Latest News – Page 60
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Insurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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Uinsure goes on hiring spree after RSA exit results in big deals
’An expanded scale will only help in securing more competitive premiums for all our partners’ customers,’ says chief distribution officer
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MGA launches unoccupied property product after broker feedback
’Our short-term unoccupied property insurance addresses the specific risks associated with unoccupied properties,’ says managing director
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Former Howden and WTW executive joins Ardonagh-owned broker
Head says his expertise ’made him the perfect person for this position’
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Revealed: The 2024 Insurance Times Awards finalists
The awards are designed to recognise the best and brightest in UK general insurance
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DEI is an ‘attitude’ not a journey – John Neal
’We talk about inclusion and diversity, we want it in businesses, [but] it is all about attitudes,’ says chief executive
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Howden teams up with Microsoft for new proposition
’We are dedicated to empowering industries with the technology needed to tackle critical issues,’ says corporate vice president
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Financial lines specialty MGA wrap aims to fill D&O gap
The new specialist D&O product ’provides broader personal asset protection whilst enhancing brokers’ ability to retain or win business,’ says director
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PE firm set to sell Open GI as ‘definitive agreement’ confirmed
’The transfer of ownership is expected to be completed in the fourth quarter,’ a spokesperson said
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WTW announces senior hire in bid to strengthen commercial market position
’The insurance industry is ripe for innovation and WTW is at the forefront of this transformation,’ says appointee
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Mike Patston: Touchstone investing in technology to enhance broker experiences
Mike Patston, deputy managing director at Touchstone Underwriting, outlines how the MGA is looking to deliver for its broker partners
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Underwriters worried about being replaced by AI – Hyperexponential
’Actuaries and underwriters can add significantly more value by embracing and leveraging AI,’ says chief executive and co-founder
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DAS reports 8% GWP growth following Arag acquisition
’These results show why Arag was keen to acquire Das,’ says chief executive
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DLG announces new charity partnerships
’We see real value in the learning opportunities this collaboration can provide,’ says diversity and inclusion and talent partner
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MGA launches new property arm and announces senior hire
’This expansion allows us to offer a more comprehensive and innovative product range,’ says appointee
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Axa XL expands UK cyber team
’Cyber remains a top concern amongst our clients and that’s why we’re expanding our UK cyber team,’ says head
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New underwriter set to launch with ex-Hiscox and AIG leader as chief executive
Chairman says the firm can ’fill a gap in the market’
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Australian broker announces new UK retail chief executive and wholesale boss
’I’m very fortunate to work with a team of dedicated professionals to drive business growth and enhance the value we offer to brokers and clients,’ says appointee
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Nick Wright: Pen exploring acquisition opportunities in the UK
Nick Wright, chief business development officer at Pen, outlines how the MGA is looking to deliver for its broker partners
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week