Latest News – Page 28
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News
LMA unveils framework for under-modelled cyber risks
’One of the standout features of our report is its focus on the aggregation potential of cyber risks,’ says chair
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Specialist MGA expands panel of insurers
’We continue to broaden our insurer panel and deliver outstanding solutions for our brokers,’ says managing director
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Midlands flooding impacts over 7,000 buildings – ICEYE
’The ICEYE team is actively monitoring the Midlands and is focusing on the most affected areas,’ says statement
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Insurance firms to integrate under one brand to bolster claims service
’The aim of the integration is to capitalise on the complementary strengths of both businesses,’ says statement
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Top 50 firm acquires broker to expand telematics offering
The acquired firm employs over 50 people and serves 7,000 live policyholders
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Arch announces new EU chief executive
’His considerable underwriting expertise and leadership experience will be critical,’ says director
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News Analysis
James Kruger: Industry must develop a sense of adventure as client demands increase
Capgemini’s UK head of insurance divulges his firm’s top insurance trends for 2025
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Brown and Brown rolls out rebrand as part of One Retail strategic plan
Intermediary group doubling down on standardisation project after raft of M&A led to “fragmented” business and operations, says UK retail chief executive
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from 6 to 10 January 2025
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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 6 to 10 January 2025
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Insurance provider acquires marine specialist
’This strategic acquisition is an exciting development,’ says chief executive
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Brown and Brown acquires specialist broker
’We look forward to the opportunities this partnership will bring,’ says statement
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Aviva expands trading office with five new appointments for brokers
’The appointments we’ve announced today underpin our commitment to being our broking partners’ first port of call,’ says branch manager
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Xceedance appoints new chief digital and AI officer
’He will reimagine the future-state operating model for insurance,’ says president
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UK insurance M&A deals rose last year after slower 2023
’The focus on cost efficiencies, scale and simplification of operating models and product ranges is motivating both acquisitions and sales of insurance businesses,’ says UK insurance strategy and transactions
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Commercial third sector insurer awards £225,000 across three charities
’We look forward to staying closely connected with each charity and witnessing the difference they make in young lives,’ says managing director
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Yorkshire Building Society and insurtech team up to address home insurance accessibility
’I’m really pleased to launch this new service to our customers,’ says director
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Broker insurtech partnership launches Ukrainian commercial property reinsurance facility
’As Ukraine continues to navigate the devastating impacts of war, we recognise the significant role of the insurance industry in supporting Ukraine’s economic regrowth,’ says chief executive and founder
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News
DLG launches new initiative to improve vehicle repair standards
’We’re not only raising the bar for vehicle safety, but also ensuring we’re prepared to meet the demands of an increasingly complex automotive landscape,’ says claims director