Latest News – Page 64
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NewsAI will enhance, not replace, human interactions in Lloyd’s market
’The key message is that digital is not going to replace humans’, says deputy chief underwriting officer, but will ’improve productivity in the market’
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NewsOver 400 brokers able to expand coverage as distribution deal announced
’This further strengthens our proposition with an additional range of specialist products,’ says executive director
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NewsTechnology obsolescence is biggest digital threat in 2024 – Beazley
’Businesses need to adopt a robust risk mitigation strategy and perform diligent horizon scanning when adopting new technology,’ says new report
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NewsBiba and MGAA become affiliates to tackle similar market challenges
’MGAs can be part of the solution to some of the capacity challenges that are impacting our members,’ says chief executive
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NewsCivil court cases still facing major delays
’Access to justice is still hugely delayed, therefore access to justice is still being denied,’ says executive director
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NewsHiscox launches new proposition that covers more than 20 risks
The product ’will help employers respond to crises involving their employees wherever they are in the world’, says underwriter
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NewsWTW expands ICT business with new senior hire
Managing director says the appointee’s ‘deep knowledge’ will ‘strengthen’ the business
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NewsReinsurers increasingly directly deploying capital into primary insurance market
‘It’s not an existential moment for the industry, but it does highlight that primary markets will question whether they’re getting value for money or sufficient coverage,’ says managing director for analytics
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NewsBMS appoints ex-Aon boss as new chief broking officer
’I am eager to help the teams identify exciting new opportunities and solidify the group’s market position,’ says appointee
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NewsNew cyber intermediary launched as capacity deal announced
’We equip carriers with deeper insights into the cyber risk in their books,’ says head
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NewsNew standalone energy specialist MGA launched as chief executive named
’We have to evolve with our clients and brokers in order to respond to their needs,’ says new top boss
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NewsAsta expands senior management team with three new hires
’Their appointments reflect our continuing growth and our desire to source top level talent to best serve our clients,’ says chief executive
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NewsMore 20mph zones could cut motor premiums – Esure
’We are already seeing the benefits in places where 20mph speed limits have been introduced,’ says chief customer officer
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NewsCFC appoints new chief people officer
’She cares deeply about people and will bring valuable expertise,’ says chief executive
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NewsUse of technology essential for insurance firms’ ‘survival’
“It is not only a question [of] competitive evolution and competitive advantage, but it’s [also about] absolute survival,’ says chief executive
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NewsMarkel expands PI offering after broker feedback
The business is ‘excited’ to ‘give brokers and their clients the opportunity to increase cover and limits options’, says broker sales director
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NewsInsurance group appoints ex-Aon leader as head of distribution
’His energy and collaborative mindset will help drive the delivery of our strategy,’ says chief executive
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NewsNew MGA launches with ex-Gallagher leader as head
The MGA will ’act as a much needed interface between London and international brokers and markets’, says chief executive
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NewsJames McNamara: Face-to-face time ‘hugely important’ for brokers
James McNamara, UK distribution leader at CFC, explains what brokers can expect from the MGA in the coming year and outlines key trends impacting the MGA market
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
