All articles by Isobel Rafferty – Page 48
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Insurance industry leaders inaugurate alliance to accelerate net zero transition
The insurance industry and wider financial sector ‘have the power and responsibility to drive progress’
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Car insurance premiums plummet 8.4% in the past 12 months – Consumer Intelligence
Data insight firm attributes downward trend to telematics products and regulation
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FM Global appoints new president through internal promotion
Thomas Lawson will retire from his role after spending 42 years at the company
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Twitter’s David Wilding: The ‘brutal honest truth’ is that people aren’t talking about insurance
The social media site’s director of planning emphasises that ‘insurance is relevant to our everyday lives and people on Twitter tweet about their everyday lives’
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Staysure Group bolsters portfolio with travel insurance intermediary acquisition
The ’strategic move’ allows the group to ‘dominate across both B2B and B2C arenas’
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Pool Re reveals new expert advisory group to deter future systemic risks
A total of 12 members have joined the group, planning to act to protect the UK economy as ‘when the next risk comes, we must be ready for it’
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LV=’s Flow launches flexible contents insurance aimed at millennials
The product aims to provide ‘simple’ and ‘straightforward’ cover for an underserved market
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ABI members hold power to provide a third of money needed for UK to meet net zero
The trade body seeks sector solutions to ’the greatest threat facing our planet’ as insurance is ’uniquely placed to drive the transition’ towards net zero carbon emissions
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JMG Group buys its first business in the South of England
The acquisition will build the foundations for future growth as the group seeks to invest in more independent insurance brokers
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Verlingue UK Group increases turnover by 2.7% in 2020
Profit before tax increased by 23.5% compared to 2019
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Cyber insurance industry predicted to exceed $20bn GWP by 2025 – GlobalData
The pandemic has triggered a ‘permanent shift’ in the way businesses operate, which will push the demand for commercial and personal cyber cover
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Global cyber insurance pricing increases by 32% – Howden
The rampage in ransomware now poses a predominant threat to businesses of all sizes
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UK government publishes long-awaited Building Safety Bill
Despite the bill being welcomed, insurance industry leaders highlight concerns for buildings under 18 metres tall as ‘fire does not respect arbitrary height limits’
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Allianz announces four new senior hires
The hires, two of which have been promoted internally, will fill roles within motor claims, property, injury and supply chain
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Businesses are still not recovering resiliently from flooding – Marsh Risk Consulting
Considering how the industry can rise to meet flooding challenges, parametric solutions are ‘giving people hope’, says consulting director and head of climate and catastrophe resilience
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GlobalData identifies the top 50 AI startups with unicorn potential
Five firms are predicted to be the fintechs and insurtechs to watch
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Footballer ordered to pay £5,000 following insurance fraud
A 33-year-old man scored a halfway line goal during a football match, despite claiming that he was unable to play after sustaining a foot injury in a road traffic accident four years ago
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One in four UK insurance workers favour remote working post-pandemic
However, a similar proportion felt disconnected or forgotten by their employers, resulting in a third of respondents considering leaving their firms
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Change isn’t easy, but it needs to start now – Flood Re
Despite the efforts to support victims of the Doncaster flooding, insurers are still getting it wrong, says expert panel
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Marsh and Guy Carpenter reveal hat-trick of new senior appointments
The appointments bring a combined experience of 68 years to their new roles