Latest News – Page 55
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NewsChubb accused of U-turn as coal deal allegedly struck
The insurer pledged in 2019 to restrict coal underwriting – but new reports suggest a reversal
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NewsAllianz Commercial snaps up RSA leader for MGA-focused position
’Portfolio solutions is an important and fast-growing segment in our business,’ says chief underwriting officer
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NewsAtec Group-owned MGA secures £120m of capacity in new deal
’We had reached a tipping point with more demand for our products than we were able to meet. This additional capacity will take the shackles off,’ says chief underwriting officer
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NewsUK and global commercial insurance rates continue to fall
‘Mounting competition among insurers with ambitious growth targets is providing reduced pricing and broader coverage options,’ says president of global placement
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NewsProbitas Ada Spa 2024 graduates to full Lloyd’s syndicate
‘We are delighted to start the next step on our journey trading as a full syndicate,’ says managing director
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NewsTokio Marine International appoints new chief claims officer in latest leadership change
‘I look forward to driving innovation and strengthening its claims capabilities to support our clients and our underwriting teams,’ says appointee
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NewsPremier League club West Ham names commercial broker as official insurance partner
’Together, we look forward to achieving great things on and off the pitch,’ says managing director
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NewsHigh Court backs Bath Racecourse in landmark Covid BI ruling
‘Businesses with multiple premises may have separate limits and sublimits of indemnity,’ says law firm partner
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NewsSouth African insurer to go on UK recruitment drive as Lloyd’s gives green light to syndicate
’We are very excited about our partnership with Lloyd’s and the expansion opportunities into new territories and classes that the new syndicate will offer,’ says chief executive
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NewsIUA calls for strong regulatory framework for automated aviation
’A clear and enforceable regulatory regime will help mitigate risks and support the development of insurance products,’ says director of underwriting
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NewsUnawareness of crash for cash scams costing UK drivers
‘Crash-for-cash scams remain a serious threat to drivers across the UK, especially in cities like London,’ says head of customer care
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NewsHowden-owned MGA launches new trade credit insurance arm
’Our dedicated teams based in local markets are perfectly placed to deliver responsive, tailored solutions that help clients manage credit risk more effectively and continue growing with confidence,’ says appointee
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NewsOne in four landlords switch insurers due to poor claims experience
‘A single bad claim can completely erase a long-term price advantage,’ says chief executive
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NewsBrown and Brown to acquire private client and bloodstock broker
’We look forward to supporting them as they continue to do what they do best,’ says retail chief executive
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NewsBrokers push for greater delegated authority as demand for bespoke and hybrid eTrading grows
’There isn’t any nuance for the wealth of experience and advice that the broker can bring in,’ says managing director
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NewsFCA issues ‘double dipping’ warning to insurance firms amid premium finance probe
’If we see evidence of firms not having an objective and reasonable basis for taking such an approach, we will consider our supervisory approach on a firm by firm basis,’ says regulator
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NewsSupply chain risks leaving UK construction firms exposed
‘The confluence of global supply chain disruptions, rising material costs, labour shortages and sustainability goals present a complex risk landscape for the UK construction sector,’ says portfolio manager
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NewsLloyd’s gives green light to new syndicate focusing on trade credit risks
’By leveraging Lloyd’s renowned and innovative underwriting platform, we can deliver exceptional value to our clients and partners,’ says chief executive
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NewsAviva upgrades freight liability product with new features for brokers
’Marine insurance may be centuries old, but it shouldn’t stay stuck in the past,’ says marine manager
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NewsWillis launches new residential real estate team
’We’re continuously looking to evolve and improve how we deliver services to clients,’ says managing director
