Insurer News – Page 36
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NewsCFC’s chief underwriting officer departs after strategic review
’We are very grateful to him for the stability, leadership and deep market insight he has provided,’ says chief executive
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NewsPool Re signs new retrocession deal with Treasury
The agreement sets out the contractual terms between the Pool Re and the Treasury
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NewsAviva appoints new group chief operating officer
The new appointee said he is ’feeling super excited and honoured to be taking on this next role at such an amazing business’
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NewsLMG appoints Chubb leader to board as IUA representative
’I look forward to engaging with my fellow board members to shape and support the work of the LMG going forward,’ says appointee
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NewsAllianz issues EV battery warning after £6.5m spent to cover fires
’The severity and financial impact of lithium-ion battery fires are considerable,’ says head of motor trade
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NewsNew construction-focused London market committee launched
The committee has been created by the International Underwriting Association
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NewsHiscox boosts regional broker strategy as three-year deal signed
’This three-year renewal demonstrates our commitment to investing in technology that enhances how we serve our broker partners,’ says broker sales director
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NewsAviva to launch new digital products and modularise eTraded commercial combined offering
The eTrading product update is designed to give brokers greater flexibility and increased confidence to place larger, more complex risks online, says SME and delegated authorities managing director
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NewsABI and MGAA team up to boost sector collaboration
’We aim to create greater awareness of core priorities and knowledge sharing for insurance firms and their customers,’ says chief executive
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NewsMGA warns that no win, no fee firms threaten insurers’ stability
’Without stricter regulation, these firms will continue to drive up costs, create unnecessary complexity and undermine consumer confidence,’ says claims director
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NewsMGA hires Axa leader and ex-Hiscox boss as new chief underwriting officer
’We believe he is poised to drive innovation and excellence within our organisation and are very fortunate to have him on board,’ says executive chairman
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NewsMotor premiums see largest monthly drop since May 2024
’The market has now seen 10 consecutive months of falling motor insurance premiums,’ says director
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NewsAllianz detected £157.24m in fraudulent claims in 2024
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud
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NewsHowden launches new renewable energy quote and bind platform backed by Aviva
The platform will provide ’clients with a competitive and streamlined approach to securing construction and operational insurances for their renewable energy assets’, says broker
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NewsHigh Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 3 to 7 February 2025
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NewsThe biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 3 to 7 February 2025
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NewsClaims Excellence Awards 2025: Top tips for entries
Insurance Times collates advice from judges and the editorial team on how to best pitch awards entries
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NewsAllianz Trade’s UK chief executive to take on US role as veteran announces retirement
She is set to take up her new role on 1 July 2025
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NewsInsurance salaries higher than national average – and these are the roles seeing pay increases
However, some workers are unhappy with their salary because it has not risen in line with the cost of living
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NewsAviva launches two new classes for Lloyd’s market after Probitas buy
’This not only cements our commitment to providing comprehensive insurance solutions for our brokers and clients, but also provides access to previously unavailable markets,’ says head
