Insurer News – Page 57
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NewsCyber insurance is ‘inaccessible’ for SMEs
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
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NewsFCA identifies ‘areas for improvement’ in insurers’ valuation of vehicles
The findings of the regulator’s multi-firm review have identified some failings in motor total loss claims
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NewsABI ‘disappointed’ by Supreme Court ruling and warns of increased cost pressures
’The outcome risks undermining the intention of the whiplash reforms,’ says association
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NewsChaucer enters weather insurance market with new parametric product
The (re)insurer has also put together a new specialist team to help with its entry into the market
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NewsLloyd’s Lab unveils America-focused cohort 12
’The lab’s recent success with region specific themes further validates the work of the lab,’ says senior manager
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NewsRevealed: Insurance Times Claims Excellence Awards finalists 2024
The awards are designed to recognise the best and brightest in the UK insurance claims sector
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NewsSupreme Court unanimously rejects insurers’ mixed injury appeal
People with mixed injury claims can claim full common law compensation for their non-whiplash injuries at the same time as the statutory tariff payment for whiplash, the court has ruled
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NewsClaimant’s solicitors ordered to pay costs over dishonest injury claim
’Claimants’ solicitors are not immune from cost penalties,’ says partner
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NewsApollo forms new partnerships for Lloyd’s Marine Builders’ Risk Consortium
’This new consortium offers Lloyd’s brokers a genuine alternative,’ says leader
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NewsAxa Commercial appoints new director of SME intermediary
’His expertise will be crucial in helping us to create a seamless digital customer experience,’ says director
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NewsBikmo enhances proposition with new partnership
’We’re looking forward to working with dealers to support their business by adding insurance to the mix of services they offer their customers,’ says global head of partnerships
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NewsUK&I leads way in European insurance M&A deals as transactions increase
’A number of landmark transactions continued to shape the evolution of the European broking landscape,’ firm says
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NewsZurich platform update compliant with EU AI regulation
The insurer has approximately 800 external users on its platform
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NewsAgeas abandons DLG pursuit after two proposals rejected
’I am convinced that, given the circumstances, we took the right decision not to make an offer,’ says chief executive
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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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NewsEcclesiastical reports 2023 COR rise despite GWP increase
’We move into 2024 with renewed ambition and drive to grow the business,’ says chief executive
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NewsFraudster who made £75,000 worth of travel claims caught after LV checks
’Travel insurance is intended to be a reassuring safety net should the worst happen, not a means of personal financial gain,’ says detective constable
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NewsWinslow outlines DLG’s cost cutting plan and addresses questions about jobs
’We are not immune to any of the wider technology and digitisation forces that every industry is needing to address and face into,’ says chief executive
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NewsAviva increases direct home cover limits
’We can offer more comprehensive protection for their homes and possessions,’ says head
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NewsGenerative AI can make embedded insurance ‘more productive’ – Ericson Chan
’The future is going to get a lot faster and more productive in an exponential way,’ says group chief information and digital officer
