Insurer News – Page 44
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NewsAI supplemented underwriters set to replace traditional counterparts
’The focus of the debate on whether AI will replace underwriters should shift toward adapting with AI, instead of fearing job displacement,’ says project manager
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NewsHeightened geopolitical tensions pose risks to insurance sector – Broadstone
’Insurers should not underestimate the potential knock-on impact on their businesses,’ says head of London markets
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NewsUK premium hikes surge past Europe to ‘indicate a crisis’ – Bloomberg Intelligence
’Europe-wide price increases have diverged,’ says senior insurance industry analyst
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NewsAventum makes final recruitment push for record-breaking charity cycle event
Insurance Times will be a media partner for the event, which also aims to raise £50,000 for Cancer Research
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NewsMS Amlin launches paid carer’s leave to support work life balance
’We aim to alleviate some of the strain on working carers and foster an inclusive working environment,’ says chief people officer
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News‘Many firms need to make improvements’ as FCA publishes Consumer Duty outcomes review
Few firms had been able to provide clear evidence of where monitoring outcomes had led directly to action around improving these outcomes
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NewsMore brokers looking to support charities and communities
Brokers seek connections with local charities in order to give back to customers, improve their reputation and support talent attraction and retention, finds insurer research
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NewsAviva detected 39% surge in claim fraud across 2023
Motor injury claims accounted for 35% of all bogus claims, with the number of fraudulent injury claims declined for suspected fraud growing by 19%
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NewsInsurer hires ex-Axa XL broker manager for distribution role
’His experience, acumen and understanding of the market, combined with outstanding leadership skills, will help us drive momentum across Sompo’s business,’ says chief executive
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NewsInsurtech scaleup enters fresh fleet insurance partnership with Admiral Pioneer
’Our combined strengths will lead to safer roads and more efficient fleet operations across the UK,’ says chief executive
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NewsEuropean private equity investor acquires Atec Group
’It is a ringing endorsement of the business we have successfully built and our future strategy,’ says chief executive
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NewsDLG appoints Aviva c-suite member as new group chief risk officer
The appointee joins DLG’s chief executive and chief financial officer in having made the switch from Aviva to DLG
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NewsChaucer c-suite changes continue with new group chief operating officer
The appointee’s ‘strong operational background’ will help to ensure the insurer maintains a ‘fully optimised operating model’, says group chief executive
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NewsCII seeking rising stars for talent development programme
This ’is an excellent opportunity for insurance professionals who have ideas and wish to spread their wings and influence the sector,’ says president
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NewsBrokers promised seamless migration as NIG and FarmWeb policies move to RSA
The integration of 750 new staff following the acquisition has been a ‘huge success’, says distribution development director
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News‘Technology supercharging humans’ for personalised insurance service – Chris Loake
’Use AI behind the scenes’ to promote a ‘human touch,’ says group chief information officer
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NewsBlueprint Two deadline delayed again in London market transformation blow
’We’re confident we can resolve defects quickly and encourage the market to maintain momentum with their own testing schedules,’ says Lloyd’s chief executive
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NewsVapes now present major fire risk to schools – Zurich
’Disposable vapes can pose a serious fire risk as they contain lithium-ion batteries that can ignite if damaged,’ says insurer’s regional major loss manager
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NewsAxa UK and Ireland works to ‘strengthen’, ‘solidify’ and ‘deepen’ broker relationships
Chief executive believes it is ‘absolutely critical’ that the insurer works ‘hand in glove’ with brokers to tackle industry-wide challenges
