Latest News – Page 57
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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Fantasy Football: Gallagher’s Chay Thornborough Q&A
Insurance Times speaks to Gallagher’s account director for London corporate and UK retail about his top performance in this year’s Fantasy Football league
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 30 September to 4 October
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Gracechurch unveils Broker Champions Council to boost sector collaboration
’The partnership with Biba strengthens our ability to engage directly with the grassroots of the broking sector,’ says managing director
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MIB reveals results from latest crackdown on uninsured drivers
The operation continues to take place on the M8 motorway between Edinburgh and Langbank
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Insurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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‘I’m yet to spontaneously combust upon being misgendered’ – Leading Culture
‘Curiosity and courage’ are ‘huge superpowers’ when it comes to ‘inclusion and diversity’, says managing director
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Howden acquisition sees broker target ‘leading position’ in health, wellbeing and beauty insurance
’Our teams are now perfectly positioned to become the broker of choice in [these] areas,’ says managing director
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Ifig members vote to form UK chapter of international organisation as it celebrates 25th anniversary
’The insurance counter fraud industry now has a truly agnostic body that has the capability to collaborate across borders and world wide,’ says chair
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Credit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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New president takes the helm at Cila
’It is an honour to be elected as Cila president for the coming year,’ says new president
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Almost a third of Brits ‘not very comfortable’ with AI claim decisions – GlobalData
’The findings show that enough consumers are already open to interacting with AI to make it worthwhile to invest in,’ says senior insurance analyst
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Firms must embrace ‘cultural change’ to meet Consumer Duty requirements – FCA’s Graeme Reynolds
Cultural change is important when it comes to the regulation because ’the duty is not a once-and-done exercise’, says director of competition
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Zego exits B2B market and makes further staff cuts
’With these changes, we are confident in our positioning to drive sustainable growth in 2024 and beyond,’ the insurtech said
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Gallagher Bassett appoints new chief client officer
The appointee will work to drive improvements in the firm’s client journey
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Liberty Specialty Markets announces new UK and MENA chief underwriting officer
The new recruit’s ’perspectives will strengthen our ability to deliver value for our clients, brokers and our Liberty teams’, says president
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Broker Insights makes senior broking appointment during ‘crucial growth phase’
’She will be instrumental in helping them to get the most out of our technology to drive profitable growth,’ says chief executive
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RSA launches new D&O product due to ’uncertain times’
’Senior management make decisions on a daily basis that can be open to question at a future date,’ says head
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Gallagher announces new chief broking officer
’He has a strong track record of leading the creation of broking strategies,’ says chief executive
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Saga in talks with Ageas over insurance arm deal
It comes after Ageas abandoned its pursuit of Direct Line Group (DLG) earlier this year