All articles by Katie Scott – Page 26
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News
Data-driven insurtech launches to put transparency and fairness at heart of UK motor market
Insurance Times gets the exclusive first interview with Adiona founder Paul Harvey, who aims ‘to create a consumer brand in insurance that people love’
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Former Brightside chief exec McCafferty takes on non-exec role at NPA Insurance
McCafferty feels NPAI ‘has genuine potential for growth in what is currently a difficult market for brokers’
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Axa sells insurance operations in Gulf region
The cash consideration for the deal with Gulf Insurance Group amounts to $264m
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IT Interview
‘There are definitely issues’ with getting claimants to use the OIC portal – Axa
The fluctuating coronavirus landscape has created an ‘artificial environment’, making long-term motor claims trends difficult to pinpoint, says UK retail boss
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News
Pen Underwriting appoints newly created head of technology role from Hiscox
The hire of the ‘established insurance heavyweight’ aims to help the MGA branch into a new market niche
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Zurich Insurance UK signs three-year green parts deal with vehicle recycling company
The partnership aligns with Zurich’s ambition to ‘embed sustainability across our business’
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Ethos Broking appoints commercial director from Marsh
Chief executive believes the new hire ‘is a perfect match for the business’ who will ‘make an impact quickly’
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PIB Group improves adjusted EBITDA by 41% for 2020
After completing a host of acquisitions last year, the broker has its sights set on further international growth and plans for ‘new territories to add to the group’
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Features
Opinion: Bottom lines boosted in 2021’s H1, but what does H2 have in store?
Many insurers have bounced back financially from the Covid-19 pandemic in the first six months of 2021, yet uncertainty around upcoming claims trends means bottom lines are not out of the woods yet
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News
Beazley launches affirmative cyber cover for luxury yachts
With an £18m aggregate policy limit, the insurance product aims to combat cyber threats to superyachts using ‘preventative mitigation services, traditional asset indemnity and immediate response services to incidents’
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PIB Group buys wheels-based broker in 42nd acquisition to date
Essex broker believes PIB Group offers ‘opportunities for growth’ and ‘a strong cultural fit’
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News
Zurich UK appoints chief underwriting officer from Lloyd’s
The new hire describes the move as ‘the natural next step in my career’
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Features
Briefing: Addressing emerging geopolitical risks is ‘major growth opportunity for insurers’
New Lloyd’s report calls for innovation around insurance for geopolitical risks as it identifies 10 ‘paradigm shift’ factors that could affect whether current cover is still fit for purpose
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News
Mosaic Insurance appoints chief underwriting officer and underwriting director
The new hires will help the firm develop ‘the next generation of global specialty insurance’
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Features
Insurance sector needs to do more to attract talent from outside the industry
‘The outdated image of the insurance salesman has long gone’ as the sector works to engage talent with a focus on ‘future gazing’
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News
Chief financial officer set to return to Willis Towers Watson
Chief executive believes the new hire’s ‘strategic financial perspective’ will ‘contribute to our future success’
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IT Interview
Tara Foley: Axa to take ‘test and learn approach’ to hybrid working post-pandemic
Insurance firms will ‘struggle in the war for talent’ if they are unable to get the balance right for their workforce between home and office working, says UK retail boss
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Features
Briefing: FCA must ‘up the ante’ on GI pricing reform to combat ‘very slow’ industry engagement
The regulator attempts to gee up insurance businesses ahead of its first GI pricing reform deadline with scathing multi-firm review – but will publishing ‘shortcomings’ galvanise industry action?
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News
FCA concerned that insurance firms unprepared for incoming product governance rules
The regulator’s executive director for supervision says ‘it’s worrying that some firms may not be ready’ for 1 October deadline
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News
Insurtech partners with WHSmith to offer insurance to UK retail customers
The retail business is making an ‘innovative move’ to provide insurance for its customers and ‘shake up the traditional retail insurance market’