Insurer News – Page 31
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Hiscox’s Dye sidesteps takeover talk by emphasising insurer’s ‘brilliant organic growth story’
The specialist insurer was the subject of acquisition speculation in July 2024
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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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Fantasy Football: As international break ends, watch out for injuries
This one is for all you casualty underwriters out there…
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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 9 to 13 September 2024
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Insurance provider announces new chief underwriting officer
’With his extensive background in maritime insurance, he brings a broad knowledge and understanding of the market,’ says chief executive
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Shift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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Lloyd’s of London clamps down on unacceptable behaviour
’Our current processes for dealing with issues of poor conduct can be unclear,’ says Lloyd’s
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Motor and home insurers’ APRs revealed as FCA action demanded
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
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Biba calls on government to cut IPT rate in Autumn Budget
’The government has the opportunity to make some specific interventions to help ease the financial burden on customers and help with the issues that we are seeing,’ says chief executive
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Commercial insurer expands coverage as it inks deal with distributor
The move comes as the insurer looks to broaden its focus
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Specialist insurer looks to Arch for new chief operating officer
’He brings a wealth of experience and has a proven track record,’ says chief executive
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Markel hires ex-Axa leader for senior broker role
’Her extensive background and connections in the broker channel, particularly around SME risks, including professional indemnity, will be invaluable,’ says director
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Alison Williams: Listening to broker feedback is key
Alison Williams, managing director at Prestige Underwriting, explains what brokers can expect from the MGA in the coming year and outlines key trends impacting the MGA market
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Insurance group takes staff from Munich-Re owned MGA
’Their expertise will be instrumental in delivering superior service quality for our broker partners,’ says managing director
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Specialist insurance provider snaps up ex-Aon leader for senior underwriting role
The appointee is ‘looking forward’ to collaborating with brokers in delivering a ‘superior insurance product’
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‘Gap in perception’ exists in industry’s understanding of cyber risks – Lockton
‘The possibility that you could have this sort of global outage is extremely remote,’ says cyber practice leader
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TMK announces senior hire as it establishes new reinsurance arm
’We are extremely well positioned to build our portfolio,’ says chief underwriting officer
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Axa employees to be offered shares as 2024 scheme launched
’Our employees have the opportunity to become shareholders in the company under privileged conditions,’ says chief executive
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AI will enhance, not replace, human interactions in Lloyd’s market
’The key message is that digital is not going to replace humans’, says deputy chief underwriting officer, but will ’improve productivity in the market’
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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