All articles by Isobel Rafferty – Page 36
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News
Ageas UK’s 2021 net result rises by 14.6% as new strategy bears fruit
Profit improved in 2021, despite the insurer’s motor book suffering a financial dip
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News
Industry veteran James Eaton confirms retirement
Eaton will remain in charge of the insurer’s specialty lines throughout 2022, but a succession plan will be announced later this year
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News
ABI partners with behavioural science social enterprise
The partnership aims to improve customer experience, trust and financial resilience by boosting numeracy confidence
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News
RSA pledges more than £750k to support SME talent attraction in 2022
Apprentices will ‘play a crucial role in developing and creating talent pipelines’, says professional development consultant
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News
FCA on the hunt for new senior leaders amid threats of staff strikes
The regulator is adopting a ‘campaign style’ approach to recruitment as it seeks to expand its talent footprint, says market executive director
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News
Allianz Group’s UK revenue up 2% year-on-year despite Covid-driven peaks and troughs
The financial results show the importance of ‘having a balanced portfolio of business’ across both personal and commercial lines, says UK chief executive
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Analysis
Metaverse and NFT insurance – to be or not to be?
As metaverses take the internet by storm, Insurance Times explores whether the insurance industry can capitalise on covering risk in digital worlds
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News
Broker and MGA Yutree hits £10m GWP in first decade of business
Backing two Biba schemes and boosting its presence in the media and entertainment sector were both key in helping the firm hit this milestone
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News
Marmalade adds Ageas UK to black box insurer panel
While the current economic climate drives up motor insurance demand, the deal aims to ensure ‘more comprehensive and cost effective policies for young drivers insuring their own car’, says chief executive
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News
Synetiq signs green parts contract with personal lines insurer
The ‘significant’ expansion of the firms’ partnership ‘underlines the importance of working together to drive cost savings and reduce emissions’, says chief executive
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News
Cycle insurer Bikmo launches new bike shop insurance
The product aims to relieve the ‘uphill grind’ experienced by cycle retailers in finding ‘a comfortable insurance fit’, says commercial insurance manager
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News
Axa UK and Ireland acquires renewal rights to Ageas UK’s commercial business
The deal aims to ‘further cement’ Axa’s commitment to the SME and schemes market segments, says chief executive
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News
MGA Atrium Underwriters sees £38m boost in 2021 underwriting profit
The business also saw a big jump in total comprehensive income, despite natural catastrophes ‘making it one of the costliest years on record’, says chief executive
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News
Curbing etrading referral delays requires brokers to understand insurers’ risk appetite
Live chat facilities and developing new capabilities in broker management systems will also help relieve referral build up
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News
Aston Lark broker Bruce Stevenson boosts both revenue and GWP by 7%
The firm’s growth follows being bought by Aston Lark and merging with its Glasgow team
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News
Lancashire Holdings suffers financial loss in 2021 driven by natural catastrophe events
Despite having a poor year for returns, the group reached record breaking levels of gross written premium after investing in expanding its portfolio
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News
Beazley improves combined operating ratio by 16% in 2021 following pandemic recovery
Rate improvements in the cyber market and lower natural catastrophe losses have contributed to the business’ profit
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News
Usage-based insurance broker taps into metaverse technology
The broker is now able to meet clients across the world, whether at a ‘sunny beachfront or the summit of Everest’, says chief operating officer
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News
Admiral named best Gibraltar-based insurer for second year running – Insurance DataLab
The insurer’s ‘market-leading COR’ exceeded the performance of the largest UK underwriters in 2021, says data insight firm
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News
UK consumers working from home demands policy adaption from insurers – GlobalData
Keeping up with evolving consumer behaviour is a ’significant challenge’ for insurers, says insurance analyst