Latest News – Page 63
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Arc Legal inks deal with specialist MGA to tackle employers’ liability gap
’This deal compliments our increasing market share in commercial legal expenses insurance,’ says head of partnerships
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Insurance provider announces new chief underwriting officer
’With his extensive background in maritime insurance, he brings a broad knowledge and understanding of the market,’ says chief executive
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Shift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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Lloyd’s of London clamps down on unacceptable behaviour
’Our current processes for dealing with issues of poor conduct can be unclear,’ says Lloyd’s
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Broker ‘winners’ are those that embed ‘intelligent automation into workflows’ – Applied Systems
Artificial intelligence can support brokers in being more ‘efficient, effective and responsive’, says chief product officer
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Motor and home insurers’ APRs revealed as FCA action demanded
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
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Insurtech secures further funding to support growth
’We’re excited to expand our capabilities to reach a broader user base,’ says co-founder and director
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Biba calls on government to cut IPT rate in Autumn Budget
’The government has the opportunity to make some specific interventions to help ease the financial burden on customers and help with the issues that we are seeing,’ says chief executive
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Applied chief executive not currently eyeing further European expansion
’In the future we may look further afield in Europe, but it is not something we are looking at currently,’ says top boss
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Gallagher inks new multiyear title sponsor deal
’This new extension provides important, long-term support,’ says chief executive
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Commercial insurer expands coverage as it inks deal with distributor
The move comes as the insurer looks to broaden its focus
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Specialist insurer looks to Arch for new chief operating officer
’He brings a wealth of experience and has a proven track record,’ says chief executive
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Markel hires ex-Axa leader for senior broker role
’Her extensive background and connections in the broker channel, particularly around SME risks, including professional indemnity, will be invaluable,’ says director
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Alison Williams: Listening to broker feedback is key
Alison Williams, managing director at Prestige Underwriting, explains what brokers can expect from the MGA in the coming year and outlines key trends impacting the MGA market
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Insurance group takes staff from Munich-Re owned MGA
’Their expertise will be instrumental in delivering superior service quality for our broker partners,’ says managing director
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Specialist insurance provider snaps up ex-Aon leader for senior underwriting role
The appointee is ‘looking forward’ to collaborating with brokers in delivering a ‘superior insurance product’
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PE firm acquires 50% stake in home and motor MGA
’We have been highly impressed by the company’s achievements to date,’ says partner and head
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‘Gap in perception’ exists in industry’s understanding of cyber risks – Lockton
‘The possibility that you could have this sort of global outage is extremely remote,’ says cyber practice leader
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TMK announces senior hire as it establishes new reinsurance arm
’We are extremely well positioned to build our portfolio,’ says chief underwriting officer
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Axa employees to be offered shares as 2024 scheme launched
’Our employees have the opportunity to become shareholders in the company under privileged conditions,’ says chief executive