All articles by Katie Scott – Page 12
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News
Ecclesiastical enhances art and private client policy to cover cyber risks as standard
Art and private client business director reveals that policy changes are the result of broker feedback
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Analysis
Briefing: Russia-Ukraine conflict takes toll on insurers’ half-year results
Insurers are preparing for further losses as Russia continues to hold on to leased planes
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News
Seventeen Group buys Glasgow-based property sector specialist broker
The intermediary organisation plans to ‘build our business in Scotland’, according to chief executive
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News
BGL Insurance appoints managing director of distribution
The firm’s customer director has been promoted into the newly created role
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IT Interview
William Cooper: Stanhope Cooper seeks investment to get greater ‘buy-in from insurers’
Managing director believes that private equity funding or investment from a larger broker is ‘inevitable’ and will help facilitate growth across three business segments
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News
Current level of industry regulation is ‘suffocating small brokers’ – Stanhope Cooper
Broker boss believes regulation for brokers has ‘gone too far’ and is ‘anti-entrepreneurialism’
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News
Tesco Bank appoints new chief customer officer
The new hire will oversee the firm’s proposition for customers across its insurance, banking and money service divisions
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News
Three ‘I’s that lead to underinsurance pose ‘real reputational risk’ for insurance industry
But brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures, says commercial lines boss
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News
Azur acquisition set to make Aviva a one-stop-shop for its SME customers
Once the MGA has been integrated into Aviva, its boosted private clients division will be targeting ‘strong organic growth’ to help it achieve the ‘number one position’ in the HNW market, says UKGI boss
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News
Boosted eTrading proposition is key driver of Aviva’s H1 12% commercial lines growth
UKGI chief executive explains that the insurer is ‘really mindful of acting on broker feedback’
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News
Aviva takes ‘active’ approach to inflation in personal lines
Inflation is ‘not a surprise’, so the insurer has adopted a ‘cautious and prudent’ strategy to mitigate ramifications for brokers and consumers, says leadership
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News
Aviva plans 2022 year-end share buyback programme
Group chief executive emphasises that any return of capital to shareholders must be ‘sustainable’ and ‘regular’
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News
Amanda Blanc: Aviva is ‘not in any way vulnerable’
Following the ‘seismic move’ to divest non-UK, Ireland and Canada-based businesses, group chief executive confirms that Aviva has a ‘strength and performance that we didn’t have before’
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News
Aviva’s COR for UK and Ireland GI business worsens to 95.6% for 2022’s H1
The insurer attributes profitability dip to post-pandemic claims uptick and the occurrence of more severe weather events
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News
Allianz’s eTrading capabilities are ‘on an improving path’ – but still have ‘a long way to go’
Digitalisation in commercial lines is ‘not impossible’, but it is flagging behind digital progress in personal lines ‘for good reason’, says commercial lines boss
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News
GRP’s Birmingham-based hub appoints new managing director
Incoming managing director describes the business as a ‘high growth, acquisitive and dynamic broker with ambitious future plans’
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News
Tribunal reverses £17.9m Compare the Market anti-competition fine
Tribunal panel rules that prior Competition and Markets Authority decision was based on ‘no reliable evidence’
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IT Interview
Colm Holmes: ‘Strong relationships’ with brokers is ‘a core part of our strategy’
Chief executive believes half-year growth in 2022 secures firm’s status as ‘the number one P&C insurer in the UK’
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IT Interview
Simon McGinn: Clarifying ‘challenging’ BI wordings could lead to ‘narrowing the cover’
Insurers must help brokers carve out more time to have ‘critical’ client conversations around what policies do and do not cover, says commercial lines chief executive
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News
Rates ‘will need to increase’ to accommodate high inflation – Allianz Holdings
Amid predicted inflation increases and an impending recession, insurer boss has fears around underinsurance and incorrect indexation in the commercial market