Insurer News – Page 32
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Civil court cases still facing major delays
’Access to justice is still hugely delayed, therefore access to justice is still being denied,’ says executive director
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Hiscox launches new proposition that covers more than 20 risks
The product ’will help employers respond to crises involving their employees wherever they are in the world’, says underwriter
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Reinsurers increasingly directly deploying capital into primary insurance market
‘It’s not an existential moment for the industry, but it does highlight that primary markets will question whether they’re getting value for money or sufficient coverage,’ says managing director for analytics
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New cyber intermediary launched as capacity deal announced
’We equip carriers with deeper insights into the cyber risk in their books,’ says head
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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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More 20mph zones could cut motor premiums – Esure
’We are already seeing the benefits in places where 20mph speed limits have been introduced,’ says chief customer officer
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Markel expands PI offering after broker feedback
The business is ‘excited’ to ‘give brokers and their clients the opportunity to increase cover and limits options’, says broker sales director
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Insurance group appoints ex-Aon leader as head of distribution
’His energy and collaborative mindset will help drive the delivery of our strategy,’ says chief executive
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James McNamara: Face-to-face time ‘hugely important’ for brokers
James McNamara, UK distribution leader at CFC, explains what brokers can expect from the MGA in the coming year and outlines key trends impacting the MGA market
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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: To wildcard or not to wildcard?
The international break presents a prime opportunity for managers to analyse their squads and make some key decisions
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The biggest people moves this week
Insurance Times rounds up the biggest appointments, promotions and hires from 2 to 6 September 2024
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Axa UK snaps up ex-Aviva c-suite for senior role
’He has a deep understanding of the insurance sector, the regulatory landscape and the commercial dynamics of our industry,’ says chief executive
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Allianz pays out £51m for crashes during 3pm afternoon rush
’Our data has highlighted interesting patterns in the frequency and severity of claims,’ says claims director
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Insurance group announces employee ownership as GWP soars
’We believe in ownership for all, not just the privileged few,’ says chief executive
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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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Insurer announces new UK c-suite team
’Nurturing and developing our existing talent, while recruiting new people with fresh thinking is important to me,’ says chief executive
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Lloyd’s reports ‘best interim result since 2007’ for 2024’s H1 with COR of 83.7%
Chief executive attributes balance sheet growth to ‘disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet’
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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