Aviva’s application fraud is on the rise, with ghost broking making up 15% of all policy fraud. from Insurer - insuranceage.co.uk https://ift.tt/OtYLaoZ
Allianz Commercial has launched an Accelerator programme to support independent brokers and has revealed plans to recruit 30 underwriters. from Insurer - insuranceage.co.uk https://ift.tt/ayZS0Nk
According to a report by EY, UK motor and home insurers are expected to make the biggest annual loss in over a decade this year, with further losses forecast for 2023. from Insurer - insuranceage.co.uk https://ift.tt/GiZOHmJ
The Financial Conduct Authority’s Sheldon Mills has urged the industry to do more on ensuring diverse representation and inclusive cultures. from Insurer - insuranceage.co.uk https://ift.tt/17W8nYH
Lois Cartridge from Bournemouth, an insurance account handler at a broker, has been given given a custodial sentence of 16 weeks, suspended for 12 months, and ordered to pay costs of over £20,000 after exaggerating the severity of her whiplash claim. from Insurer - insuranceage.co.uk https://ift.tt/tobKeDE
Julia Graham, CEO at Airmic, has stressed the harsh market has given insurers and brokers new challenges and that difficult times are ahead. from Insurer - insuranceage.co.uk https://ift.tt/h8mUtXF
The Association of British Insurers has published a new Blueprint which sets out a multi-year strategy and plan to improve diversity, equity and inclusion across the insurance and long-term savings industry. from Insurer - insuranceage.co.uk https://ift.tt/jwimlFW
CEO of Insly, Risto Rossar, has insisted that schemes brokers and managing general agents should not rely too heavily on their capacity provider's IT systems and keep their doors open to new partners. from Insurer - insuranceage.co.uk https://ift.tt/MVqxP1Z
Insurance United Against Dementia is preparing for the latest Insurance Day of Giving with several firms already committed to raising money for the Alzheimer’s Society. from Insurer - insuranceage.co.uk https://ift.tt/JxWH1q3
The Association of British Insurers has backed the government’s Solvency II reform package which Chancellor Jeremy Hunt said will “unlock tens of billions of pounds of investment for our growth-enhancing industries”. from Insurer - insuranceage.co.uk https://ift.tt/3XQ6WOe
The British Insurance Brokers’ Association and the Association of British Insurers have both welcomed the decision by Chancellor Jeremy Hunt not to raise the level of insurance premium tax. from Insurer - insuranceage.co.uk https://ift.tt/BfgOSGz
Joanne Marriott has been part of the Nottingham Insurance Institute for 20 years. Elected president in 2021 Marriott was re-elected for a further year in 2022. In an exclusive Q&A with Insurance Age she tackles insurer service, attracting talent to the industry, the local market, her plans for 2023 and more. from Insurer - insuranceage.co.uk https://ift.tt/2C4HwWK
Managing general agent Iprism has struck its first deal buying specialist underwriting agency Metier Underwriting for an undisclosed sum, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/MxYgEp2
RSA is investing in its broker service as it aims to reverse years of decline. Having published its strategic roadmap for 2025, Saxon East discovers that although there is plenty of goodwill, it faces a battle to convince brokers it can achieve its goals from Insurer - insuranceage.co.uk https://ift.tt/aS7154m
The Financial Conduct Authority has revealed that it intervened to amend or withdraw 4,151 financial promotions between July and September. from Insurer - insuranceage.co.uk https://ift.tt/3GROXVh
Commercial Express has launched a residential property owners product, Let Secure, underwritten by Covéa. from Insurer - insuranceage.co.uk https://ift.tt/qDOZpvT
The British Insurance Brokers’ Association has set out a series of commitments to the Financial Conduct Authority and the government to help achieve better outcomes for leaseholders, especially those living in high rise residential buildings that require remediation work, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/o4ULhH9
Calculations by the British Insurance Brokers' Association have shown brokers are working thousands of hours to complete fair value assessments. from Insurer - insuranceage.co.uk https://ift.tt/rPhUVYG
Premier League clubs are continuing their battle against insurers Allianz, Aviva, CNA, Liberty Mutual, MS Amlin and Zurich in a dispute over business interruption payments. from Insurer - insuranceage.co.uk https://ift.tt/szL83mW