All articles by Yiannis Kotoulas – Page 24
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NewsEx-Pool Re boss joins Guy Carpenter
He will join the reinsurance broker in a newly created role
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NewsReich Insurance named in Parliament as MPs call for FCA regulation on commission fees
It follows the broker being hit with a forced commission disclosure order
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NewsMercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
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NewsSaga’s retail broking arm reports 3% GWP dip for 2021
Chief executive says Saga’s insurance business delivered a ‘robust performance’ in the last year
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NewsThe Ardonagh Group reports adjusted ebitda growth of 42.4% for 2021
The broker’s income also reached £945.8m last year
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NewsSabre records small GWP decrease for 2021 amid ‘high levels of claims inflation’
The insurer’s COR also saw a slight raise last year, albeit within its targeted range
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NewsTowergate names new chief executive
The new c-suite member will bring 18 years of independent broking experience to the role
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AnalysisInsurance sector rallies around Ukraine
Insurance Times rounds up how the UK insurance industry has responded so far to the ongoing conflict
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NewsZurich appoints new head of SME
The insurer hopes the new hire will drive continued growth in its retail business
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NewsGovernment moves closer to axing controversial Vnuk law
The European ruling could have created extra costs of £2bn a year for the insurance sector
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News‘No silver bullet’ for repair supply chain issues
Brexit, Covid-19 and the Russia-Ukraine conflict have combined to create ’utterly unprecedented’ supply chain challenges
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NewsEcclesiastical reports pre-tax profit despite slight COR increase
Despite the UK ’still living with Covid-19’, the insurer believes it has had ’an outstanding year’ in 2021
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NewsSwiss Re debuts ‘enhanced’ oil and gas policy
The reinsurer has sent a ‘strong message’ to fossil fuel companies and governments with its new commitments
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NewsRSA updates trans-inclusive policy for UK employees
The policy has been crafted in collaboration with a recently transitioned member of staff
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NewsTribunal hits Reich Insurance with forced commission disclosure order
The order follows FCA warnings on the need for ‘fairness and transparency’ around broker fees and commissions
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NewsJMG Group buys East Midlands broker to continue expansion
The broker group plans to double in size over the next year
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AnalysisOIC portal will not be ‘perfect overnight’
MoJ representative David Parkin insists that the system is ‘working relatively well’, despite acknowledging need for improvement
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NewsMGA Rokstone appoints ex-Covéa chief underwriting officer
He comes with 25 years’ sector experience and will oversee the company’s global digital platform
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AnalysisFraud experts describe ‘worrying’ rise in property disrepair claims
Claims management companies are increasingly targeting this part of the market due to claim causation grey areas
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NewsMarsh pulls all Russian business
The move comes alongside a condemnation of the ‘unprovoked attack’
