Insurer News – Page 56
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Antares syndicate launches credit and political risks consortium
’We look forward to supporting our clients and broking partners with our underwriting capabilities,’ says class underwriter
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Insurers paying out £1.13m every hour in motor claims
’Significant and sustained cost pressures faced by insurers, such as a 31% rise in repair costs over the last year, have impacted on the cost of cover,’ says manager
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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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Backchat: Bard of Salford pens peculiar claims inspired poetry
’Insurance may seem like a mundane realm, but as the poems show, it’s a rich tapestry of human chaos, from tragedy to comedy and beyond,’ says poet
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FCA issues new update on Gap insurance
’As a provider of Gap insurance with a commitment to championing the consumer, we understand the decision of the FCA,’ says managing director
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Spotlite launches new claims support for entertainment sector
’Our broker and insurer relationships can now benefit from EL/PL expertise that would previously be outside of our remit,’ says head
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FOS makes insurance prediction as more complaints expected in 24/25
’In the year ahead, it’s likely that our service will see increasing levels of complaints,’ says chief executive
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Swiss Re announces new chief executive
’I’m looking forward to working with all my colleagues on the group executive committee,’ says new appointee
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CFC teams up with Biba for new cyber hub
’The cyber hub is a relaxed space for brokers to learn about the pro-active levers that can help their clients prevent and recover from cyber attacks,’ says head
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Admiral completes acquisition of RSA’s direct personal lines operations
’Our leadership team have enjoyed visiting our new colleagues at RSA and I am looking forward to personally welcoming them to our Admiral family,’ says chief executive
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Aviva launches new telematics initiative for drivers
’The more safely the person drives, the more they could save on their Aviva motor insurance when they come to renew their policy,’ says head of retail propositions
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Neal issues Blueprint Two update after phase one delayed
’[We] will continue working alongside the market associations to ensure we can safely deliver phase one,’ says chief executive
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ABI releases guide to help industry improve support for autistic customers
’Understanding autism and how to better support autistic customers is essential,’ says executive sponsor
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Home insurance premiums surge after bad weather strikes in Q1 2024
’The anticipated timing for lowering of home insurance premiums remains uncertain,’ says director
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Consumer trust declines following surge in insurance premiums
’The sharp rise in insurance prices is inevitably taking its toll on levels of customer trust in the sector,’ says managing director
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Zurich to evolve propositions to boost growth in 2024
’We are looking to make sure that we continue to grow,’ says chief executive
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News
Lloyd’s reports 2023 profit surge and ‘strongest’ COR since 2007
’The results we’re reporting today are our best in recent history,’ says chief executive
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New MGA launches with goal of addressing broker anger in PI space
’There has been a mounting level of frustration in the market at poor outcomes and unwillingness to actively underwrite in the PI space,’ says chief executive