All Other articles – Page 11
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Backchat November 2021
A spy running late, a spooky Halloween inspired game for brokers and a controversial home insurance advert. What has the insurance industry been up to lately? You heard it here first…
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Beazley reports GWP improvement of 29% for 2021’s Q3
Chief executive believes the insurer is in a ‘great position to capitalise’ on the ‘the opportunity in the cyber market’
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Granite Group agrees to buy Crewe-based telematics insurer
The deal aims ’to cater to increasing demand for motor usage-based insurance’ post-pandemic
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Hastings Group reports £103m profit before tax in 2021’s Q3
Chief executive says the insurer is ‘well positioned to take advantage of upcoming market changes’ as it seeks to fulfil ambition of becoming ‘UK’s best and biggest digital insurance provider’
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HSB signs acquisition deal with specialist construction group
The deal will ‘expand our core insurance offerings into the structural warranty arena’, says insurer managing director
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John Lewis pulls home insurance advert after FCA calls it ‘potentially misleading’
The retailer will be contacting all customers that bought the product while the advert aired to ensure there is no confusion
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Domestic and General awards interim chief financial officer permanent role
The candidate is the ‘ideal person’ to progress the company’s finance agenda, says chief exec
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Beazley receives in principle approval to establish ESG-centric syndicate
The syndicate will offer additional capacity to businesses performing well against ESG metrics
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Arch Insurance International appoints chief risk officer
The hire has previously worked at Axis Managing Agency, Novae Group and PWC
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DAS UK Group top boss Andrew Burke steps down
The new appointment, for whom Burke has ‘enormous respect’, was promoted internally
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Direct Line and Churchill remove Covid cancellation restriction for travel insurance policies
The approach aims to support the recovery of the travel insurance industry
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Insurers brace for claims as CO2 shortage hits meat, beer and fizzy drinks supply chain
Zurich Resilience Solutions’ senior risk engineer says insurers can help identify vulnerabilities in firms’ supply chains to help increase resilience
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Post-lockdown theft claims see 171% surge over summer months – Urban Jungle
The home insurance provider has therefore provided seven top tips to curb criminals
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Beazley promotes new group head of strategy
The candidate will help to drive the insurer’s ’future strategy and direction’
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MGAs strive for sustainability while making ‘brave new steps into areas they’ve not been in before’
Broking boss believes that MGAs can help brokers ’win new business’
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Pool Re scoops former economic secretary to the Treasury as non-executive chair
The board is ‘vital in stimulating further innovative thinking’ during a changing terrorism landscape, says top boss
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UK executives most concerned about technology disruption risks in 2021 – Beazley
Beazley’s global head of cyber and technology says collaboration and communication between the broker, insurer and customer is more important than ever
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Former Brightside chief exec McCafferty takes on non-exec role at NPA Insurance
McCafferty feels NPAI ‘has genuine potential for growth in what is currently a difficult market for brokers’
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Beazley launches affirmative cyber cover for luxury yachts
With an £18m aggregate policy limit, the insurance product aims to combat cyber threats to superyachts using ‘preventative mitigation services, traditional asset indemnity and immediate response services to incidents’
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Battleface launches insurance for space tourists
While space tourism is ‘still in its infancy’, the demand is indeed ‘growing’, explains chief executive