All articles by Isobel Rafferty – Page 25
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News
General insurance firms’ creditworthiness will be hardest hit by inflation – Fitch
The firm’s latest report further highlights that several European markets in addition to non-life could move to a status of ‘deteriorating’
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Lloyd’s commercial lines customer experience is like a ‘pig going through a python’
Speaking at CFC’s UK Summit last week, Lloyd’s chairman explains the importance of meeting customer needs digitally
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PIB Group reveals c-suite reshape with eyes on international expansion
Two of the appointees bring over 40 years of combined experience from broker Aon
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Lloyd’s hosts ceremony to mark the death of HM Queen Elizabeth II
The Lutine Bell was rung a total of three times to mark the royal household’s change
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Global insurance broker secures approval for Asta-managed Flux syndicate 1985
The launch aims to increase the $32bn of premium already flowing into Lloyd’s from the broker
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Asta and Bermuda-based holding company win ‘in principle’ approval for new Lloyd’s syndicate
The new syndicate will underwrite run-off transactions within the market
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Anansi partners with insurer to offer embedded goods-in-transit insurance package
The collaboration aims to address current market pains resulting from an ‘antiquated’ method
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Cost of living crunch sees over-55s seek pay-as-you-drive car cover – Trakm8
Driver apps across the board are also proving to be popular
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Perils introduces new market coverage for European floods
The business’ capture threshold in its loss reporting service has also been increased
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UK businesses remain ‘in the dark’ about energy costs despite new government plans
Businesses will require additional support before they are ‘forced to close their doors’, says risk expert
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IT Interview
Lea Cheesbrough: The ex-broker shifting appointed representatives away from a ‘tarnished’ reputation
The FCA’s new regulations on ARs will provide a boost to AR networks, says managing director
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Moody’s teams up with specialty reinsurer on new ESG underwriting solution
The proposition was designed with the aim of supporting P&C insurers with ESG management
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Howden launches new carbon credit invalidation insurance solution
Addressing challenges in the voluntary carbon market is ‘critical’ to future growth if the UK is to meet net zero ambitions
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Animal Friends chooses new chief financial officer
The appointee’s experience in finance will help ‘elevate and strengthen’ the firm’s strategic plans, says managing director
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North American cyber MGA begins trading in the UK
The firm will be distributing its products via UK brokers to the SME sector, according to a statement
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Labour shortages and inflation bite for UK businesses – Bank of England
Economic struggle places the insurance market ‘in danger of sleep walking into a tsunami of fraud claims’, says group director of investigations
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CII teams up with professional body to build new route into insurance for school leavers
The new qualification will improve the ‘socio-economic diversity’ of the insurance sector’s talent attraction by ‘reducing the focus on those who have been able to gain higher education’, says early careers manager
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UK P&I Club snaps up chief underwriting officer from Newline Underwriting
The firm’s outbound CUO will be moving up the ranks to head up the firm’s arm in the Netherlands
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Esure’s in-force policies dropped by 3.2% in H1 2022
Chief executive explains that 2021’s £21.3m profit dip has been funnelled into digital transformation work
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Insureds facing higher renewal prices despite FCA’s price walking ban – Which?
The regulator previously stated that its rules against price walking should see consumers save £4.2bn, however