start to tighten again from 2026,’ predicts senior economist
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New MGA to launch with A- rated capacity and insurance veteran as leader
The firm is also backed by Mission Underwriters
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Backchat: October 2024
A new restaurant opening, a conference with a twist and something for all pet lovers – what has the insurance industry been up to of late? You heard it here first…
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FCA probing another insurance product due to fair value concerns
It comes after the regulator warned that it could repeat the action it took with the Gap market in other sectors
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Labour action to tackle motor premiums criticised for ‘industry-led approach’
’If the industry investigates itself, how do you avoid the outcome being skewed?’ says chief executive
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Government clamps down on motor insurance after election pledge
Allianz’s UK chief executive has issued a statement following the move
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Chief executive issues warning as Flood Action week gets underway
’One year on from Storm Babet and we are seeing yet more severe weather and flooding across the country,’ says boss
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Insurer launches construction practice for UK and Ireland
’We have a large, dedicated team of experts across the country who understand that construction clients have multiple and varied insurance needs,’ says regional tech lines manager
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Extinction Rebellion issues protest threat to multiple UK insurers
’You have 14 days from today to make a public declaration that you will stop insuring all new fossil fuel projects,’ says letter