All articles by Katie Scott – Page 47
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Brokers need to be SME business partners to secure success post Covid – Markel
Expert panel agrees that an advice-led approach complete with value-added services, such as tax and legal support, is the future of commercial broking post pandemic
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ARAG confirms new chief financial officer in preparation for Moreton retirement
The new hire has worked at firms such as QBE and Markel International
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Howden buys cyber and technology-focused broker
The company says the purchase ‘supercharges our growth in this important market’
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IT Interview
Industry has work to do to regain customer confidence – Zurich
Zurich UK’s head of retail believes insurers are ‘absolutely all aligned’ to repairing the reputational damage caused by the FCA’s test case and confusion over business interruption cover
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Take greater heed of climate risks, insurers warned
Law firm partner says insurers may need to take a leaf out of cyber insurance’s book with ‘explicit exclusions’
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Esure revamps management team with two new appointments
The new hires will support the business with its digital transformation journey
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PIB Group earmarks further European expansion with Polish acquisition
This is the business’s third purchase within Europe
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LiP portal to undergo third stage of testing in new year
The Motor Insurers’ Bureau confirms that the online service is ‘85% ready’
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Acquisition deal for Hastings completed
The business will be a subsidiary of financial firm Sampo Oyl
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A quarter of insurance staff want more tech training to cope with ‘new normal’ - KPMG
More than a third of insurance professionals have received training around mental health, as 28% view this as a key theme within their job roles now
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Clarifying causation will be crux of Supreme Court ruling – Fenchurch Law
However, Supreme Court judges also suggest a public policy stance around pre-trigger losses
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Over half of insurance staff want to remain home working post pandemic - KPMG
Financial services employees under the age of 30 are the most keen to continue working from home on a permanent basis
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‘The biggest risk for insurers is reputation’ says Aviva’s Blanc
The insurer boss adds that the industry’s reputational damage arising from the business interruption test case has left her feeling ‘very sad’ and that the industry needs to ‘not shoot ourselves in the foot as much as we do’
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FOIL elects new president
The member organisation has also appointed a new vice president, who will support the president in navigating sector-wide challenges such as climate change, social inflation and Covid-19
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Ardonagh grows adjusted EBITDA by 14.4% in first nine months of 2020
Group chief executive adds that the broker has a ‘strong trajectory into the final quarter of 2020’
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Electric vehicle prices main barrier to PM’s green ambitions, says LV=
Insurer LV= advocates the use of ‘fiscal incentives’ to encourage drivers to switch to electric vehicles
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IT Interview
Zurich targets regional brokers to achieve business growth
An 18-month transformation strategy has seen a lot of change at insurer Zurich – Insurance Times looks under the bonnet with the firm’s UK head of retail
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Brokers to blame for lack of pandemic focus in FTSE 100 boardrooms – Mactavish
The firm’s chief executive believes organisations have been ‘wasting their money’ on broker advice if pandemic risks have not been mentioned
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Xenia Broking Group makes hat-trick of board appointments
The company’s chief executive describes the new board additions as a ‘formative step’ for the broking business
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Ardonagh revamps Specialty business with new leadership team
This includes internal promotions at brokers Price Forbes and Bishopsgate Insurance Brokers