Insurer News – Page 59
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News
Q&A: Markel to make eTrading ‘more influential in some specialist lines in coming years’
John Dawson, broker sales director at Markel UK, discusses the insurer’s plans for developing its eTrading platform
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Insurers exiting high-risk areas as climate losses surge
’Increased frequency of climatic events has exposed insurers to more risk,’ says analyst
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Markel announces new head of bloodstock for London market
’His promotion to this leadership role reflects our long-term outlook for equine and livestock at Markel,’ says divisional managing director
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Insurance industry facing ‘challenging period’ due to regularity of storms
Experts suggest that insurance firms are also facing challenges in adopting flood resilience schemes
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Facility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
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Canopius Group sees profit surge during 2023
’Decisive actions have been taken to accelerate delivery in the last few years,’ says chief executive
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US-based broker announces UK acquisition
The deal is an ’important strategic addition’ to its growth plans, says chief executive
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DLG confirms it has turned down second acquisition proposal from Ageas
’The board is confident in DLG’s standalone prospects,’ says insurer
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Backchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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News
FCA warns of clone pretending to be Admiral Insurance
’Scammers may give out other false details, including email addresses, telephone numbers, postal addresses and firm reference numbers,’ says regulator
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Academy snaps up Premierline from Allianz to bolster commercial book
’With us, they will be at the core of the business and a large part of the team will start managing the growth of the group,’ says chief executive
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Zurich finds surge in fraudulent property insurance claims
’It’s clear that every year fraudsters are becoming more sophisticated,’ says head of claims fraud
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News Analysis
Are difficulties in the motor market having a ‘negative impact’ on capacity for MGAs?
’The market is creating opportunities, but it is also creating a lot of challenges,’ says head
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‘Integration and transformation’ the drivers for RSA this year – Ken Norgrove
’Brokers ultimately decide who wins in the commercial space,’ says chief executive
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Inigo inks deal to gain real-time insights in aviation war exposures
’This bolsters our vision to further develop Inigo’s data-driven exposure management capabilities,’ says head
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Aviva and Darwin announce second autonomous vehicle passenger shuttle
’This trial will give us access to a wealth of rich data,’ says head of motor
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Bearman steals the show as son makes impressive Formula 1 debut with Ferrari
David Bearman watched his son Oliver drive for Ferrari’s Formula 1 team over the weekend
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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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Lloyd’s Tiernan urges caution despite record 2023 underwriting profits
’Without any doubt, we must deliver adequate returns,’ says chief of markets